My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 2020 with at least $3 million.


By Topics

Overall:
0. About (10)
1. My Progress (139)
2. Car & Home (107)
3. Credit (138)
4. Banking (33)
5. Saving (49)
6. Investing (308)
7. Taxes (89)
8. Spending (74)
9. Misc (97)
A. Archive (49)



MONTHLY ARCHIVE

Feb 2014 (3)
Jan 2014 (6)
Jan 2012 (1)
Apr 2011 (1)
Mar 2011 (1)
Feb 2011 (1)
Jan 2011 (1)
Dec 2010 (1)
Oct 2010 (1)
Sep 2010 (1)
Aug 2010 (1)
Jul 2010 (1)
Jun 2010 (1)
May 2010 (1)
Apr 2010 (1)
Mar 2010 (6)
Feb 2010 (2)
Jan 2010 (7)
Dec 2009 (3)
Feb 2009 (4)
Jan 2009 (8)
Dec 2008 (1)
Jun 2008 (2)
May 2008 (2)
Apr 2008 (5)
Feb 2008 (3)
Jan 2008 (15)
Dec 2007 (32)
Nov 2007 (6)
Oct 2007 (8)
Sep 2007 (9)
Aug 2007 (24)
Jul 2007 (2)
Jun 2007 (1)
May 2007 (3)
Apr 2007 (4)
Mar 2007 (4)
Feb 2007 (13)
Jan 2007 (6)
Dec 2006 (3)
Nov 2006 (7)
Oct 2006 (7)
Sep 2006 (6)
Aug 2006 (4)
Jul 2006 (10)
Jun 2006 (1)
May 2006 (3)
Apr 2006 (2)
Mar 2006 (6)
Feb 2006 (6)
Jan 2006 (3)
Dec 2005 (1)
Nov 2005 (9)
Oct 2005 (8)
Sep 2005 (13)
Aug 2005 (25)
Jul 2005 (16)
Jun 2005 (17)
May 2005 (19)
Apr 2005 (20)
Mar 2005 (24)
Feb 2005 (23)
Jan 2005 (36)
Dec 2004 (40)
Nov 2004 (34)
Oct 2004 (17)
Sep 2004 (21)
Aug 2004 (59)
Jul 2004 (37)
Jun 2004 (31)
May 2004 (29)
Apr 2004 (52)
Mar 2004 (49)
Feb 2004 (49)
Jan 2004 (31)
Dec 2003 (48)
Nov 2003 (52)
Oct 2003 (29)
Sep 2003 (8)
Aug 2003 (5)
Jul 2003 (2)
Jun 2003 (2)
May 2003 (5)
Apr 2003 (2)
Mar 2003 (2)
Feb 2003 (3)
Jan 2003 (29)



 

Group Life Insurance Not Always The Best

Contributed by mm | November 7, 2005 12:05 PM PST

Life insurance is almost a must-have in company benefits and most companies provide supplement life insurance that allows employees to increase coverage easily at the time of benefit enrollment. This time last year, I discussed my election for term life insurance. For the sake of convenience, I finally bought about $500,000 in supplement life insurance for both my wife and myself at about $50/$100,000 coverage/year.

Apparently I overpaid. In September and October, in anticipation of the international move and more (perceived) risk, I acquired more term life insurance from AIG. My 15-year $1,000,000 policy only costs $360/year, and my wife's 15-year $750,000 policy bears only $275/year. Of course, we are non-smokers and our excellent health and young age (~30) helped.

Now that I am moving to a new statutory company and a new set of benefits apply. For supplement life insurance through employer, the rate will be $110/year(!) for every $100,000 coverage. That's almost twice more expensive than my coverage through AIG (and not to mention the 15-year fixed-premium guarantee). I don't blame the company; I don't think they are making a profit -- the statutory company I moved to was set up specifically for Microsoft worldwide expatriates, and most of them are in 40s and 50s (and overworked through their Microsoft or pre-Microsoft career). Fortunately, this time I already have my backup plan lined up.

