It is a confusing marketplace in Japan. It seems everyone under the sun sells insurance, and often these products come with low-return investment vehicles tacked on.
What do we want/need? -> Term- insurance. We just want to have coverage until our children reach adult age. (20 years).
Question? What is the sweet spot for insurance?
We are looking at insurance through my wives' work. (She is a government worker.)
Principle (My wife) - 1000万- Month (35/40 = 1112)
Spouse (Me) - 800万 - Month (30-35 = 900 Yen)
That is the MAX for spousal payout, but the principle can go all the way up to 6000万。
It is difficult to decide on an amount... i
Does anyone have insight? I am sure someone here sells insurance!
![Laughing :lol:](./images/smilies/icon_lol.gif)