Comments on: The Most Terrifying Talk You Need to Have Before Baby Arrives http://blog.thebump.com/2013/02/11/getting-insurance-before-baby/ The latest pregnancy, parenting and fertility news and trends from The Bump, the inside scoop on pregnancy. Fri, 24 May 2013 16:30:35 +0000 hourly 1 http://wordpress.com/ By: Sara 'Schuessler' Pettis http://blog.thebump.com/2013/02/11/getting-insurance-before-baby/#comment-12936 Thu, 21 Feb 2013 23:22:33 +0000 http://blog.thebump.com/?p=12525#comment-12936 YES, you need life insurance. Make it term, though. Whole life has to be one of the worst products out there. Here’s a decent video explaining why: https://www.youtube.com/watch?v=_-PuXJ6KgXk

Some key points:
1. Whole life is very expensive in comparison to term
2. As an “investment” it offers terrible returns
3. When you die, you only get the death benefit. So much for that great “cash value” they try to sell you on.

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