Military Insurance: 250,000 is not enough....

First of all i'll like to say that: I don't want to sound like you are making money off of someone dying, but at least if you want your loved ones be taken well care off when you pass away, do it right....

Military Insurance: 250,000 is not enough (I am not critizing i am trying to help): I may be dislike for this decision, but i believe the military should increase the Insurance to military families if in case something happens to the military person...Right now the most insurance you can take out if in case something happens to you in the military is 250,000 but i think they should pay more than thatñ is not enough...I believe it should pay up to 750,000 dollars even if this mean taking out 60 dollars out of your paycheck...You know you have to take into consideration that when something happens to the military person, the household member with the most economically power is gone and the mother is left with 2 and 3 kids and they have to put those kids in college, raise them...Not only should the U.S do this but every military from the G7 countries should do this except China if in fact China is part of the G7 (Up to this day i don't know on whose side is China)...And i am sure that the U.S Military can come up with its own Insurance company instead of relying on a outside insurance company...And i just thought of something...It should be mandatory if you are in the military...I believe it should start from 750,000 dollars...The only problem is that the military families would not get completely those 750,000 dollars but instead they will get half of it because of taxes and i mean that they should get completely 750,000 dollars, specially if the military person is planning to retire from the military...And it should be according to how many kids a military family has, i don't know i am giving you an idea where you can elaborate...If it means paying or deducting 70 dollars from your paycheck so beat it....

And you see you can create an Insurance Company for Military personal and police officers, and swat team, national police force (which is different from a police officer, kind of like what Irak has today)...Not only from the the U.S.A but from the G7 countries's military and police officers...If they have to pay a high price so beat it...All with the same high amount of money option..

I even got a BETTER IDEA FOR THE MILITARY...Why not increase the insurance money from 750,000 dollars to 1 million dollars (1 million dollars left after taxes are taken out) (specially for G7 countries except the U.S because the U.S takes 50% in taxes) and let that 1 million dollars be put in the bank forever and the interest earned from that 1 million dollars be the money collected from the military spouse or family for the rest of her/their life and is even better...Let's assume a spouse got that 1 million dollars and it was automatically put in the bank forever at 6% earned interest...That spouses is going to collect 6% or 5.5% earned interest (which is 55,000 to 60,000 dollars a year) from that 1 million dollars for the rest of her life...When she dies she can transfer that money (those 1 million dollars placed in the bank at earned interest) to someone else in the family...And these 1 million dollars can go to raising the great grandkids of the member perished in the military...I believe this is better this way than to give 750,000 dollars to the spouse or victim of the military fatality...At 5.5% or 6% earned interest the spouse or victim will in 16 years make more than 1 million dollars...And the good thing is that at 5.5% or 6% earned interest the spouse, mother or victim will be taken care for the rest of her life and for her grandkids just if in case some unexpected event was to happened like getting laid off of work.....I first said that excluding the U.S but i'll like to include the U.S just that i think the U.S military will have to pay a lot more than 1 million dollar for the family to get 1 million dollars after taxes are taken out)....And you see letting the 1 million dollars automaticallay go to a bank and let it earn interest FOREVER at 5.5% or 6% is like giving the spouse a job that pays 26 dollars and hour, but better...Why better? because when you have an job when you retire you don't get those 55,000 up to 60,000 dollars a year or 4,000 dollars a month, you probably get 1,000 a month, or you must open a 401K to be set for retirement hoping that you get enough money to pay for medications when you are an elder and after that person dies, the money stops and everything else dies there....But WITH THIS PLAN THE MONEY CONTINUES...AND IT SHOULD BE MANDATORY IN THE MILITARY AND LAW ENFORCEMENT AND EVERYTHING RELATED...And banks will give you 5.5% up to 6% if you put the 1 millions for 20 years but if you set it forever they (the bank) probably give you something like 6.5% up to 7% which i am speculating...And that 7% is 65,000 dollars up to 70,000 dollars A YEAR...All taken care off for the rest of her life and that taken care off can be transferred...

And i know it can be so because the G7 countries MILITARY and specially the U.S MILITARY CAN MAKE IT HAPPEN...The only problem with this is that it doesn´t take into account the value of currency/money through out the years...YOu know 1 dollar now is not worth the same that it did 40 years ago or 60 years ago...Just hope that 1 dollar has the same value now and 50 years from now and 100 years from now...What i am saying is "if the U.S MILITARY can give you 40,000 dollars for college for serving 5 years, i am sure it can make the bank give you 6.5% up to 7% for the 1 million dollars..And they probably wouldn't have to make the bank give them 6.5% to 7%...The bank itself probably give you 6.5% to 7% Why? FIRST, you are placing the 1 million dollars in the bank FOREVER...I've been told certain banks will give you 6%, no more than that...And if you are placing the money FOREVER, and not for 10 years or 20 years YOU CONSEQUENTLY OUGHT TO GET A BETTER DEAL...Or how about if the military places the 1 million dollars in the bank for 50 years and THEN AUTOMATICALLY RENEWS IT...Not only that but if the military IS PLACING ENTIRE MILITARY on the INSURANCE, and make it MANDATORY FOR THE ENTIRE MILITARY and LAW ENFORCEMENT AND SIMILAR Agencies/Institutions, THEY OUGHT TO GET A BETTER DEAL more than 6% perhaps something like 6.5% or 7% BECAUSE OF QUANTITY...6.5% earned interest is 65,000 dollars and 7% is 70,000 dollars EVERY YEAR FOREVER...With that i am sure you can place 3 out of 5 kids in ELITE UNIVERSITIES/COLLEGES and the 2 other kids in regular universities/colleges (I am sure this will make the person that passed away proud)..(I'll like to stress that University is a little different than college) if you start saving from when they are young..I think they got something called a COLLEGE FUND...All i need now is for someone to spread this to the U.S military and the G7 countries military and their respective law enforcement...To tell this to them...

You will have to talk to the bank so it will give/award the family the 65,000 or 70,000 or 60,000 dollars money each week of the year or each month of the year...Because as you may know you may get 60,000 dollars from the bank on earned interest but they only give it to you each bimester or 3 times a year...

And for example if a spouse get those 65,000 or 70,000 dollars compensation, she can continue to work adding more money to the net total....For instance if the spouse gets 70,000 dollars and she works and gets 30,000 dollars, she would have 100,000 dollars net total increasing the revenue to help the kids...And if you laugh at this idea there are more crazy ideas out there that people even mention and that i hear...

I don't want to sound like you are making money off of someone dying, but at least if you want your loved ones be taken well care off when you pass away, do it right....

Another thing that will make the U.S Military Great: Again i may be critized by this, but i am going to say it because i think it will make the U.S Military great....You know how if you enlist in the Army or the Navy for 5 years they award you with 25,000 to 40,000 dollars for college...But if you plan to enlist in the Army or Navy for 20 or 30 years (basically retire from it) you only get 40,000 dollars for college ONCE and it is transferrable...I think they should set it up where if you plan to stay 20 years you can get 4 times those 40,000 dollars for college and that they should be transferrable to your kids....If you stay 25 or 30 years you should get 5 time or 6 times those 40,000 dollars for college...I don't mean 4 times the amount of 40,000 dollars...I mean 4 different 40,000 dollars each transferrable for each of your 4 different kids or however you may have depending on how long you retire...I don't know what this is not so....And if they can't afford 40,000 dollars and only 25,000 dollars so beat it...Military from the G7 countries except China should follow this example...

To be continued...