Term Life Insurance-Term Life Insurance Rates

texker asked:


Stocks have a down side. Real estate may also have a downside, along with liquidty. Investment grade life insurance has limits.

Moshe Able

Mike B asked:


My insurance company has told me that over $6000 of the value will be taxable. I’ve had the policy for 20+ yrs and am hoping that the $6k is taxed at the LOWER long term capital gains rate – not as normal income, which is almost twice as much.

Ezra Derian

Mark R asked:


We are both non smokers 29 (male) and 25 (Female) we want a 30 year term life for 250K each. No signficant health issues and we would fall under the “standard” category most likely. How much should we be prepared to pay a month?

Jarrod Celentano

stillunderpaid asked:


Also, what is a reasonable amount to have for both? I originally just wanted a whole life policy to cover funeral expenses etc just in case something happens to avoid burdening my family, but maybe I should try to get more while I’m young to save money, and also so my family will have money left over. I plan to live a long life, but ya never know.

Devorah Beau

MidnightEnigma asked:


i wanna get a headstart on how this business works to impress my boss, any website that could help me learn?

Nichol Malec

DrewS asked:


I want to get a 30-year term life insurance. How I understand it, you pay the same monthly payment, no matter what, for 30 years. If you die, you get the money; if not, then you don’t. I live in colorado, and I hear insurance is more expensive here. I’m thinking about moving soon. Mabybe Cali or something. Should I wait to buy? Because I would be saving a lot of money if there where a $5 difference in monthly payments. Or will the insurance go down when I move?
I’m 20 now. Just looking for something so my wife won’t have to worry about money. No kids (yet). Oh I don’t borrow money, I was just using that as an example.

Scott Taps

Mommy…LT asked:


and they sell a term policy to a customer that’s about 600K, how much would that agent make off of that sale?

Yetta Minger

sweden asked:


why level term life?

Leeanne Cajucom

Ryan P asked:


My financial advisor advised me to sign up for a $400+/yr term plan (20 yrs I believe) and a $1100+/yr perm (whole life) policy for $300,000. (I don’t recall which one this figure is for). I read that term is much better and is actually much cheaper than even the figure my advisor quoted me.

As little detail as I provided, and my goals in life are pretty average (e.g., nothing special!), do I need both policies or should I only get term?

On another note, what upset me with them is that our new planners didn’t even give us time to think about what we wanted before shoving papers in our faces.

So, are they right or wrong for selling us both these policies for a 24 y/o married couple (I’m 24, she’s 23).

…and, should I keep my financial advisor?

Thanks!
BTW, my wife works full-time as well and plans to continue after having kids (and of course taking some time off), so she won’t be jobless her entire life.

Major Eilertson

Scott asked:


I am thinking of buying a Term life insurance policy from my Northwestern Mutual agent and am curious what they make on the policy.

Cristobal Ekstrum