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The Watercooler
The sick man who let his baby die in hot car
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<blockquote data-quote="Nomad" data-source="post: 630080" data-attributes="member: 4152"><p>I don't know much of this story since I haven't been watching the news much lately. However, re: life insurance on a baby...I can address this a little.</p><p></p><p>My daughter in law's family did this. It was unfamiliar to me. They took out inexpensive life insurance policies on both their children when they were babies. Now, that they are adults and married, they cashed them out and gave them the money.Our son and his wife used that money to refinance the house at a much lower rate. I had never heard of such a thing. Anyway, this was their plan all along. I guess if their child had died , they would have used the money for funeral expenses and perhaps something else. Retirement? But, since that didn't happen, they cashed it in and gave it as a fairly large gift to their children and their spouses when they married. Very foreign to me, but apparently not to some. I DEFINITELY got the impression this was some family routine.????</p><p></p><p>NOT saying this case being discussed here isn't peculiar and very suspicious, but I am saying folks apparently do buy life insurance on their babies as some kind of savings plan ?..?..?</p></blockquote><p></p>
[QUOTE="Nomad, post: 630080, member: 4152"] I don't know much of this story since I haven't been watching the news much lately. However, re: life insurance on a baby...I can address this a little. My daughter in law's family did this. It was unfamiliar to me. They took out inexpensive life insurance policies on both their children when they were babies. Now, that they are adults and married, they cashed them out and gave them the money.Our son and his wife used that money to refinance the house at a much lower rate. I had never heard of such a thing. Anyway, this was their plan all along. I guess if their child had died , they would have used the money for funeral expenses and perhaps something else. Retirement? But, since that didn't happen, they cashed it in and gave it as a fairly large gift to their children and their spouses when they married. Very foreign to me, but apparently not to some. I DEFINITELY got the impression this was some family routine.???? NOT saying this case being discussed here isn't peculiar and very suspicious, but I am saying folks apparently do buy life insurance on their babies as some kind of savings plan ?..?..? [/QUOTE]
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The sick man who let his baby die in hot car
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