Holicent
VIP Contributor
When we are no longer young and healthy. We have to stop when the odds of us ever being sick or injured are so low that the risk of loss is so high it outweighs any savings we would gain from insuring our investments.
This is why people stop buying life insurance decades before they die. The odds of their not making it to age 80 are so slim that the risk of a lifetime payout is too great to justify the cost of buying an insurance policy. But sincerely, are you going to put an hold to your insurance coverage when you hit 70 years of age?
This is why people stop buying life insurance decades before they die. The odds of their not making it to age 80 are so slim that the risk of a lifetime payout is too great to justify the cost of buying an insurance policy. But sincerely, are you going to put an hold to your insurance coverage when you hit 70 years of age?
