My wife and I both have modest policies. Hers is through her employer and I have a whole life policy that I took out about 25 years ago. We're considering each purchasing an additional policy that would cover financial obligations should one of us pass, primarily, the goal would be to pay off the mortgage, as well as some other small debt. (roughly $150k-$200k)
We're both in great shape, non-smokers, no drugs, no risky hobbies. Is there a policy available that is a good match for our scenario and not crazy expensive? Thanks in advance.
Read more: Life Insurance For Couple Just Over 50?
