 I received a check from my health insurance? |
| I recieved a check from my insurance company to pay for a procedure that was done by an out-of-network doctor. well i paid that. a few weeks later i recieve another check for the same amount my ... |
|
 Can an insurance cancel you policey even though they continue to take payment on it? |
| I got into a car accident i call my insurance company to let them know they informed me that they had canceled my insurance a comple of months back but they still continued to take payment on the ... |
|
 Will my auto insurance payments be affected cause i got sued and lost the case? |
| Hi! i got in a car accident about a year ago. Come to find out a year later that the lady that hit me is suing me for $7K. I just went to court but the judge said that the case will be put in ... |
|
 National Insurance card ? |
When you get your national insurance card through, does that mean you can go out and get a proper job even if your still 15 and not 16 for another 2 months?
Additional Details
i know i ... |
|
 CAR insurance question,,, VERY IMPORTANT? |
so i was in an accident,
this is the story,,,,,,,,,,
i stoped at a red light,, and then i was hit from behind,,,
I WAS IN AN ALERO,, AND THIS LADY WAS DRIVING AN IMPLA... |
|
 Can I block a monthly auto pay. ? |
| I signed up with Stamps.com a few months ago. It is a monthly membership. I have decided to cancel this membership but the only way they will allow you to do so, is by phone. I have called and been ... |
|
 What Insurance factors determine when I have to return my rental car? |
| I was rear-ended in an accident, the driver who crashed into me had insurance to provide a rental car for me. My car was totaled out. So, when or why will I have to give the rental car up?<... |
|
 Taxable income on whole life insurance? |
| I have a $200,000 life insurance policy that has a $100,000 loan on it and the company says that I must pay $4000 minimum to keep the policy in force. I am 70 years old and if the policy lapses the ... |
|
 Can Life Insurance refuse payment after the 2 years suicide clause expires? |
Can Life Insurance refuse payment after the 2 years suicide clause expires?
Contrary to public belief, I've found that the laws of most states and the policies of most life insurance ... |
|
 At 18 am i still covered by my dads health net insurance? |
| cuz im 18 and just found out im pregnant yay i want to know if your parents have health net are you still covered at 18 cuz im not getting married untill my fiance comes home from boot camp and we ... |
|
 Pregnancy and Insurance, Please help!? |
| Alright. This is a little complicated, so bare with me. My husband and I are trying to conceive. We are currently on different insurances because his requires him to be there for 18 months before ... |
|
 I need disability insurance. I've been declined by several companies due to a diagnosis of sleep apnea-hints? |
| The apnea diagnosis is so slight that I do not require treatment with a C-PAP machine. I'm surprised that I've been declined. Does anyone have any suggestions?... |
|
 Are there any appeals/grievance processes against health insurance companies who deny policies? |
| This just takes the cake! My son is 4 months old. When he was born, the doctor heard a slight murmer in his heart. It was checked out with an Echo and we also followed up at 2 months with a ... |
|
 What is an affordable health insurance that I can apply for in Southern California? |
| An affordable one. I can't seem to find one. I was layed off my job but my cobra will be too expensive is there anything else out there. I tried kaiser but its like 220 a month for just me.... |
|
 I need cheap health insurance...? |
| and I need it fast. I need a quality health insurance company for an affordable rate. My husband and I just recently got married. So we're a young married couple putting ourselves through ... |
|
 With commercial insurance I need to know what it means when the defense costs are outside the policy limits? |
| I need to know with commercial insurance what does it mean when you are asked; Are the defense cost outside the policy limits.... |
|
|  |
ozzysheeplover | I have an endowment policy that is paid up by that i mean i am putting no more money into it should i cash in? |
or should i leave it for the next 15 years - which is the best option |
 |
 
Doing the Right Thing
 |
You should cash it in. You may pay taxes on it, depending on how much premiums you paid in and what is the face value of the policy. For example, lets say you pay a total of $70,000 of premiums into the policy and you live to the maturity date. The face amount on the policy is $100,000. The insurance company will pay you $100,000, but you will owe taxes on the $30,000. But if you pay the premiums that is equal or greater than the face amount, you will not owe any taxes. Usually, when the policy matures, it will pay out the face amount to you.
Anyway, I would cash it in and invest it to achieve higher growth. Depending on your income and your age, you may be able to move some of it (up to $4000) into a Roth IRA or a Traditional IRA. You should fund your IRA with equity mutual funds and maybe one bond fund. With the rest, I would put it into a money market fund. When its time to contribute again in 2008, you can move $5000 from the money market to your IRA account and so on. |
|
kautolo
 |
Cash it and spend the money on something you really want. You may die before 15yrs is up, old bean. |
|
rose_merrick
 |
we cashed ours, because we found a simple repayment morgage was right for us. Many people are worried about their endowments not meeting their requirements at the end of the policy - but you have to get individual, independant financial advice. You 'll have to pay for this advice, but it is always worth it in the long run. good luck |
|
roc/WLA
|
dont be nieve or fn stupid leave it in the bank and be sure to know your banker not personaly name to name from that (money) relationship w/ this person u will b able 2 aquire a line of credit that will last a life time and u wont have to messup ur ballance of w/ u r judged on get it late roc |
|
ask this dummy
 |
1 It is tax free savings. Any interest will be added and paid out without needing to tell the tax man
2 The policy will still pay out should you die, but check with them
3 If you require the money at anytime you will still be able to gain access to it.
4 It has a current surrender value and can be used as collateral to count as collateral for business, or loans etc
Hope this helps. |
|
mamgu.......
 |
cash in ifyou really need the money but best to keep it in all long as possible. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
6 | 31 minutes(s) ago
| | | |
6 | 42 minutes(s) ago
| | | |
5 | 53 minutes(s) ago
| | | |
6 | 58 minutes(s) ago
| | | |
6 | 2 hour(s) ago
| | | |
6 | 4 hour(s) ago
| | | |
6 | 7 hour(s) ago
| | | |
5 | 10 hour(s) ago
| | | |
5 | 11 hour(s) ago
| | | |
6 | 2 day(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
