Term Life Insurance-Term Life Insurance Rates

Nicole’s Dad asked: I have a term life insurance policy with my spouse as the sole beneficiary. I wanted to know if she were to collect on that policy, are there any taxes due on the face value or would she be entitled to the full face value of the policy?Chin Sterpka

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Term Life InsuranceThe term life insurance forms the foundation of all life insurance policy. In this type of life insurance policy, the policyholder needs to pays a constant or fixed premium over a particular amount of time. Suppose if the policyholder dies within the specified period then the insurance company will pay the guaranteed money [...]

Joe asked: I am just curious, My parents are getting to the age where I have to start thinking about life insurance. They currently have none, and I was thinking of purchasing a Term life insurance plan for them, and paying it myself. Is that…possible to do? Like wouldnt I just make like say my [...]

BrooklynChk asked: If you were no longer able to work and went on short and then long term disability from your job and then you die, is your family still eligible for life insurance that you had through your employer?Jeanna Bandley

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bbq asked: here is my original question
http://answers.yahoo.com/question/index;_ylt=AloaSJ00r.VoSPxXAt2Z2jbsy6IX?qid=20070807141947AAb1AOI
very good answers and i want to explain a bit more. i am 34, my husband is 40. we dont have any retirement investments (for the most part). My concern is with term life ins that what if i get a 10, 15, or 20 yr policy - will [...]