Monday, April 6th, 2009
I'm really confused by all this insurance biz. What I'd really like to know is whether I'd be losing out alot by cashing in my whole life policy that I've had since 1985. The total death benefit is about $12,400. The cash value is $2400 which I ...
Posted in Life Insurance | 2 Comments »
Friday, January 30th, 2009
A friend of mine recommended buying whole life insurance for my child. He said it was better than investing elsewhere. For example, you can get a 1 million dollar insurance which will be paid up by the time he is 18 at an annual rate of about 4500$. And this ...
Posted in Life Insurance | 9 Comments »
Tuesday, January 20th, 2009
I've dedicated much of the past month researching life insurance. A metlife rep swears whole life is the best thing since "sliced bread" and has dedicated much of her time selling it to me. All of my research indicates to "Buy term and invest the difference" which is what I ...
Posted in Life Insurance | 7 Comments »
Wednesday, December 17th, 2008
My whole life insurance statement reflects that my cash value is $49K. Can I borrow that amount or just a portion? Do any previous loans need to be subtracted from the cash value reflected?Ayako
Posted in Life Insurance | 4 Comments »
Wednesday, December 17th, 2008
I am 30 yrs old. My whole life policy is less that five years old and I feel it is breaking my bank to pay monthly. It is 50k and I also have term for 500k. Why cant I drop that expensive WL policy and invest that monthly cost into ...
Posted in Life Insurance | 9 Comments »
Friday, December 12th, 2008
I f he needs life insurance, which is a better pick, a term life insurance or a participating whole life insurance since premiums are very cheap and he can have her plans paid up in a short period of time using self liquidating option?Denny
Posted in Life Insurance | 19 Comments »
Thursday, December 4th, 2008
im in my early twenties and im looking for life insurance outside of my job. i want to know if you sign up for term life insurance and the term is up what happens with the money you've paid? or is it just better to sign up for whole life ...
Posted in Life Insurance | 9 Comments »
Saturday, November 29th, 2008
My whole life insurance statement reflects that my cash value is $49K. Can I borrow that amount or just a portion? Do any previous loans need to be subtracted from the cash value reflected?Melinda
Posted in Life Insurance | 4 Comments »
Wednesday, November 19th, 2008
Is Life Insurance considered an asset or liability? It would be my own policy under my name and I pay the premium every month. Please explain why.
It is whole life insurance, not term.Hana
Posted in Life Insurance | 4 Comments »
Monday, October 13th, 2008
One company would charge nearly $30 a month, another only $7 and I asked for the same amount of whole life insurance at my current age. What makes the more expensive one better - and is it better if you're really covering yourself for same basic fees and services. Could ...
Posted in Life Insurance | 4 Comments »