What are the best life insurance options for a veteran?

SSG Carlos Madden — Mon, 10 Jan 2022 08:31:33 -0500

Response by MSgt Private RallyPoint Member made Jan 11 at 2022 1:35 AM

MSgt Private RallyPoint Member — Tue, 11 Jan 2022 01:35:41 -0500

https://www.navymutual.org/quote?utm_source=Bing&utm_medium=PPC&utm_campaign=PPC_Bing_Veterans_Life_Insurance_Expanded_Locations&msclkid=91b7ac6a153913de25c9cdb731c91ff3

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Response by Lt Col Jim Coe made Jan 11 at 2022 12:00 PM

Lt Col Jim Coe — Tue, 11 Jan 2022 12:00:33 -0500

Many financial advisors will tell you to buy only term insurance. I’m not a financial advisor, but I have read several articles and find their primary argument persuasive. They contend the purpose of insurance is to financially protect against known or unknown risk. Insurance should not be an investment product. Other products provide better return on investment and more flexibility. I recommend discussing insurance and investments with a certified financial planner who is a fiduciary. I use Edleman Financial Engines. Very satisfied with their service.

Response by SFC Michael Hasbun made Sep 19 at 2022 2:07 PM

SFC Michael Hasbun — Mon, 19 Sep 2022 14:07:14 -0400

My VGLI is $140 every three months for 300,000 coverage.
Not terrible.