Worth it? Not?
For the level of cover I'm looking at at age 58, if I make it to age 73, any further premiums paid after that stay with the insurer. They are betting that I will live past 73. Getting Funeral insurance means I'm betting I won't live that long. I am in good health and have been tested for the usual things. My male ancestors generally lived into their 80s and 90s.
A resource. https://www.stuff.co.nz/business/808...sumer-NZ-warns
What I'm looking at doing is putting the equivalent of the premium payments into an account of my own with the kids' names on it and managing it that way.
Discuss.
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