 Primerica? |
| have you ever heard of this company? what do you think about it??... |
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 Is this settlement fee enough? |
| Was in an accident a little over 2 years ago...late 20's, first ever accident. Not sure if observed as other parties fault, but I'm sure it was (they ran stop sign in NY). Did pt for 3 ... |
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 My mother is going to die in about 2 weeks and i never thought about the funeral , is it to late for insurance |
| I have been so stressed and worried with school my son and her all the financial issues totally slipped my mind! what do i do and is it too late for life insurance policies? she has cancer and not ... |
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 Hello, looking for insurance? |
| I'm looking for individual inexpensive medical and med's coverage for myself, and older adult. State programs I was cut off from because my daughter turned 19, and I'm not old enought ... |
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 Life insurance for Me,father of my kids and my two kids! Is it a good idea to buy for the kids? |
| My boyfriend and I are planning to get life insurance soon, but I'm wondering if it's a good idea for me to buy it for our kids (1 & 3). I'm still very young (23yrs) and starting ... |
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 Insurance co. does not want to pay medical bills. Will i have to? Accident not my fault.? |
| chiropractic accepted 3 patients and claimed insurance co. would pay . Insurance co. is giving run arround. chiropractic is demanding pay. I dont think he cares who pay's as long as he gets ... |
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 Individual Health Insurance / COBRA? |
| Why is COBRA considered better than individual health insurance plans? When I did some research,for almost the same kind of coverage but cheaper premiums, I could find individual health insurance ... |
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 How much would motor insurance cost me? |
| Hi, im nearly 21 and a female. I cant actually ride a motor bike atm but want to learn as i am in love with bikes. However i dont know how much it would cost me to insure one. Obviously i would ... |
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 Life Insurance -- Is a 78 year old woman too old to get life insurance? If not, who are the better providers? |
| I've made preliminary inquiries to get life insurance for a 78 year-old female, however, I get the standard response of "no" because of her age and the fact that she has been ... |
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| Questions about health insurance as it relates to losing one's job and COBRA? |
| I recently lost my job. My employer of 9 years gave me a "take it or leave it" approach with a poor severance package. Essentially my termination letter states that my benefits expire N... |
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 Which Life Insurance Should I Get? |
I'm 35 years old. Have two small children under 5 years old. Household income is around $200,000, and my mortgage is about $350,000.
Some tell me to get whole life, others tell me ... |
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 Help this is ruining my life? |
| Ok so I had my gallbladder removed my insurance company decided to drop me when i was in the hospital during this surgery I had 2 surgeries because my stones had traveled to my liver and etc. now I�... |
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 What happens if you continue to use your health insurance after being downsized from an employer? |
| My position ended with a company in Oct., they have yet to cancel my benefits, or offered to continue them under COBRA. I need a simple surgical procedure performed should I use?... |
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 I got a quote for term life insurance for 20 years? |
...and it cost $5717.28 is that what I'm supposed to pay monthly or yearly or for the whole 20 years?
Additional Details
I have high blood pressure. but it's controlled since i&... |
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 Can my mother be my domestic partner? |
My company allows me to insure a domestic partner. If I'm single and my mother lives with me, can she be considered a domestic partner? Can I put her on my insurance?
What about other ... |
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 Would it save money to divide family members onto two different car insurance companies instead of just one? |
| We are trying to reduce our monthly car insurance payment. There are 4 adults on the family policy. My 2 kids live at two different addresses. One is 22 and the other is 24. We have a 2000 SUV, a 20... |
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JuvenileP101 | How does insurance work? Any kind. Is it really worth paying out of pocket or get insured? |
If your contribute monthly and nothing ever happens, then your just giving money away? |
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fighting saints
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Wow! As somebody else said you need an education. Let's use car insurance for example.
I'm an old guy who has paid car insurance for 30+ years and made 1 claim when a turkey hit my truck. (don't ask). So yes, i have spent a small fortune paying for my car insurance and I don't get any real tangible benefit from it. I'm OK with that because I know what happens to people who are at-fault for accidents and don't carry coverage.
