Archive for June, 2006

What are some safe ways to invest other than whole life insurance?

Friday, June 30th, 2006

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– [...]

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Do I need life insurance? Whole or term?

Thursday, June 22nd, 2006

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 [...]

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Whole Life vs. Term Insurance?

Saturday, June 10th, 2006

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 [...]

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Is group term life insurance treated as a normal benefit deduction until it reaches $50,000?

Friday, June 9th, 2006

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 contributingStephen Granillo

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Life insurance - Term or Permanent?

Tuesday, June 6th, 2006

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 [...]

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What is the typical cost of a $2m life insurance policy term, premium non-nicotine user?

Sunday, June 4th, 2006

attorneyinmichigan asked: No I am not into eating chocolate glass cookies either.Wynona Joa

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how much for term life insurance? compared to whole life?

Saturday, June 3rd, 2006

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 [...]

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