Term Life Insurance-Term Life Insurance Rates

Sugar Ray asked:


My husband is planning to start driving a cab in the next few months. I have life insurance that my mother pays on, but we want to start a policy with a good company for my husband that is whole life, any recommendations?

Geraldo Kotera

Eliezer Freeman asked:


We recently found out we are expecting a baby and need to open a life insurance policy in case something would happen to him so we’d be taken care of. We have insurance that is paid for by his employer. How do we go about getting life insurance? Is it added to our existing medical insurance, or can we get it separately?

Lance Bothof

asked:


It would be just the same constitutionally. To me, I think having a gun is a very good insurance purchase for anyone’s safety.
So, should both the purchase of life insurance and the purchase of safety insurance both be forced upon the American public to purchase?

Logan

robbyn asked:


Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?

I have tried to do some research on my own, but I still can’t seem to fully understand this matter. Any help will be greatly appreciated!

Cornell Kondratowicz

asked:


I have seen around the internet that the maximum term life insurance policy allowed for a person in their 20s is usually 20 times their income. However, I was wondering if there are any policies that take into account the combined household income. If a husband and wife both make $40,000 a year, are they entitled to a policy that is based on $80,000 of combined income, or are all policies handled on an individual basis?

Ping Manring