But now let me explain what happens if you don't pay for car insurance and you cause an accident. I own a company that handles claims against uninsured people for insurance companies. If you mess up, you get to pay for both your damages and the other persons damages out of your own pocket. Our office has tons of files involving people who gambled that they wouldn't cause an accident. Some of them have killed other people in car accidents and they now get to make monthly payments to us for many years. I always tell people that driving without car insurance is a gamble and if you lose you end up paying hundreds of dollars per month for years. Think of it like making a car payment each month but not getting the car. To quote you "then your just giving money away."
If I'm going to gamble, I'd rather gamble on paying car insurance and never using it, than gambling that I won't have an at-fault accident without the insurance. |
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Lori S
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That's why they call it insurance. It's there to protect you in case something does happen. Trust me--if you have a catastrophic occurrance, either illness or accident, you will recoup far more benefits than you have paid in-even if you have paid premiums for years! |
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src50
 |
Go to Yahoo Finance, click on "Personal Finance" and read. You have much to learn. |
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the d
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you got it right, yeah unless a private insurer cpovers me next month i will have to pay 429 per month. |
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Evan K
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Insurance is designed to transfer the risk from one person to a large group of people, therefore decreasing the exposure to someone who has a loss on their own. Generally, a person doesn't get more out of insurance than they pay in. If you suffer from a loss of some kind, however, the insurance protects you.
Most people are frustrated by paying too much for insurance that never benefits them. Ask anyone who has lost their house to a fire, totaled their car, or stayed in the hospital, and they'll tell you how glad they were that they had insurance. |
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Chickie
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If you get seriously ill, do you have $100,000 you can pay toward medical treatment? If your house burns to the ground, to you have the cash available to rebuild it? If you killed someone in an auto accident and had a $1,000,000 judgement against you, could you pay it? Spending a couple thousand dollars a year on insurance is definately better than having no insurance and finding yourself in one of these situations! |
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larsgirl
 |
In 1999 during a bad rain storm, lots of wind a tree blew over and just hit the corner of our house, maybe catching about 18 inches of the roof. We had a roofer come out the next day. Everything was ok. 6 months later.. no more rain. In california they like wood shake roofs, when they are wet the wood expands, when they are dry they shrink up. I had been home from 10 days of inpatient Chemo for a couple of days and felt like I had the flu. Naturally I accused the kids. then we had a fluke rain storm. I got up in the middle of the night.. the carpet was wet. I woke up my husband, we called my son, who drove over at 2am to help move the furniture and cut the foam pad to try to rescue my carpet. The texturing on the wall behind the highboy looked like big candle wax drips. I went out and called the 800 number for State Farm. With the Shakes expanded 6 months before the roofer didn't see the 1" hole in my roof. It had been leaking between the interior and exterior walls of the master bedroom for 6 months. We had mold in our home. Bad mold. Over 12 years we had paid approx. 8000 in premium. We were insured to value, everything was in order.
I would like to thank all the State Farm customers in the State of California that paid the claim on my home.... $198,000 and change. Thank you from the bottom of my heart. |
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mbrcatz
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You're not contributing.
Here are two basic examples (both true) about how insurance works.
100 people each have a house. Each house is worth $100,000. In any given year, one house will burn down. So, the insurance company has to collect $1,000 per person, to have the $100,000 they need to pay for the one house that burns down.
It's sharing the loss. The money does NOT get earmarked for Joe Smith's claims only - it goes to the pool, to pay for ANY claim, during that year.
Second example - it's kinda like buying a lottery ticket. You're betting that something will happen. The insurance company is betting it won't. The premium they set, versus the potential payout they might have to make, well, that's the ODDS. If something doesn't happen to you, you do NOT get your money back. If the insruance company thinks something is MORE likey to happen to you (think a 16 year old boy with a Porsche convertable), they'll charge more - maybe WAY WAY more.
You're not giving your money away - you get something in return. You get the promise from the insruance company, that if a particular something happens, they'll foot the bill, up to XYZ dollars. You're trading a known, small cost, for an unknown, potentially huge cost.
Hope that helps. |
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