 Insurance broker or internet? |
| is it better to use a insurance broker to buy insurance or use the internet. im asking this because im thnking of becoming an insurance broker but im afraid i'll just get replaced by the ... |
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 Child denied life insurance because of asthma....why? |
And
know any other life insurances that don't go up in price as you age? T... |
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 Who determines if a vehicle is totaled? |
Is it the insurance company and if so what are the factors they use to call it totaled?
Additional Details
ok so now what they give me the value of what the car is worth is it the kelly ... |
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 What happens if you die at a hospital without insurance? |
| Also, if you have no family members to pick up the bills?... |
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 Do these insurance companies exsist or am I gettin setup? (Part 2)? |
Yesterday I asked this question
Recently I came across a opportunity from a friend of mine where I get paid (very well) to send messages on myspace for these California based Insurance companies.... |
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 As far as health insurance is it best to get the highest or lowest deductible.? |
| I trying to apply for health insurance but i can't find anybody that covers everything as far as dental and life insurance for a reasonable price.I also want to know if it's best to get the ... |
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| What are some good health insurance companies in CA for self employed people? |
| We mainly are looking at it for medical needs. Dental would be nice, but its not necessary. And vision isn't necessary at all.... |
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 When/How Do I get Life Insurance Proceeds? |
My father died, my stepmother (apparently) sent death certificates and I don't know what else to the life insurance company in December.
I am a beneficiary to the life insurance ... |
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 EBay feedback policy? |
If an eBay seller leaves neutral feedback with a buyer, can the buyer in return leave negative or neutral feedback?
Additional Details
so can a buyer leave negative feedback if the ... |
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 What is the a good medical insurance? |
i am basically on my own on this even if i am married but i don't know any medical insurance names except tri care. please help me name one for me so i can look into it. thankyou
A... |
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 Kitchen unit collapsed on me. Who's liable? |
I live in a rented flat in London.
Last night, as I routinely opened the kitchen cupboards, the whole unit started to fall and nearly collapsed on me.
The unit is destroyed as ... |
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 Should I sue the other driver, or his insurance company? |
Sorry this is so long, but I wanted to give enough details for folks to give an informed answer.
I was driving Thanksgiving morning when another car blew through a red light and destroyed ... |
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 Will home-owner's insurance cover a dog attack? |
| My friend owns a house. His friend, who lives with him and pays rent, owns a pit bull who also lives at the house. Today, the pit bull got out of the back gate and attacked a passerby and another dog.... |
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 If vacation time is given after a year, is it after a year of your hired date or after your 90 days probation? |
| after 90 days we get paid 5 vacation days. i was told after a year your vacation starts over. i put in my request to take vacation 2 weeks ago, it got approved, but now they are saying that i dont ... |
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 How can I convince my young adult children to buy life insurance and save for their retirement? |
| Too often I see people have deaths in their families and then they have to ask others for the money to bury them and also the surviving spouse and children have to find a way to get that income ... |
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 House insurance via the net? |
| anyone know of a real cheap house insurance company, by phone or net (but it'd be easier by the net), that you can pay weekly or monthly cos i was seriuously ripped off by 'direct line'... |
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Cam M | Term life insurance vs cash value? |
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Doing the Right Thing
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Term: Known as "pure" type of insurance such as car insurance. It offers maximum coverage available for low amount of premium. People buying term know that they do not need life insurance forever because they have less financial obligations to pay off (like mortgages, kids) as they get older. People should consider investing in mutual funds when purchasing term.
Cash value: A savings plan attached to a life insurance policy. Also known as whole life, universal life, or variable life. A portion of your premium is going into your cash value and the rest into your insurance. When you decide to use it, you have to borrow it and pay back with interest (keep in mind, interest is kept by the company.. it is not applied to the cash value). Cash value are not good investment vehicles for retirement or for education because they earn an average rate of return of less than 3%.
Financial experts say you should keep investments separate from insurance because it is less expensive that way and you have better control of your finances. |
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529s.com
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The most important thing to remember about life insurance is that you make sure you have enough coverage. Meet with a professional advisor to determine how much coverage you should have. Then you can decide how you want to cover that need. Here is an article to take a look at:
http://www.findlocalinsurance.com/permlife.html |
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firemedicgm
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You would be FAR better off to purchase term life insurance and invest the difference in another investment vehicle - a 401k if your employer offers one, or an IRA that you could set up with the help of a financial advisor.
There are two obstacles that few people overcome when attempting this: First, insurance agents want to sell whole life policies rather than term life - higher premiums and higher commissions. Second, many people say "I'm going to buy term and invest the difference" and then they buy term, but never follow through on the other part.
You should find the book "The Wealthy Barber". It really is an easy-to-read guide to understanding personal finance and will really clear this up for you.
Also, I WAS a licensed life insurance agent for a few years. I quit selling and let my license lapse because I felt it was an unethical industry, and I was being pushed by my company to sell our whole life plan rather than term life. I personally crunched the numbers over and over again and found that whole life is a terrible investment, so I refused to sell it. And just so you know that I really understood what I was doing - when I took my insurance licensing exam, I had the highest score ever achieved in my agency. |
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spiderman
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If you are still confuse try term with return of premium. after the term expires and if you still live you get your premiums back for the amount of years you paid. There are also term to age 95 with return of premiums still less expensive than cash value. |
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pdav
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I would rather own than rent. But it is to your benefit to understand the benefits and cost of both over time.
While you may find term less costly at the present ...as the years go by the cost increases. 18 years old is not the same as 50 years old when you need it the most.
Whole life on the other hand, can be owned by paying it off.
Not only can you pay it off but by levelaging you payments, you can pay it off in a shorter length of time...such as 9 years verses 20. |
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JOHN G
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As an insurance agent I can tell you that you can't give an answer to this question and implement it to everyone in the world! Your life insurance policy should be individually tailored to your needs, age, coverage, health responsibilities, affordability, and much more..
Most people who buy term and invest the difference they never do or quit after a short period. Also ask your self "Would I be still be insurable after the term is up and how much would it cost then?"
If you can't afford a permanents policy for the coverage you need, some policies can offer you a permanent policy of a coverage you can afford with an add on term for the difference to match your needs! |
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