Archive for July, 2010
July 16th, 2010 | 
Author: 
bradys_mommy asked:
We are switching from Universal Life to Term and are going to surrender the policy, but the value is pretty high. Are we going to have to pay taxes on this?
Shawnta Montan
We are switching from Universal Life to Term and are going to surrender the policy, but the value is pretty high. Are we going to have to pay taxes on this?
Shawnta Montan
asked:
My sister is disabled and is looking to buy life insurance, is it better for her to buy term or whole life. She can get some policies that will cover her, but not for what she has
I apologize for not giving enough details. She would have a life partner left , she is also worried about her funeral and what it would cost. I appreicate all the asnwers so far and they really have us thinking. She did get a quote of $39 a month for term which is through the Catholic Church she belongs to. They guarantee the premium will never go up, Can they do that? and it also has a $3500 cash value at the end, which is about 1/3 of what would be paid in. I realize in the long run, it would be better for her to save the monye, but she is worried if something would happen from now to 5 years from now. Also the term would be from now, she is 48 until she was 70.
Travis Howry
My sister is disabled and is looking to buy life insurance, is it better for her to buy term or whole life. She can get some policies that will cover her, but not for what she has
I apologize for not giving enough details. She would have a life partner left , she is also worried about her funeral and what it would cost. I appreicate all the asnwers so far and they really have us thinking. She did get a quote of $39 a month for term which is through the Catholic Church she belongs to. They guarantee the premium will never go up, Can they do that? and it also has a $3500 cash value at the end, which is about 1/3 of what would be paid in. I realize in the long run, it would be better for her to save the monye, but she is worried if something would happen from now to 5 years from now. Also the term would be from now, she is 48 until she was 70.
Travis Howry
lucstudent asked:
I know their fees are ridiculously high and their returns aren’t anything special. I feel that it’s smarter to buy term life insurance and invest in no load mutual funds versus putting money somewhere that charges fees for everything.
Rashad Mcgillivray
I know their fees are ridiculously high and their returns aren’t anything special. I feel that it’s smarter to buy term life insurance and invest in no load mutual funds versus putting money somewhere that charges fees for everything.
Rashad Mcgillivray
Jorge asked:
I want to buy a 30 years fixed term life insurance. Where can I buy the policy not spending lots of money?
Gennie Lanfear
I want to buy a 30 years fixed term life insurance. Where can I buy the policy not spending lots of money?
Gennie Lanfear
Posted in Toys | 
Tags: Term Insurance, Term Life Insurance, Term Life Insurance Policy | 
1 Comment »
honestspeaking asked:
My daughter’s father family does not acknowledge her even though they know of her and the father does not even talk to her. He also has two other kids. I told him I wanted to get a life insurance policy just for her on him in case something happens to him she doesn’t have to be without, I figure that’s the least he could do since he is in the arrears for child support. He wants a 250,000, and I told him no I want atleast a million because you have done nothing for her which she is 12. Should I get term or life.
Jennell Dolder
My daughter’s father family does not acknowledge her even though they know of her and the father does not even talk to her. He also has two other kids. I told him I wanted to get a life insurance policy just for her on him in case something happens to him she doesn’t have to be without, I figure that’s the least he could do since he is in the arrears for child support. He wants a 250,000, and I told him no I want atleast a million because you have done nothing for her which she is 12. Should I get term or life.
Jennell Dolder