Archive for June, 2008

Does anybody else have the type of life insurance that pays you back if you don’t die?

Wednesday, June 25th, 2008

aelp asked: Both my husband and I pay monthly premiums for a “term” life insurance plan that expires in 20 years. We pay a little bit higher premium I believe but then at the end of the term, if we don’t die, we get that money back.
We are 25 years old, so our premiums [...]

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Should I purchase Term Insurance not Whole Life and invest the difference?

Friday, June 20th, 2008

cristanine asked: Whole life cost more, but with Term I could cut that in half and invest the other portion of the payment…it’s a good idea eh?
The anwers from my question has been overwhelming and I thank all of you who have tossed in their twop cents worth million dollar knowledge. Thanks…AlBrett

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Where can I find affordable life insurance for sr citizen in-laws?

Tuesday, June 17th, 2008

arklatexrat asked: I read a previous thread suggesting MediCare, but I am not talking about HEALTH insurance. They only have term life insurance tied to current job, and they need to retire. They have no burial policy, and each is worried about leaving the other with burial expenses and debts. I have [...]

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Term Life Insurance: Why It’s the Most Preferred Choice

Friday, June 6th, 2008

Life insurance can be of two types-whole life insurance and term life insurance. As the name suggests, whole life insurance covers the whole life, as long as the policy is held and is beneficial only on the demise of the policy holder. Obviously, the benefits of whole life policy depend upon the value of the [...]

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