Rox_My_Sox1
3rd Level Orange Feather
- Joined
- Nov 21, 2006
- Messages
- 2,621
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This is hard for me to type as I love both my mother and father but as much as I love them they can be stubborn as mules and as short sighted as a bat with no radar capability.
Both my Mom and Dad are almost the same age, 61 (my father) and 60 (my Mom). Both have NO LIFE INSURANCE. They firmly believe that insurance is something they (and their children [aka me and my brother]) do not need. Both of them are almost ready to retire. I have tried to convince both of them that I'm (A) - working as a secretary and have been almost all my working life and (B) - have no college degree except a pathetic bachelors in Business Management. They firmly believe I (and my brother) don't need to have something to fall back on after they are both gone. They claim I can always go back to school and earn a masters or even a doctorate (like my mother [a masters] and my father [a doctorate] did). THEY DON'T HAVE THE SLIGHTEST CLUE HOW EXPENSIVE THAT WOULD BE FOR ME! I've told them I can't afford to go to college anymore. They remain skeptical. They say they don't want to be burdened by life insurance payments. I may be living with a partner but we are already having problems making ends meet again (the price of gas and living in a brownstone near Manhattan certainly doesn't help matters at all).
I guess what I'm asking is can I sign up my parents for life insurance with ME as the beneficiary and ME making the payments without THEM knowing about it? I'm looking for reliable insurance that covers all forms of death and won't cost more than $123.00 a month. The term of the coverage needs to be at least 20 years. Anyone have any ideas or hints are where to start with this?
Both my Mom and Dad are almost the same age, 61 (my father) and 60 (my Mom). Both have NO LIFE INSURANCE. They firmly believe that insurance is something they (and their children [aka me and my brother]) do not need. Both of them are almost ready to retire. I have tried to convince both of them that I'm (A) - working as a secretary and have been almost all my working life and (B) - have no college degree except a pathetic bachelors in Business Management. They firmly believe I (and my brother) don't need to have something to fall back on after they are both gone. They claim I can always go back to school and earn a masters or even a doctorate (like my mother [a masters] and my father [a doctorate] did). THEY DON'T HAVE THE SLIGHTEST CLUE HOW EXPENSIVE THAT WOULD BE FOR ME! I've told them I can't afford to go to college anymore. They remain skeptical. They say they don't want to be burdened by life insurance payments. I may be living with a partner but we are already having problems making ends meet again (the price of gas and living in a brownstone near Manhattan certainly doesn't help matters at all).
I guess what I'm asking is can I sign up my parents for life insurance with ME as the beneficiary and ME making the payments without THEM knowing about it? I'm looking for reliable insurance that covers all forms of death and won't cost more than $123.00 a month. The term of the coverage needs to be at least 20 years. Anyone have any ideas or hints are where to start with this?
