Archive for July, 2009

I have term life insurance with AIG purchased 5 yrs ago. Should I cancel it and buy from another company?

Ladybug asked: I am concerned about having to pay more now that five years have passed and I am in a different age range (associated with higher rates). Is my insurance policy secure? What if AIG goes under?Caffeinated Content

Should Keep or Look into term Life Insurance Quotes?

syble asked: I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this policy [...]

Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies?

Justin asked: Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies within 15 years, and 0 for each partner who does not die within 15 years. The remaining lifetimes of the two partners are independent and each are uniformly distributed on [0, 15]. [...]

What is the “rule” for buying life insurance?

Jeff W asked: Is there a formula weighng in debt, income, etc? A 250000 policy would cover my house and bills yet my wife is stuck on buying more. Much more. Where can I get the best priced term policy?term life insurance

What does Term Life Insurance mean with no surrender value?

Sheron M asked: If I had a 15 year Term Life Insurance at $100,000. with no surrender value. What would it be at the end of 15 years. Can I collect the full amount on this type of insurance?Create a video blog

Should I be able to go back and elect short term disability on my insurance due to a life changing event?

~Ariana Elaine due Oct. 09~ asked: When I originally made my benefit elections, I didn’t sign up for short term disability. Stupid, I know, but my pregnancy was unplanned and I couldn’t think of any other reason I might need it. Hindsight is 20/20 and I would recommend taking advantage of this benefit if you [...]

What are the basic riders one should get for a 20 or 30 yr level term life policy?

mysticbubbles asked: Insurance is for 41 year old male, preferred plus category.
Also any disadvantages to working with an out of state agent? What credentials can I ask for?Create a video blog

Is there anything such as free term life insurance policy?

Mike S asked: I came across an offer of Free $100,000.00 Term Life Insurance Policy just for registering to try a new Free FOREX trading system. It requires medical exam, but at my age it would save a few thousand dollars, so I registered at www.FreedomFOREX.IntelaTRADER.com to see if it is for real or not. [...]

Is Bankfers Life & Casualty Co good company to work for?

tommy84567 asked: I just got call from them today for interview next week. I would like to know if anyone has worked for that company and what was your experience. Bankers Life is an insurance company specializing in selling term insurance,life insurace, annuitiesm medicare supplement for seniors. Looks like very legitimate company, more than Primerica [...]

Which term coverage should I choose with my Dad as beneficiary?

JerseyJeff84 asked: I’m a 23 year old, non-smoking, healthy male. I’d like to purchase term life insurance so that if anything every happens to me, my Dad(who I’d have as my primary beneficiary) would have enough to pay funeral expenses and have extra money to live on. I’m 23, he’s 54 going on 55 next [...]