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Once your kids are grown and you know that you're completely healthy, consider canceling your life insurance policy.

If there is anyone dependent on your income - parents, children, relatives - you need life insurance.

My wife bought an extra life insurance policy on me.

If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.

I don't remember my life before I had children.

For many years I didn't have health insurance.

I was told when I went for a life-insurance exam when I was 18 that I was not likely to live past 50, so I refused to pay the premium.

I don't want to know I'm getting older. Then I'll start to think about getting checkups and insurance. I don't want that.

I bought an insurance policy covering the inheritance tax my kids will have to pay when we die, which I thought was a good bit of forward thinking. And I always know I'm going to have enough for tax because I make sure I keep it back in my business account.

Fun is like life insurance; the older you get, the more it costs.