Insurance

Insurance

Reliable Insurance information for whatever your insurance needs may be.

Is term life insurance better than whole life insurance ?
Someone on the radio said he didn't recommend whole life . Why is that ? I am 44 years old and am looking for around $50,000 coverage . What companies would be good for me ? Thanks for your help .

Can you borrow money against a term life insurance policy? Any information would be appreciated.?
If you can, how long would it take to receive it?

NEED a term life insurance policy with no medical?


I have terminal cancer & a mortgage & 1 term life insurance policy..I need to ask if the mortgage co can take?
..if the mortgage company can take the one term life insurance policy proceeds that I have designated for my 2 children.to pay the balance of the mortgage?...My two children are listed as the beneficiaries of my term life insurance policy.. .it is listed as a term life insurance policy...not a mortgage insurance policy .. I have one teenaged boy and one adult daughter .I live in New York state..I do not wish to leave my children with a huge debt.... about $113,000 remaining on mortgage balance .....I am wondering if I should file for bankruptcy so that I can at least leave something for my children..and by something, i mean..my term life insurance policy.. ......any ideas where to start?...and yes, I know I need to see a lawyer..but i thought i would start here to see if someone had a point of reference to start with...thank you and take care...

Does anyone know where I can get term life insurance with no exam?


Should a new term life insurance policy be in my name or the name of my revocable trust?
I am married. Both my wife and I have rev trusts. For a new term insurance policy I think I want my name to be the proposed insured, my wife as beneficiary followed by my trust as the second or contingent beneficiary. What can yo tell me?

What is the difference between term life insurance and accidental death?


Cheapest term life insurance plan in india?


Looking for free ratings of term life insurance companies?
I am trying to compare Banner, American General, Genworth Colony, Transamerica and County. How do the stack up against each other. Their prices are all similar but I want a company who financial stable.

When will term life insurance become effective?
Say I get a term life insurance for 20 years and the coverage is $500,000, and I start it today, how long will it take so that when I die, my beneficiary will get the money? Does it varies depending on the insurance company or is there a general effective date?

Could I stop paying for term life insurance if I don't need it anymore?
Hi, I'm debating between 25 year and 30 year term life insurance. Need for 30 is primarily because we still have almost 30 years of mortgage. Can I get 30 year term and then at 25 years or whenever, if we happen to pay off our mortgage early, stop paying premiums for term life insurance? Or am I required to pay for 30 years and if I don't would there be some kind of a penalty?Thank you

Cheapest term life insurance plan in india?
Any cheapest term life insurance plan in india?

Can a child purchase level term life insurance?


DO I need term life insurance again?
My wife and I have been paying our term life insurance for many years probably 20 years and one morning we decided not to renew. We messed up with our job's accidental death life insurance. We thought we covered under our company's insurance and no need to get same insurance twice. We were not think about death could come sudden.My wife unexpectedly passed away last year and was due to brain aneurysm. It was claasified as " natural death" . Now I have no term life insurance and no company accidental death insurance. Just passed 60 and all kids are grown up. Should I start my term life insurance again? Since I have no spouse to taken care off. Read from some blogs that no sense to pay life insurance to leave it to my kids, since they got my inheritance already. Getting back into life insurance, need med exam etc, am sure premium must be quite high.But someday might get marry again,will definitely need to get some insurance to take care of the new wife.Want to start this dialog and solicit some feedback. Thanks

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