The lesson: if you are younger or more healthier compared to the demographics of your company, you might be well served by securing your own term life insurance policy. It will be cheaper and give you more peace of mind.

This Post Has Received 42 Comments. Share Your Opinions Too.


Mike Commented on November 7, 2005

I ran into this same problem. I switched from my employers life insurance to a 30 year term to lock in the low rate at a young age.


tmchow Commented on November 8, 2005

I'm canadian and may not stay in the USA forever -- maybe 5-10 more years. What to do for life insurance in this case?


Guest Commented on November 8, 2005

The purpose of life insurance is to protect your family (i.e replace lost income) in the event of your death.

Typically, you should purchase 5 to 7 times your annual salary in life insurance. Alternatively you can do long complex calculations to arrive at a figure as well.

If you have family (children/spouse/parents) that you support then you should carry some type of TERM life insurance. Whole life and other "investment" life insurance products are a scam and should be avoided.


drury Commented on November 11, 2005

One important point: company-sponsored life insurance plans only remain in effect for as long as you work at the company. As soon as you leave you lose that coverage in most cases. If your health has declined, just obtaining another policy could be problematic.

This is another good case for obtaining term life outside your company's plan.


Lance Commented on January 7, 2006

The thrust of mm's posting applies to other forms of company provided insurance too. After I left an awful job as an associate attorney at a small law firm, I purchased an equivalent BlueCross BlueShield PPO health insurance on my own. I now pay $194.00 per month versus $287 for a policy that is offered through the same insurer and that offers equivalent benefits.


Josephchink Commented on February 25, 2018

can you buy viagra otc in thailand
generic viagra at walmart
initial purpose of viagra
sildenafil generic
what does it take to get a viagra prescription


Geraldtiz Commented on February 28, 2018

b http://viagraivo.com viagra generic name
was ist in viagra drin
cheap generic viagra viagra and alcohol use


MedNeobremutt Commented on March 8, 2018

viagra used to treat pulmonary hypertension
http://viagrans.com/ http://viagrans.com
how to buy viagra in tijuana
buy viagra online
viagra post heart attack
http://viagrans.com
percentage of insurance companies that cover viagra


JimmyAlOla Commented on March 17, 2018

buy cheapest cialis
buy generic cialis online
order viagra cialis
buy generic cialis online
best place buy cialis online
cialis online pharmacy
cheap cialis soft tabs
cialis
cheapest brand cialis online


RandyJab Commented on March 17, 2018

adobe creative cloud installer
adobe creative cloud download
adobe draw
adobe creative
adobe manager
photoshop cs6
adobe flash player インストール
photoshop cc
adobe pdf acroiefavclient.dll


Richardfuh Commented on March 18, 2018

illustrator cs6
creative suite
cs 1.6 download
adobe creative
creative solutions
adobe photoshop lightroom
sound blaster
photoshop cs6
master collection


Richardfuh Commented on March 18, 2018

creative cloud installer
adobe creative cloud download
cs lewis
adobe creative
creative cloud files
adobe photoshop lightroom
creative suite
adobe photoshop cs5
cs6 photoshop


DanielDrevy Commented on March 19, 2018

buy levitra discount
viagra vs cialis vs levitra
buy levitra pen
generic levitra online
levitra buy australia


Robertlucky Commented on March 20, 2018

buy levitra canada
canadian pharmacy levitra
buy generic levitra 10 mg
levitra medication
levitra sale


Robertlucky Commented on March 20, 2018

buy levitra australia
levitra 20 mg
buy levitra in india
levitra bayer 20mg meilleur prix
levitra sale no prescription


MichaelEngep Commented on March 21, 2018

using viagra to get over performance anxiety
viagra for sale uk
viagra phone order
viagra for sale uk only
can buy viagra canada over counter
viagra tablet
viagra 160 mg
viagra pills
sildenafil citrate 100mg in uk


