I recently retired from a municipal job and I need to get life insurance for the first time.
The city group conversion plan, Boston Mutual Life quoted me a whole life policy for 15,000 at $52 per month.
Its been hard to talk to a real person at Boston Mutual Life so far.
I'm only looking to cover my burial costs, but $15,000 doesn’t seem like it will be enough 25-30 years from now.
I was thinking maybe get term for 25 years, then put something away every month to cover my own costs in my 70’s.
But I’m not sure if I should be thinking WL now……
The city group conversion plan, Boston Mutual Life quoted me a whole life policy for 15,000 at $52 per month.
Its been hard to talk to a real person at Boston Mutual Life so far.
I'm only looking to cover my burial costs, but $15,000 doesn’t seem like it will be enough 25-30 years from now.
I was thinking maybe get term for 25 years, then put something away every month to cover my own costs in my 70’s.
But I’m not sure if I should be thinking WL now……