Life Insurance? WTF.

I am so tired of adulting.  Yep, just made up that term.

Tonight, we have a representative (who also happens to be a good friend), coming over so that we can sign off on a life insurance policy.

Yes, we both have life insurance through our respective jobs, but it probably wouldn’t be enough now that we have Kenzie.

So we prepare for the worst and hope for the best.

Mike basically said, “I would be fine on my own with Kenzie, but if something happened to me, I would want to make sure you guys were taken care of”  ….I joked and said, “thanks a lot, I know my salary blows”

I thought the life insurance was a month-to-month thing, but you actually pay by year (in our case).  So bye-bye $1,400.  I suppose it is a small price to pay for security.  Mike will have a 30 year policy, and mine will only be for 20 years.  I am dumb when it comes to this kind of stuff, so I asked why we couldn’t just take out policies when we are like 50.  Evidently, it is much more expensive to start a plan at that age, since you are growing closer to death.  WTF?  I guess it makes sense.  Could you imagine a 90 year old taking out a policy?  They probably wouldn’t even approve it.  We will at least be locked in to our $1,400 per year/ $1 mil benefit, and it’s not going to double as a retirement fund in the event that we don’t use it (you can end up losing a ton of money on those depending on how the money is invested, and we don’t really want to gamble with our future).

This life insurance policy also requires them to come to our HOUSE and take a blood test and urine sample.  I questioned this, of course.  “Why can’t I go to my own doctor?  I don’t want some random dude missing a vein and poking me with a needle!”  I guess it is all part of the contract though, because if you were to go to your own doctor, they could POTENTIALLY write down any results you wanted, ignoring that you might have some health issues (for a price) to make sure you pass the medical portion/ rates won’t go up before you are indeed insured.  CRAZY.

I’m so glad my husband thinks of these things, because I am a moron when it comes to financial stability most of the time.  This is all to make sure Kenzie is taken care of if we kick the bucket early.  Whatever it takes!