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I don't know if my parents ever tried to kill me, but they never succeeded. Which sucks for them, I hear I'm worth a lot.
You know what the real crime is? Insurance!
The wife also wants term policies on the children. I think we should wait until they're earning some income before we insure against its loss.
(The wife argues she wouldn't want to work for a while if either of the children died.)
Nevertheless, like those above, my parents took out a combined insurance/investment policy on me at a young age, which I later cashed in as an adult (the investment return was terrible) and converted to Ebay stock.
Judging from these comments, it appears there were some pretty good insurance salesmen back in those days.
I'm sorry. Really. But maybe the media is to blame if I'm misguided.
And on that morbid note, I'm going home to try not to die this weekend.
Still, insurance policies on children is not altogether a bad thing if there is a history of SIDS or other child diseases in your family. It's morbid thinking, but funerals are expensive.
If you want an investment, max out your 401(k).
But is every insured child, an unwanted child? No. Some salesmen can sell anything and make you believe it is a good thing. But can an insurance really pay out more benefits (death benefits, whole-life saving polices, etc) than they receive in premiums? Of course not.
There was a case up here in Alaska, circa 2003. Drug-using mom takes out insurance policy on two kids. Somehow the house is burned down and a liquid "accelerant" was used. In addition to the insurance policy, several incriminating details arose. She'd purchased a gasoline can that week and it was recorded in Safeway's computers because she'd used her "Safeway Club Card". And the child she'd drugged not quite enough managed to jump from a window, survive, and report what she'd done. She was convicted of killing the other child.
For a house fire, for most people that suggests you might want insurance. (and of course your bank requires it). But for the inlikely event of a child's death and the small expense of a funeral? If you are that concerned about finances, consider that you'll save a funeral's worth of food, clothing, soccer-mom gas, christmas presents, vacation costs, birthday presents, etc in a few month.
The big expense is not the burial. But that over half of marriages don't survive the death of child. And divorce costs a lot more than a few thousand dollars.
"The big expense is ... that over half of marriages don't survive the death of child. And divorce costs a lot more than a few thousand dollars. "
Interesting point. I wonder if you can purchase marriage insurance?
Term life only pays out if you die...you don't get anything if you decide to drop the policy. Rip off.
p.s. This guy only got second degree murder? Sounds like it should have been first to me.
Sometimes kids die. It sucks, but happens.