Does anybody buy life insurance anymore?
My DH and I have carried life insurance policies on ourselves until now, our main objective was to provide for the kids in case one of both of us died. Our kids are now grown and we are re-thinking our need for life insurance. We are both 61 and insurance to cover us until age 83 is $175 a month. What sorts of things do we need to consider, age, health, will we outlast the policy?? Anything else we haven't thought considered. Not sure we need it??? Anyone have information that might help?