Term Life Insurance-Term Life Insurance Rates

Where’s my scooby snack? asked:


My husband died two years ago and I inherited his life insurance. The money is slowly dwindling.

I think he had one out on me as well. Is there any way to cash out on my own life insurance policy?

Clint Mcgrain

changa_0326 asked:


I currently have (variable) life insurance for my 2 children and now I’m wondering what is the reason for this. Chidren don’t provide an income that needs replacement and (for me at least) the money won’t do any good for the loss of life.
One additional point: I also have 529 College Savings plans for my children.

Owen Menedez

Frakin BSG Fan asked:


Is Life Insurance considered an asset or liability? It would be my own policy under my name and I pay the premium every month. Please explain why.
It is whole life insurance, not term.

Lelia Copus

Kronk asked:


The deceased has no funds or estate. The state will cremate her because of this. Is the beneficiary of the life insurance policy responsible to report to the state that there is a life insurance policy.

Irwin Timchula

Me asked:


WOW!! I was just dealt a low blow. My husband and I thought he had a life insurance policy and just now found out that he does not. Well he is old now. Between 79 and 82. He isn’t even sure which. OMG!
I know it is expensive, but what kind of life insurance can I get for someone his age that will help me and my minor son out when my husband dies? Does the life insurance company ask for a birth certificate???
I am so stressed I feel like puking!
Thanks ahead of time!

Clifton Adelstein

brittv83 asked:


I got life insurance about 2 yrs ago I guess you could say… I am 24 now and I am not married. Should I keep my life insurance policy… Or cancel it and get sometime else. I need some great advice on what to do… This is really important for my future!!
Oh and I forgot to add I don’t have kids either!

Stanton Somerset

ilm03 asked:


Has anyone single bought life insurance then realized it was useless especially if you don’t have any dependents that depend on your income?

Gricelda Pilkenton

enigma asked:


I have five children. My husband and I had one and he and his ex had four; they all live with us. I have always thought of these children as my own because their mother floats in and out of their life. I recently purchased a life insurance policy on myself and have listed my spouse and my children as the beneficiaries, my husband getting 50% to pay off the mortgage and debts and then each child gets 10%. But I am wondering if I’ve made a good decision. I worry if something unfortunate did happen to both my husband and I that the kids mother would just blow all the money. I got this policy for peace of mind to make sure that they wouldn’t have to worry about the mortgage and college and all those things but should I leave more for my biological son then my step children? I don’t like to think of them separately as I said, they are all my children. I just want to do what’s right by them. Please don’t be rude or a smart ***… I really just would like to hear other peoples opinions.

Hertha Congdon

country_rhapsody asked:


if someone filed for bankruptcy 5+ yrs ago and then thru their job they have a large life insurance policy….will the money from this life insurance have to go towards paying off the creditors which were listed in the bankruptcy?

Ping Eberling

katharina stoltzfus asked:


I keep getting the gut feeling that I need to get life insurance for my parents. Is that possible? If so, which company is the best?

Reed Arrendondo