Term Life Insurance-Term Life Insurance Rates

annika s asked:


I understand now that term life insurance is the way to go, and then open up a Roth IRA. We are going to meet with our financial adviser and I would like to do more research, hence I’m asking you: What are some other safe ways to invest our money– other than whole life. Is there something else that is safe that falls between whole life (ultra safe) and buying a bunch of risky stock (ultra risky)?

Jamie Marcott

squawcreekrentals asked:


Hi There,

I’m about to get married and have a large amount of mortgage debt (4X my income). That said, half of that is already being more than paid for by renters. I’m just wondering two things: 1) What’s the diff between whole and term life insurance? 2) Do I need life insurance, b/c my partner makes 1/5th of what i make, and if i die, I don’t want her saddled with all my debt.

If I do get life insurance, wouldn’t I want to get a type of insurance that pays me back in dividends and gives me equity, instead of every year paying money to insure my life, and to just “flush it down the drain” if i don’t die?

thanks!

Mary

trade_info asked:


People always ask about whole life vs. Term Insurance and the insurance salespeople always defend Whole life and trash Suze Orman (not a fan of her anyway)… But they fail to prove the point with real hard numbers. Show me how Whole Life beats Term with the additional premium saved being invested in a Total Stock market index fund or other no load investment at a Vanguard or other low cost provider.
BTW – I understand it very well. Financial Analyst picked up on my point in his first sentence.
I meant Financial Answer Guy, see above.

Helene Asel

Veronica K asked:


I know that the excess amount(anything over $50,000) is added to an employee pay either every pay or at the very latest, once per year. But is the actual coverage amount deducted from the employee’s pay if the employee is contributing

Stephen Granillo

mrs333luv asked:


If we are a young family of 3, with one child (1 years old) and we both are 29 years old, which is the best option for Life Insurance to purchase for myself (mom) as my employer doesn’t offer this benefit to its employees – Term, or Permanent? Don’t know if this makes a difference, but we make a decent income, but we are on a strict budget, have been trying to get things paid off over last few years and I think in another year or two we should be in much better financial situation…

Thomas Clayburn

attorneyinmichigan asked:


No I am not into eating chocolate glass cookies either.

Wynona Joa

maylene1852 asked:


im married, age 27 and interested in buying life insurance for me and hubby.
for just myself how much would my monthly be approx? im healthy dont smoke and dont want to pay too much money….
does term life give you an option of continuing on with them after the 20+ years term? would the premium go up?
i only need around 100, 000 i think. since i dont plan on dieing anytime soon but wouldnt want my family with no funeral money if i did. do my kids need any? they are 2 and 4 and i was considering the gerber life for them?
please help!

oh hubby is 27 and healthy non smoker as well

Florinda Muether