Hey All:
I am pretty sure I know the answer, but want to get feedback from the group.
A few years ago I invested in a few different insurance policies that I am pretty sure I do not need.
Whole Life
Critical Illness
Accident
Disability
I know I do not need the Whole Life. I plan on dropping it later this year when there is a jump in the payout. The others do not have any payout if you drop the insurance.
The critical illness is coverage if you have a major illness - heart attack, stroke, cancer
I originally got this because I have had melenoma in the past. But I really think it is just money down the drain.
Accident well I have no good excuse for it.
The one I would keep is the disability.
Here is a link to the company the policies are through
http://www.familysecurityplan.com/Is there any reason I should keep these policies?