Term Life Insurance-Term Life Insurance Rates

Clara C asked:


I know it’s a horrible question, so I can do without the moral judgements.

My husband thinks that everything his family tells him is 100% truth. Without divulging any specifics, one of the current situations that causes angst between us is his mother’s claim to be broke, which his brother attests to. His brother who was given power of attorney to be and for his mother in the event she was ever unable to make decisions of any sort…medically and financially…A decision that was made and executed over 10 years ago without the courtesy of ever telling my husband.(we found the document included in some other forms given to us by my mother-in-law).

I explain that, as 1 of many examples of the secretive manner in which my husband has been excluded from important legal changes and an accurate understanding of his families estate.

My father-in-law who passed approximately 3 1/2 years ago was a veteran and prisonor of war in WW2 and to the best of my knowledge had a term life insurance policy that he had from the age 40 until his death at 80.

No mention was ever made to the policy and there have been recent claims that she is broke. He was laid to rest at Arlington, which incurred no cost to the family. In addition, during this same period in time she was the executor of a friends estate who had no living relatives and no will(a wealthy man) and sold a rental home for a considerable profit.

I would like to prove to my husband that her financial distress is invalid and find information regarding his fathers life insurance policy.

I’m not a bad person, I just want my husband to open his eyes!!!
Dear Spock- Thank you for your eloquent, concise and complete answer. It is true that his eyes aren’t going to be opened with ease, that is why I was looking for some proof documenting the impossibility of her claim. Any other avenues you know of that are public record that will somehow help in convincing him that he is in the dark regarding her financial standing? I’m all ears!

Melaine Vanveldhuize

brock785topeka asked:


I just started my new job about a month ago, and they give me a hand book, and i was reading about there life insurance, will this what it says

1.separated employees covered by our company’s group term life insurance will be provided with notices regarding options to continue or convert their term life insurance coverage. appropriate paperwork must be signed and submitted to the insurance carrier directly within 30 days on employment termination. if you are interested in continuing or converting you life insurance, You should contact your local branch office or the WOC Benefits Department

2. life insurance, Securitas usa provides group term life insurance in the amount of $5,000 for all full-time(30 hours or more per week)security officers, who have been employed for more then 90 days. (i work 47 hours a week)

3. so what does this all mean, what after 90 days i can cash in my life insurance
yes i passed high school

Sophie Linch

whaas11 asked:


Anyone have a good source or strategy for getting level term life insurance from a good solid company?

I’ve had several agents quote me but they seem high compared to prices that my colleagues have attained. They all seem to shy away from the basic level term life insurance and push multiple riders…its obvious they are trying to maximize their commissions.

I’ve considered using a fee-only insurance advisor but the only local one I’ve found is $300 an hour.

Courtney

Tim D asked:


Probably need around $200,000 in coverage for a 36-year-old male.

Collette Sylva

Henry 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 there ways to write the policy so to protect us better?

Kristen

defunct00 asked:


Just trying to weigh the benefits….

Bobbie Rabun

Dave asked:


I’m a 29 year old smoker otherwise in great health

Steve

Meg asked:


I’m looking at the Gerber term-life insurance, if that makes any difference.

Major Malkin

phenom212 asked:


I’m a healthy 22 year old and have applied for life insurance. I was quoted at 55.00/month for Term Life Insurance at 30 years (1million dollar policy). I have also received a quote for Return of Premium for 30 years at 87.00/month. With such little difference in premium, should I go for ROP so I can recoup all of my money when I’m 52 or just stick with term and invest the 32 dollar difference into a HY Savings account or into my Def. Comp/IRA?

I am obtaining this policy due to my involvement in law enforcement and excessive student loans. (*just as an FYI to those inquiring below)

Rodney Sypolt

temporos asked:


The benefits guy at work keeps telling me that I need to sign on to the company’s term life insurance plan. I’ve told him repeatedly that I don’t have a family, and I know of no one to whom I’d leave my possessions or money. However, he still insists that I need the coverage. For what reason would I need coverage under these circumstances?
Everyone is missing the point. If you’re dead, then why care if you have unpaid bills. You’re dead. Burying you or throwing you in a ditch will make little difference to you at that point. They can’t take from my family’s assets, because I have no family, and it’s not as if I’ll need my assets anymore after the fact. With this in-mind, now answer the question.

Tiffanie Lamoree