Archive for April, 2009

Will I get caught not disclosing high blood pressure during a life insurance medical exam?

Wednesday, April 15th, 2009

Chad L asked: I am 35 and getting 1M in term insurance. I am in good shape but take high blood pressure medicationShanell Ville

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When life insurance is part of a divorce as protection for child support payments?

Wednesday, April 15th, 2009

MD asked: When life insurance is part of a divorce as protection for child support payments, what is the best type of life insurance and how do you determine the amount of life insurance needed. I was thinking term life for 15 years since both children would be 19 by that time. But [...]

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What is the best kind of life insurance to buy?

Monday, April 13th, 2009

spedteacher asked: I am 42, husband is 49. If one of us dies we want to be able to pay off a new home we are purchasing and any other major debt. I’ve seen whole life, term, level term, 10, 20, 30 year term. It’s all so confusing.Gary Farell

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Why it is cheaper for an 18 year old to buy life insurance than it is for a 40 year old?

Monday, April 13th, 2009

water yu asked: why it is cheaper for 40 year old to buy automobile insurance than it is for an 18 year old?
why some people prefer term insurance even though it does not have any cash in value? why other people prefer straight life insurance even though it is more expensive than term?
why it pay [...]

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Portable life insurance ?

Saturday, April 11th, 2009

mumof2 asked: My husband(30) and I(28) need term life insurance. My job offers portable term insurance through Prudential..It will be subsidized by the employer as long as I am employed but I have the option of carrying it with me with no subsidy though…I was thinking this would be good for us since it had [...]

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In Texas, if you sign to buy a life insurance but change your mind, can you get your money in full amount?

Friday, April 10th, 2009

Wengsky asked: Last night insurance agents are able to pressure us into buying equity index universal life insurance, this morning we realize that it is too expensive and we’d rather have term life, what can we do? It is from World Financial Group agent.Guy Kritikos

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I am looking for a life insurance. Which is better Term or VUL? I want to invest money also?

Friday, April 10th, 2009

Da Doc asked: I understand the VUL can earn money while covering your life. Is this the best or is Term better? I want tax deferring interestMax Boling

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What type of Life Insurance should my husband and I get. We are both 23 and just purchased a home?

Friday, April 10th, 2009

Speedy asked: My husband and I are both 23 years old and we just purchased a home. We have been under pressure from our Insurance Agent and our Mortgage broker to obtain Life Insurance in case something happens to one of us.
We would like to have coverage in case something happens. We are pretty [...]

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buying 20 years term life insuracne policy?

Thursday, April 9th, 2009

Avatar asked: we are overseas now but would like to buy a 20 years term life insurance policy from US……is it possible?
We will be staying here (Taiwan) for more than 5 years and the insurance there is terrible and so expensive.
I’m wondering if we are here and something happens to us - can we get [...]

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Does Life Insurance really pay? How do I find the right company to buy level term?

Wednesday, April 8th, 2009

shine_on asked: My husband doesn’t want to get life insurance, he thinks it is a waste and a scam. But if something should happen to him, me and the kids would be SOL. How do I get insurance for us? How do I know the insurance co. will actually pay if something does happen? Are [...]

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