GlennGex Commented on March 21, 2018

http://ftpkol.interrait.com/trac/ssdgtrac/ticket/59275
can you get a prescription for viagra online
sample generic cialis
cheap female viagra
http://www.giovaniconnection.it/?option=com_k2&view=itemlist&task=user&id=2387873
precio cialis 20 mg farmacia
acquistare levitra generico on line
cialis 10mg vs 5mg
http://marijuanaseeds.news/How_To_Get_Levitra
el generico de la viagra
generic cialis viagra online
viagra online flashback
http://gpc.com.ec/index.php/component/k2/itemlist/user/9225
best online pharmacies buy cialis
unterschied viagra marke viagra generika
best online place to buy viagra
http://www.swagopedia.chris.phrozen-ent.net/index.php?title=Viagra_Cialis_Levitra
buy sildenafil citrate 100mg uk
cialis generico en chile
buying generic viagra india
http://israengineering.com/?option=com_k2&view=itemlist&task=user&id=588813
pink viagra pill
sildenafil citrate generic name
buy viagra online california
http://greatpeopleconsulting.com/index.php/component/k2/itemlist/user/9302
generic cialis tadalafil 20mg india
dosage cialis 20mg
uso de viagra 100mg
http://ftpkol.interrait.com/trac/ssdgtrac/ticket/59703
mejor cialis 10 mg 20 mg
where to buy viagra yahoo answers
buy brand name viagra
http://naturecare.lk/component/k2/itemlist/user/1671523
non-prescription viagra for sale
price on viagra at cvs
buy kamagra pills online
http://www.daveseppaladesign.com/?option=com_k2&view=itemlist&task=user&id=11697
cialis mail order in canada
buy viagra cialis levitra.php


Olivertrini Commented on March 21, 2018

almaximo sildenafil 50 mg que es
viagra without a doctor's prescription
can you get viagra walgreens
viagra without prescription
can i buy viagra over the counter at walmart
generic viagra 100mg
viagra online kaufen europa
generic viagra
miglior viagra generico


ThomasnoB Commented on March 21, 2018

https://wiki.ziferblat.net/wiki/Viagra_Cialis_Levitra
do viagra pill look like
cheap tadalafil 40 mg
buy cheap viagra thailand
https://www.fadriainternational.com/node/8557
there generic levitra
foglio illustrativo cialis 20 mg
cialis 5mg wirkungsweise
http://www.nileply.com/index.php/component/k2/itemlist/user/358973
cheap cialis black
where do i get viagra in bangalore
how to get viagra australia
http://www.mohr-gartenbau.de/?option=com_k2&view=itemlist&task=user&id=18072
cialis 5mg preis
price comparison viagra cialis levitra
cialis 20mg femme
http://www.supplyconceptsinc.com/?option=com_k2&view=itemlist&task=user&id=5156460
viagra online purchase
generic cialis shipped from usa
how to buy viagra online in the uk
http://www.wiki.mrmoseley.co.uk/How_Much_Does_Levitra_Cost
get prescription levitra
viagra 100mg sildenafil
get levitra free
http://mf-danilamaster.ru/?option=com_k2&view=itemlist&task=user&id=126580
online cialis order viagra
nomes dos genericos do viagra
cialis vs generic cialis
http://hmorrison.com/index.php/component/k2/itemlist/user/2574643
online cialis order
cialis cheaper than levitra
how well does generic cialis work
http://irismarvellsolutions.com/index.php/component/k2/itemlist/user/18803703
where can buy viagra in the uk
what is the cost of a viagra pill
prospecto de cialis 20 mg
http://vocational-courses.nearoff.com/component/k2/itemlist/user/5280783
buy viagra walgreens
where can i get cialis


DarrellWenry Commented on March 22, 2018

tips for buying viagra online
viagra without doctor
sildenafil citrate 25 mg tablets
viagra without a prescription
viagra men women buy
generic viagra
buy viagra in ireland
buy generic viagra online
citrato de sildenafil generico bula


