 I don't have insurance and need to go to the doctor. What do I do? |
| Hey all. This is my problem. I am a full-time student living at home. I am completely dependent and have no source of income. At 22 I was kicked off my mother's insurance. So for a couple of ... |
|
 Life Insurance Policies? |
My partner and I need to re-look at our life policies and have a will drawn up (we are not married).
We have a house together with a joint mortgage and we each have two children from our ... |
|
 I will die. I know this. Does life insurance change that fact? |
I pay less than $100 a month for life insurance.
When I die, my beneficiary receives $100,000.
So if I live for 1000 months, its a break even deal.
And 1000 months is about 83 ... |
|
 I had a flood and it was my fault because of my dog. What am I responsible for? |
| My apartment was flooded by my dog chewing on a water pipe in the bathroom when i was at work. I came home and my apartment had been flooded as well as the one beneath me. The neighbor below me lost ... |
|
 One child policy? |
| do you ahve any other suggestions as to how the human population could be controlled??? BEST ANSWER WILL BE REWARDED GENEROUSLY.... |
|
 In general, how much does car insurance go up if you add a 17 year old male to your policy? |
| I'm 17, I Just got my lisence. I'll be driving a 1994 nissan pathfinder, roughly, how much should the car insurance go up for my dad to get full coverage on the ... |
|
 Can you get life insurance if your already sick? |
I have life insurance, and my children have the gerber grow up plan, but my husband doesn't have any and now he's sick.
He's 21 - in case his age matters - he was tested ... |
|
 Are life insurance monies considered part of the "estate" of the decedent? |
| If my mom has thousands in debt when she dies with no other estate to cover it, will her creditors be after me to pay her debts if they know she has a large life insurance policy and I'm the ... |
|
 I'm being sued from a Car Accident...? |
| About a month ago, I rear-ended someone doing about 15mph while slowing to a stop. The lady that I hit had OnStar and she requested that EMS come and take a look at her. They apparently reported that ... |
|
 How can I arrange for my life insurance to be automaticaly put in a trust for my kids? |
| I was wondering how one would go about having the benifits from a life insurance policy put into a trust fund for her children. Say I wanted to leave each of my children with $150K in a trust fund ... |
|
 Could someone take out a life insurance policy on me without my knowledge? |
Could a husband take out a policy on a wife w/o her knowledge? And is there any way you can find out if a policy has been taken out?
Additional Details
Dont ya think a husband would have ... |
|
 Would you settle? |
| If you were rear ended on a friday afternoon, had minor injuries to your back and neck, but are ok right now for 500 dollars? I went to the doctor, and he said nothing was wrong, and prescribed ... |
|
 Can you get a refund of car insurance paid if you get a driving ban? |
| I have 8 months to go on my car insurance and am looking at a ban of 12 months shortly for bring over the limit.... |
|
|  |
›tªmmy‹ | Life insurance isn't necessary if you don't have dependents, correct? |
I wasn't sure. I'm just learning about life insurance. |
 |
 
DebtFree
|
I have it, and I have no kids..... it's money that will bury me, and leave a few bucks to my brother and his wife.... dying and funerals costs big money these days... they don't have money to bury me if something happens.... so the insurance is important. |
|
amazingly intelligent
|
Please research the average cost of funeral, burial, opening and closing costs for burial or cremation in your area. It is devastating to a family to have to raise funds to bury a loved one. Take out at least enough to cover your final expenses.
It is also best to get private coverage in at least that amount as employer based insurance ends when your employment terminates or seriously reduces at retirement.
It is best to get coverage while you are young. Rates get higher as you age. |
|
Barkley Hound
|
Life insurance is only needed to bury yourself and support your family. With no family and enough in the bank for a funeral there is no reason for insurance other than to make a friend rich. |
|
tngirl1320
 |
Life insurance will help out whoever is still here when you die. You will likely still have bills to be paid and funerals aren't cheap. |
|
Arcangel005
|
Life Insurance only has one purpose. To protect your ability to make income, if there are people depending on that income.
The only reason a person should get a policy if they have no dependents is to lock in a low premium. Also, this secures your insurability if you do plan to have dependents one day and, heaven forbid, you come down with something that makes you un-insurable. |
|
Melissa
|
When you have no dependents, then you need disability insurance more than life insurance. It would pay your lost income to you if you are unable to work due to illness or injury. I would still suggest having a small life insurance policy to cover your burial expenses - and assign the beneficiary to whoever would have to pay that, maybe parents or siblings.
The catch 22 about not getting life insurance when you are young is that when you are older and need it most, you may not qualify. People develop medical issues as they age that could limit the amount of coverage you could get later. It's a risk you have to decide to take. Most employers plans allow you to increase coverage when you get married or have children, so that might be your option later. |
|
Annie
 |
The rule of thumb is that it isn't necessary if you don't have anyone depending on you.
More:
http://www.nolo.com/article.cfm/ObjectID/8B3B468D-B586-4653-BCA59430C001C6D6/catID/359CBC3A-078B-4DB7-A9F02D9E25A13D84/309/140/ART/ |
|
Dan
 |
life insurance isn't necessary period.
but if you want to give, fore example your kids or your best friend, or anyone money when you die. life insurance is what you'd get |
|
Christie
|
Do you have a spouse? Or anyone else who depends on you (elderly parent, etc.)? In that case, you need life insurance for them, in the event of your death. Also, you need even a little bit of insurance ($5, at least) just for your own burial expenses, whether you have dependents or not. If you died today, without insurance, who would pay for your funeral? |
|
mbrcatz
|
Like any other financial tool, you NEED TO HAVE A GOAL. What's the GOAL? Do NOT buy a financial tool because "someone says you should". You should have financial GOALS in mind, and find the best tool to fit the goal.
If you never have dependents, and don't care what happens to your "stuff" when you die, you have no need for life insurance or a will. The only time you need either, is if you're worried about people or stuff. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 37 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 2 day(s) ago
| | | |
11 | 3 day(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
