No. of Recommendations: 0
I'm in the process of updating my life insurance policy. I have two young daughters and many aspirations. Currently, I have a $1 mil. ten year term policy, but I think I need at least $2-3mil. Our morgage is for $450K and my student loans add to around $150k. My question concerns the student loans. I have heard that if I die before paying them off, the loans would die as well and my estate would not be responsible. This of course would influence how much life insurance I need to obtain. Has anyone with student loans come up with this situation?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.