One of the things I always here when bashing this organization, is they end up charging you every month the full amount allowed ($28)
This is a screenshot of last years charges on my CC
Mods this should be moved from Obama care to life insurance
And if they did charge $28 every month, would that be a reason to bash them?
Does anyone have a problem giving $28 in צדקה every month? How about giving צדקה to support a family that had a tragedy in a most dignified way? How about if when you do so, you know that someone else will actually try to help your family financially if something happens to you prematurely?
$28 a month might get someone a $1,000,000 10 year term policy, if the person qualifies for best rates (perfect health, clean driving record, no smoking). That will hold true for a 25 year old, for a 35 year old, or for a 40 year old. However, once a person doesn't qualify for best rates, or if one looks at a policy that is level for more than 10 years, forget about getting $1,000,000 of coverage for $28 or less.
Now I know that Areivim won't give $1,000,000 (except if there is R"L a death with 9 unmarried orphans and a widow), but looking at everything in balance and perspective, I don't see anything wrong with Areivim, and to quote from their website: "
4) Areivim USA is not life insurance. Areivim USA has been established primarily as a charitable endeavor and its halachic status is like that of all tzedakah money collected from the public. In the event of a the passing of a member r”l, all contributions can be made with maaser money."