Vincentdwema Commented on March 22, 2018

http://criticalmedia.space/wiki/index.php/User:JuanChirnside
cialis 20mg how to take
do you need a prescription to buy viagra in canada
can take 20mg levitra
http://pumps-spb.ru/?option=com_k2&view=itemlist&task=user&id=18587
viagra de 50mg ou 100mg
cheap authentic viagra
pills like viagra women
http://babyvipzone.ru/component/k2/itemlist/user/2896
viagra super active cheap
where can i buy viagra locally
long would 100mg viagra last
http://soebit.com/?option=com_k2&view=itemlist&task=user&id=65145
can buy viagra pharmacies
where can i buy viagra online cheap
cialis online pharmacy no prescription
http://www.startupaccess.net/index.php?title=Levitra_Online_Pharmacy
can you cut a 20mg cialis in half
buy levitra online in canada
levitra viagra online
http://ulukhar.com/index.php/component/k2/itemlist/user/1867284
cialis 20 mg 2 li tablet
viagra online in spain
buy kamagra from india online
https://yuuchuba.ga/index.php/Levitra_Coupon_3_Free_Pills
tadalafil india online
quel est prix cialis 20 mg
buy bulk cialis
http://www.zerowaste.online/index.php?title=User:CoryLangton6
buy kamagra paypal
viagra buy online forum
viagra generica entrega 24 horas
http://cx75planet.ru/wiki/index.php/Levitra_Rezeptfrei_Deutschland
how to buy generic viagra online
best place buy kamagra uk
viagra professional sale
http://188.166.42.193/index.php/Generic_Levitra_Online
viagra purple pill
cialis for sale in canada


JulianSes Commented on March 24, 2018

can i buy viagra over the counter in ireland
viagra without prescription
viagra sale over counter uk
viagra without prescription
real viagra online prescription
cheap viagra online
will viagra available generically
buy viagra online
viagra pfizer 100mg cena


DanielFuera Commented on March 25, 2018

canadian pharmacies
canadian pharmacies online prescriptions
online pharmacy reviews
legitimate canadian mail order pharmacies
buy medication without an rx
canadian pharmacies online prescriptions
canadian pharmacy online
canada pharmacies online prescriptions
priceline pharmacy
legitimate canadian mail order pharmacies
online canadian pharmacy
canadian pharmacies online prescriptions
Legitimate Online Pharmacies


RobertWag Commented on March 26, 2018

best canadian mail order pharmacies
canadian pharmacies online prescriptions
priceline pharmacy
canadian pharmacies online prescriptions
canadian pharmacies shipping to usa
canadian pharmacies online prescriptions
canada drugs
legitimate canadian mail order pharmacies
canada pharmacy online
canada pharmacies online prescriptions
fda approved canadian online pharmacies
legitimate canadian mail order pharmacies
prescription drugs online without


Henrymousa Commented on March 26, 2018

safe buy viagra online
buy generic viagra
cheap viagra uk next day
buy generic viagra
cheap viagra jelly
viagra online without script
can you buy viagra rite aid
viagra without a doctor
viagra sale new zealand


Henrymousa Commented on March 26, 2018

buy viagra ebay
generic viagra
do need prescription order viagra
generic viagra
where can i buy a viagra
viagra without a doctor's prescription
buy viagra legally uk
viagra online without script
buy viagra jakarta


Claudeliath Commented on March 26, 2018

ann summers blue pill viagra
generic viagra online
sito sicuro viagra online
buy generic viagra
generic of viagra
viagra without a doctor
viagra 100 mg sildenafil amerikan viagra demir kutu
viagra without a doctor's prescription
viagra in malaysia where to get


Stuartlex Commented on March 26, 2018

can i get pregnant if my husband uses viagra
generic viagra
viagra online kaufen erfahrungsbericht
generic viagra online
viagra online com ua
viagra without a doctor's prescription
viagra online paypal uk
viagra without a doctor prescription
viagra men price india


Stuartlex Commented on March 26, 2018

generic viagra online next day delivery
buy generic viagra
generic female viagra sildenafil citrate
generic viagra online
cialis 20mg ou viagra
viagra online without script
buying viagra street bangkok
viagra without a doctor's prescription
viagra generic online canada


