Isn't all cash value policies are term insurance? |
Whether its whole life, universal life, or variable life, when you pay your premiums, your premiums are being paid for two things: 1) Term insurance and 2) Cash value.
At the beginning, ... |
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I want to take a loan ....and would like to find the surrender value of my parents policy..? |
| we are paying a premium of Rs7015 from past 9 year(starting from 1998) and still we hav to pay this amt of premium till 2012.the maturity value will be 100000Rs,so kindly get me the surrender ... |
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How to calculate insurance quotations? |
| i want to know how insurance quotations are prepared?is there any software to prepare such quotations?what are the factors to be taken into account to prepare such quotations?... |
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Is a $500,000 life insurance policy enough? |
| so yeah im 16 but i was jw this has nothing to do with me i just saw an ad on this website advertising a $500,000 life savings plan. would you feel comfortable leaving a spouse and 2 young kids ... |
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What happens to people with insurance policies if their insurance company goes under? especially those? |
| policies with a cash value like a split dollar policy? if you had one through met life, for example, and they went under, what would happen?... |
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Car Insurance company is sending check attorney states Medical lien is larger then payout, what are my options |
7 months ago my wife was in a near fatal car accident. She is healing, but will have pretty serious complications for the rest of her life.
This was a one car crash, my wife was cut off by ... |
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If I,m employed under PAYE and if the company has no work for me to do is it right they don,t have to pay me? |
| I,m employed as a HGV driver on the paye scheme and if the firm has no work for me and I have to wait for work, is it right that I,m not entitled to any pay for my forced time off.... |
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How do I cash a check addressed to me and a lien holder? |
| My mother died four years ago and we were sent a check for damages to the car and sent on to Nissan. We received a letter in the mail today saying that they sent another check which was never cashed ... |
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How do I settle with an insurance company for injuries in a car wreck without using an attorney? |
| I was involved in an auto accident last October and have been released from the care of my doctors. I have all of the documentation that I need to submit to the insurance company, but I do not want ... |
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Typically, when does your health insurance coverage end after losing or quitting your job? |
| I am trying to get in touch with my husband's former employer (surprise surprise they're not answering my messages) to find out how long our coverage will last. But in the meantime I was ... |
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Auto Insurance? |
| I had a period of one week in this year 2006 where I did not have car Insurance. Becoz my mail got lost and I could not renew it on time. How is this going to affect my history, If I go to get a auto ... |
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Do I still have health insurance? |
| Is there a period that you still have insurance after you quit the job that was sponsering it. I was paying about three thousnd a year.... |
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Mommy...LT | If a life insurance agent works solely on commission and they sell to a customer a term policy .....? |
and they sell a term policy to a customer that's about 600K, how much would that agent make off of that sale? |
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mvm
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Not nearly as much as you might think.
It will vary a great deal, depending on the company you bought the policy through, and whether the agent is independent, or works for an agency or financial planning/advisory firm (in which case he/she is sharing his/her commission).
Generally, the agent is not paid a lump commission up front on term policies, but gets a small commission each time you pay your premium. A policy that size? Likely a few dollars a month. |
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LifeInsuranceAgent
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Typical commission would be 80-115% of the first year premium you pay. |
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Mark S
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I only receive compensation for the first year. Pay depends on where you are: 25%, 35%,50%,60%,70%, and 95%. We receive 75% of the amount and the last 25% is spread out over the last three months of the first year.
To get paid again, I need to get a new client the next year. |
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Barry M
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The important thing is that you get proper insurance and trust your agent as a competent and caring one.
If you think about it, everybody works for some kind of a financial reward. |
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str8putter
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depends on the monthly premium and the commission level |
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mbrcatz
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Depends on what the premium is. You usually get about 95% of the premium for the first year's commission, and 5% of every year after that. |
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