[scottmandue]

Before I got married I was a free spirit, my only dependents were my cats so I never thought about life insurance.

My only real big investment is in my house, my only close living relative is my brother and he is relatively well off so I thought I should do up a will leaving my house to my best friend.

Then I got married...

My wife has a daughter in college and has carried a life insurance policy $30 a month for a $250K payout (that comes to an end in (2025).

If anything happens to me my wife inherits the house and my pension.

I still don't see the need for life insurance... especially now that we are both over 50 so the quotes we are getting have rather high monthly payments.

What does the PPOT group think of life insurance fro middle agers?