Georgemot Commented on March 27, 2018

cheapest cialis au
buy cialis
cheap cialis uk suppliers
cialis online
cialis professional for sale
generic cialis
best site buy cialis
buy generic cialis online
cheap cialis one day


Claudeliath Commented on March 27, 2018

buy name brand cialis online
cialis without a doctor prescription
how can i order cialis
cialis without doctor
cialis liquid for sale
buy cialis online
cialis brand cheap
cialis
cialis order uk


Claudeliath Commented on March 27, 2018

cialis sales history
cialis without doctor
cheap generic viagra/cialis
cialis without a doctor prescription
cialis buy online uk
buy cialis
order cialis cheap
cialis coupon
cheapest canadian pharmacy for cialis


Dennistok Commented on March 29, 2018

viagra cialis price comparison
generic viagra online
farmacia venden viagra generico
buy generic viagra online
pillola viagra e simili
viagra online sales
buy cheap viagra online uk
viagra for sale uk
himalayan viagra for sale


Armandonub Commented on March 30, 2018

donde comprar tadalafil generico
best ed pills
viagra ricetta online
best ed pills
break cialis pill half
best ed pills
cialis online senza prescrizione
ed pills
should i take 10mg or 20mg of cialis


Sergioavoib Commented on March 30, 2018

cialis congestione nasale
ed pills that work
cuanto cuesta cialis generico en mexico
erectile dysfunction remedies
legal buy viagra usa
best ed pills
cialis generico doctor simi
erection pills
can you get in trouble for ordering viagra online


Bretthow Commented on March 30, 2018

vendita di viagra online
erectile dysfunction pills
hard sell the evolution of a viagra salesman by
best ed pills
viagra 50mg faz efeito
erectile dysfunction remedies
viagra generico mejor afrodisiaco
sex pills
can you take half cialis pill


TimothyBit Commented on March 30, 2018

lilly cialis 20mg preisvergleich
best ed pills
cialis filmtabletten 5mg
ed pills
what is cialis pills for
erectile dysfunction pills
juvigor sildenafil 50 mg
erection pills
viagra generico farmacie italiane


LewisEviNo Commented on April 1, 2018

generic cialis cheap online
cialis
cheap cialis without rx
cialis
legal buy generic cialis
cialis tablets
http://cialis-online-buy.surf.to
cialis tablets
buy cialis 5mg


MichaelSlush Commented on April 1, 2018

cheap cialis with prescription
cialis generic
cialis mail order pharmacy
cialis generic
cialis buy online pharmacy
buy cialis online
buy cialis nz
buy cialis
order cialis viagra


RobertJax Commented on April 2, 2018

can i get viagra in the uk
buy generic viagra
happens if take cialis viagra together
buy generic viagra
getting viagra italy
viagra pills 100 mg
viagra ice cream go sale selfridges
viagra pill
best place order viagra online


OscarZes Commented on April 2, 2018

buy viagra toronto canada
viagra tablets
buy viagra in dublin
viagra pills
buy viagra jellies
viagra for sale
where to buy viagra in la
viagra online sales
viagra buy tesco


Jamesidemo Commented on April 2, 2018

lisinopril viagra together
generic viagra
sildenafil citrate 50 mg tab
buy generic viagra
tac dung cua viagra 100mg
viagra for sale uk
venda generico viagra portugal
viagra for sale uk
does generic viagra work good


Add Your Comments










Remember personal information?




(It will take a few moments for your comment to be published. Please do not close the window until then.)


Read More ... 77 Posts In The Same Category










This page was last rebuilt at April 02, 2018 01:04 PM PST. (265 Words)
 

RSS FEED





PERSONAL FINANCE BLOGS I READ

Consumerism Commentary
Get Rich Slowly
My Money Blog
All Financial Matters
The Simple Dollar






.



Copyright 2003-2014, PFBlog.com. All Rights Reserved. (Privacy Policy)