Term Life Insurance-Term Life Insurance Rates

rem0teking asked:


looking at $500,000 and $1,000,000 policy

Phil Ganibe

Sixthofseven asked:


I already have two policies that are already paid for. But I am looking for an additional insurance policy. The agent called me and said portable insurance from my company is not that great because the premium goes up every few years but the Universal term life the premium remains the same. I can only assume this does not have a cash value. Help, Help, Help he is coming over tomorrow.

Gina

Cindy asked:


I want to buy a Term Life Ins Policy for the purpose of leaving some money for my kids once I’m gone. I am a healthy 55 yr old fem. I’m considering a $250K policy. For a 20-year term it is $59.72/mo. For a 30-term it is $198.52/mo. Let’s assume that I will live beyond the 30 yrs. At that time I will have to buy another term or convert to whole life, and most likely have to get another med exam (at age 75 or 85). Which term policy would be cheaper in the long run? I am considering a smaller policy ($100K) for 30 years at $92/mo to save money. What should I do?

Laurence Delashmit