Term Life Insurance-Term Life Insurance Rates

NB asked:


I’m 25 and I don’t have a family yet, but will eventually. My job is kinda stable at the moment. Should I purchase life insurance and mutual funds NOW to lock in the low price so I will build up more money in the future for my family? What are the risks?
What other options should I take, like IRA, roth IRA, 401k stuff? (I don’t know what they mean yet, if you could sum them up for me, that’d help) And what are their risks?

Sebastian Skarzynski

You T asked:


after taxes, fees, expenses, etc.

and how do someone manage to get that much in life insurance, do they actually put that much in?

Mike Mcgowen

lifeistough asked:


At good companies, we all are given life insurance packages when we are employed. Right? Now, after termination, what happens to them? If the premiums are already paid out let us say for next 10 years, can we get to keep them? It would be a lot of money. I mean as a coverage if I die or something? Or is it just some nasty trick that lasts only until I stay with that particular employer?
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You folks are awesome, thanks for answering./

Hana Eichstadt

Jennifer J asked:


Retirement, Life Insurance, stocks/bonds, Bank Accounts etc. We are in the process of a divorce and I need that information that he has kept from me. He is very controlling and has that kept confidential. I have already seen a lawyer… Isn’t there an easy way for the lawyer to request that information from him? Does my lawyer need my input so that we are sure to have ALL of the information? I’m confused. We have been married 7 years.

Mason Keding

annika s asked:


My husband and I have been advised to buy a significant amount of whole life insurance as a safe way to invest. We have just started our family and I am a little wary. I am not really sure I understand why it would be better to do this than to invest in bonds, annuities, etc. Any ideas? answers?

Jeffery Sprowls

mv07 asked:


Does anybody have any suggestions as to where I should start comparison? I noticed state farm life ins. is not “fdic insured” are all life insurance companies like that? What are some questions I should be asking?

Rick

elan asked:


Hi I would like to start in investments,what are the top rated companies in life insurance or mutual funds?which gives more profit?

Jeffery Kushlan

nothing ventured ,nothing gained asked:


i plan to buy for my personal insurance but i have no idea which one i should go for. Is that everyone of us need to have saving insurance to make life be protected?

My friend suggested me to go for the pension plan , but some of them they not agree why should i go for any insurance saving.
I have a confusion now.

Donn Polhill

breatch asked:


I’m very skeptical about a ‘friend’ trying to sell my significant other ‘investment’ life insurance as a tax reducing, long term investment. We do not have a mortgage or children, and he is 46 years old. He was looking for some investment that would reduce his tax liability. To me, this is one of the worst investments, especially in his situation, but maybe I’m missing something…

Chuck Boege

KJ asked:


And your term life insurance policy does not have an ability to convert to a permanent policy w/o going through underwriting (which now you will not qualify for coverage)?? And you die after your term policy is exhausted, will the person who gave you such advice now help your family??

Dana Sabin