▲ 8 ▼ Daughter hit with $660,000 tax bill when both parents died in same year (www.ctvnews.ca) submitted 1 year ago by ieGod@lemmy.zip to c/personalfinancecanada@lemmy.ca 7 comments fedilink hide all child comments Seems like some life insurance could have helped mitigate the impact. That reminds me I should get some.
[+] cecilkorik@lemmy.ca 1 point 1 year ago* (2 children) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] ieGod@lemmy.zip [S] 4 points 1 year ago* (1 child) Definitely don't appreciate those accusations, that's unwarranted. Yes the math works in their favour overall. It's a statistical model spread over their entire customer base. But the point of insurance is for when the unlikely happens, that's why you have it. You hope you never need it, but it might happen. Don't tell me you don't have home/auto insurance; that'd be wild. Edit: Also, please remember the community this is. I think it's prudent to discuss how insurance fits into the overall financial picture. https://www.youtube.com/shorts/MiyapguxKbQ permalink fedilink source parent hideshow 1 child comment replies: [–] cecilkorik@lemmy.ca 4 points 1 year ago You're right, it's unwarranted. I'm just a bit frustrated with the state of the housing market, and insurance, and the whole economy really. Sorry for taking it out on you. permalink fedilink source parent
[–] ieGod@lemmy.zip [S] 4 points 1 year ago* (1 child) Definitely don't appreciate those accusations, that's unwarranted. Yes the math works in their favour overall. It's a statistical model spread over their entire customer base. But the point of insurance is for when the unlikely happens, that's why you have it. You hope you never need it, but it might happen. Don't tell me you don't have home/auto insurance; that'd be wild. Edit: Also, please remember the community this is. I think it's prudent to discuss how insurance fits into the overall financial picture. https://www.youtube.com/shorts/MiyapguxKbQ permalink fedilink source parent hideshow 1 child comment replies: [–] cecilkorik@lemmy.ca 4 points 1 year ago You're right, it's unwarranted. I'm just a bit frustrated with the state of the housing market, and insurance, and the whole economy really. Sorry for taking it out on you. permalink fedilink source parent
[–] cecilkorik@lemmy.ca 4 points 1 year ago You're right, it's unwarranted. I'm just a bit frustrated with the state of the housing market, and insurance, and the whole economy really. Sorry for taking it out on you. permalink fedilink source parent