Archive for January, 2009

Can life insurance benefits be seized to pay debts?

Saturday, January 31st, 2009

I know they're not taxed. But if my husband has debts that are in his name only that were incurred before we were married, or even while we've been married, can those companies collect payment from the benefits I would receive from his life insurance? If so, is there a ...

Is it recommended to buy whole life insurance for a child?

Friday, January 30th, 2009

A friend of mine recommended buying whole life insurance for my child. He said it was better than investing elsewhere. For example, you can get a 1 million dollar insurance which will be paid up by the time he is 18 at an annual rate of about 4500$. And this ...

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

Thursday, January 29th, 2009

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 ...

Is Hydrocodone a problem when being medically tested for universal life insurance?

Thursday, January 29th, 2009

I've been prescribed Hydrocodone for endometrial pain and only take it occasionally in the evening. I recently signed up for universal life insurance through my employer and am wondering if the Hydrocodone will be an issue as far as getting medical approval for the insurance.Timothy

how do i claim life insurance for my mother after my dad has deceased?

Thursday, January 29th, 2009

My father has 2 different life ins policies, when calling bankers life they said they need the original policy. One of the policies was over 50 years ago, no way i will find the original. Where do I turn for assistance in turning in these policies? Does ...

I’m looking for life insurance, and there are so many options?

Wednesday, January 28th, 2009

I don't know whether i should go for term life, whole life or universal life insurance. What's the difference between them? Do the benefits and terms of payout vary? I want to make sure that my husband and child are well taken care of if something were to happen to ...

Where to deposit 50k life insurance check to gain max interest?

Wednesday, January 28th, 2009

Recieved 50k check from life insurance,unsure what to invest in,until then whats the best place to deposit in to gain max interest?credit union,bank,emigrant direct,?I'm open to any suggestions.Thank YouEfren

Is LIC India Better than Kotak Mahindra,Max Life Insurance,ICICI Prudential for Life Insurance ?

Tuesday, January 27th, 2009

I need a best Life Insurance Policy which can get me some better returns with the Life risk cover.My annual salary is 1.8 lacs per annum.Chelsey

If I cash out my universal life insurance policy will I have to pay taxes on the money?

Tuesday, January 27th, 2009

I have purchased a term life policy. My universal life policy is raising each year therefore eating up my cash value unless I pay higher rates. The term life policy rate is frozen for 10 years and is worth more than the univesal policy. I want to cash out ...

How do I pay my life insurance premiums on line for Globe Life and Accident Insurance Co?

Sunday, January 25th, 2009

I don't have the website written down to Globe Insurance correctly and don't know how to get to the correct one so I can pay my bill. All I need is the website that allows me to pay my premium on lineHarold