Archive for July, 2010

Is it legal to take out a LIFE INSURANCE policy on a child in the UK?

Saturday, July 31st, 2010

Mellie asked: Was it legal for a mother to take out three life insurance policies on her daughter in 1990?
The three policies had a twenty year term and are due to return a dividend in 2010. Now that i am 19 and don’t live with my mother anymore, legally who does this money belong too?
Please [...]

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Is burial life insurance different from final expense life insurance?

Friday, July 30th, 2010

Diane asked: My mom has been wanting to buy burial life insurance but is confused about the terms she sees online. She says she keeps seeing the term final expense life insurance on some of the websites. Can someone explain what the difference in these two terms is?German Anness

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I’m looking in to insurance, when is whole life a good idea. I can’t find one?

Friday, July 30th, 2010

rednoids asked: I want to get life insurance and after getting quote from an agent I looked into it. I found that I would get more coverage with term for a better price. I kind of understand the savings portion but wouldn’t it make more sense to get a term policy and put the rest [...]

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Does anyone know of a good life Insurance Company without medical exams?

Friday, July 30th, 2010

dmx3254 asked: Does anyone know of a good life Insurance Company without medical exams, and one that will allow you to get back all your paid premiums at the end of the term, if there is such a thing like that? Also one that want drop you when your term comes to close just because [...]

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Who is the best life Insurance company for Permanent Insurance?

Thursday, July 29th, 2010

enriqueta Burt asked: Who is the best life Insurance company for Permanent Insurance? How about for Term?Avery Militano

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What life insurance companies accept heavy people?

Thursday, July 29th, 2010

asked: Hi;
I am an independent insurance agent in SC. I have a heavy client [6' 3", 400]. He falls outside the “build tables” of the life insurers I currently work with. He wants term.
Does anyone have any direct experience with a life insurer that will accept a client with this build?
Can anyone direct to [...]

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How much life insurance do I need? How long?

Wednesday, July 28th, 2010

Chris asked: Hi,
I am 31, married, in decent health (don’t smoke). No kids, but planning for one next year. How much life insurance do I need? Thinking about a term policy for $500,000, but not sure if I need it for 10, 20 or 30 years? Any advice much appreciated.
Annual income is the $100,000 range.
Thanks.Thomas

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How much does life insurance generally cost?

Tuesday, July 27th, 2010

sigrid cotto asked: im looking for a life insurance policy, somewhere in the neighborhood of 5,000,000, that ISN’T a term policy. in other words, when i die, however far away that is, my beneficiary gets 5 million. how much would that cost me?Kevin

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What happens to Life insurance after you stop paying?

Monday, July 26th, 2010

narun asked: In my old job I had Life Insurance, which I paid for a few years….then I quit……..(maybe 4 years ago).
What happens to the money I put in?
Can I get some of it back?
Did the insurance automatically become void once I stopped putting money into it?
In my new job I am into something similar [...]

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What type of life insurance policy does the military offer?

Sunday, July 25th, 2010

Ashley asked: I’m talking about the Army, in particular. Is it term life insurance, or permanent life insurance?
As of right now, my husband’s job doesn’t put him on the front lines. I already know how much life insurance the policy is for. I’m just trying to figure if I should get life [...]

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