biometrics
Well-Known Member
- Joined
- Oct 17, 2019
- Messages
- 20,365
So I've had a Liberty life insurance policy for 20 years. It has some terminal health and dread disease benefits too.
But I am asking myself why?
In the past I believed that the bank wants it for a bond but it doesn't seem like that anymore.
I am single with no children and the idea of leaving behind an inheritance to my housemate, brother and sister seemed like an altruistic idea for a long time.
Recently, when my salary was reduced due to company troubles, my sister and brother didn't care. That makes me question why I contribute to family expenses and why they are beneficiaries of my will. I am not of theirs.
It's become a significant portion of my budget.
I thought to halve it and only keep my housemate as a beneficiary, but she is annoying me currently...
Thoughts? Cancel?
Edit: If I cancel I get three years' payments back.
But I am asking myself why?
In the past I believed that the bank wants it for a bond but it doesn't seem like that anymore.
I am single with no children and the idea of leaving behind an inheritance to my housemate, brother and sister seemed like an altruistic idea for a long time.
Recently, when my salary was reduced due to company troubles, my sister and brother didn't care. That makes me question why I contribute to family expenses and why they are beneficiaries of my will. I am not of theirs.
It's become a significant portion of my budget.
I thought to halve it and only keep my housemate as a beneficiary, but she is annoying me currently...
Thoughts? Cancel?
Edit: If I cancel I get three years' payments back.