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Why do individuals get life insurance, when that person gets either poisoned or murdered by relatives?


What's the point of getting life insurance i don't get, since i read a lot of cases involving deaths with those who had life insurance n wanted to get money as a result. Does anyone see the motive in getting life insurance, i sure wouldn't get one, i would be scared for my life n would worry if someone is gonna scam me in someway!!

Do you not trust your significant other/children/parents enough? Only the person you name as the beneficiary can benefit from your policy after you die. Don't name someone you don't trust.

Whole life, universal life, and variable life steals your cash value when you die. And if you want to use it, you have to borrow it and owe 5-8% interest on it!

Buy Term And invest the difference into Traditional/Roth IRA, both grow tax-deferred and have higher rate of return than cash value! Report It

The murderer wont be able to collect on a policy of any kind.

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