How many 20 somethings have term life insurance? I'm just asking because I hear Suze Orman talk about it all the time and on her segment How am I doing it is one of the types of insurance that make up the " insurance" score.
When I logged into my mint account today it also recommended term life insurance from the company ING Life Insurance which is a subsidiary o f ING Direct. From doing the free quote it seems that I can receive a 20 year term insurance policy of $600,000 for only $302.00 a year.
Because I'm married with a house, lots of student loan debt, and the possibility of children coming soon, I think I need term life insurance to take care of my family in case of my death. However, I'm not sure and am going to do a little more research.
Are they are any other 20 somethings that have term life insurance?
FYI: As I was writing this post a commerical for Suze Orman came on and next weeks show will be devoted to insurance.... Hooray!!!