Life insurance - yes or no ? Funeral insurance - yes or no ?

I have neither because I don't see they are necessary and are basically a commercial scam designed to generate massive profit by exploiting fear.

Curious about your views?

This page is a permanent link to the reply below and its nested replies. See all post replies »

Jenny1234 · 56-60, F

I have life insurance. it's important to me so that if I die, my mortgage is paid and my kids have nothing to worry about. I"ve never heard of funeral insurance. what is it?

SW-User

@Jenny1234 It is like which type of burial does the person plan for and the agency will do it. It will take the extra baggage off the family.

Jenny1234 · 56-60, F

@SW-User i see. my parents did that but here they call it pre-paid funeral arrangements. My parents re-planned and pre-paid for the their funerals so that when they died, we just contacted the funeral place and all the funeral arrangements were made.

SW-User

@Jenny1234 As of now, Frankly speaking, I don't like the idea of any type of insurances. Just live as the day passes by. Everything will be taken care of. But people, because of their anxiety and unpredictable future happen to be the part of all the insurance games.

Jenny1234 · 56-60, F

@SW-User if you don't have dependents then you really don't need it. I have five kids. I need it

SW-User

@Jenny1234 Then ofcourse, you need it.
Where are you from if you don't mind?