Archive for February, 2007

I have term life insurance with AIG purchased 5 yrs ago. Should I cancel it and buy from another company?

Wednesday, February 14th, 2007

Ladybug asked: I am concerned about having to pay more now that five years have passed and I am in a different age range (associated with higher rates). Is my insurance policy secure? What if AIG goes under?Carmela Knavel

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Term life insurance and Type 2 Diabetes?

Monday, February 12th, 2007

shine asked: Ok, so I filled out one of the online forms that compare major insurance companie’s quotes for term life insurance, answering all questions honestly. What I got was at least three phone calls a day from agents on both my land line and cell phone..daily. A company called Matrix (not the [...]

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Paid term life insurance policy conversion to whole life?

Friday, February 9th, 2007

amason1226 asked: If a paid term life ins policy (virtually no cash in value) is expiring and is converted to a whole life policy..is the rolled over policy value available for cash in immediately? Or is there some type of rebuild/regathering of interest time span before it has the same face value as before?
The [...]

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