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 Borrowing against your life insurance?
bases on one of several articles that I have read on the net, one of them being http://www.finweb.com/lo Is it really possible to borrow as an example, ...


 Why is my online home insurance quote cheaper than the 1 they sent me, its the same company?
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 Contents Insurance refusal due to minor conviction?, advice please?
I want to get house contents insurance, and until recently were insured with one of the high street banks, I have a minor conviction for common assault which has led to me having a criminal record, ...


 If i have medicaid, does my baby's father have to pay child support?
Me and my daughter have Medicaid and they want her father's information so they can get child support from him, but he is in our lives, and helps me take care of her. I do not want him to pay ...


 Health insurance question!!!?
i was looking at some health insurance and i was wondering what it means when they say "0% Coinsurance after deductible"...


 Health insurance for a baby?
what insurance would be the most economic for my infant?
i tried applying for the Oregon health plan for my baby but they denied it to my daughter because of my parents income. any suggestion on ...


 My son was burned in a house fire, will the homeowners insurance cover his expenses?
My son was spending the night at a friends house when a fire occurred and he suffers from 3rd degree burns possibly needing skin grafts. We cannot afford these costs and they have homeowners ...


 Now that I have finally paid off my car payments/loan, does that mean I still have to pay for car insurance?
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 Can my wife collect unemployment insurance in California if she quits in order to move with me 150 miles away?
I read somewhere this is possible, does anyone also know where I can find out about the exact details of this law? Thank you....


 Does anyone know a insurance company I can work for that pays salary + commission?

Additional Details
I'm in memphis,tn and had an interview with New york life Insurance, anyone famaliar with this firm. I'm wondering if they offer salary + commission. I ...


 Best individual health insurance plan?
My husband and I just found out that his company is raising our medical insurance rates from $212 a month to $400 a month, so we are trying to shop around for the best rates. We have found some, but ...


 Can I have life insurance from multiple insurers?
I have life insurance through my employer. But the max I can get is 5 times my salary. Because I don't think that's enough to support my wife in case something happens to me I also have ...


 Does anyone know the best way to go about picking an insurance policy?
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 I am looking for the best ppo plan and the best company for me and my family in Texas.?
I have researched alot of the different coverages and it seems that ppo is the best option.
We live in Texas, my wife and I and our 2 year old daughter, I need a solid/excellent insurance ...


 Renter's Insurance???
My property manager at my apartment building just notified me that I have 30 days to provide proof of renter's insurance (minimum $50,000 in liability coverage). I've never heard of a ...


 What would life?
be like if we didnt have to pay taxes....better??...


 How much do contact lenses cost without insurance?
Including the price of the exam to. What about glasses?...


 Should we have whole life insurance?
My husband is 26 yrs old and he bought whole life insurance. I tried to tell him to get term sicne we are so young, but he wouldn't listen. Can anyone help me?
Additional Details
i ...


 Does doing car insurance quotes affect your credit score ?
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 Can anyone tell me where i can get insurance on pitbulls for cheap?
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Kashi
What happens to my policy if AIG goes under?
I have a very inexpensive life insurance policy with AIG that I got about 3 years ago. I was healthier and weighed less back then, so I really don't want to have to go find another policy because I will probably be paying more for the same amount. The news is saying that AIG might go bankrupt as well. Does anyone know what would happen to my life insurance policy with them? Do I just go and find another one?
                     
 




car253
Rating
You policy will be picked up by the government and then sold to another company. Nothing will change on your policy.
Again, I will repeat, nothing changes on your policy. Believe it or not, those rates are set in stone. Just look at your life insurance policy. Everything is set as along as you have a whole life or term policy.

Universal life policies run a different. But if you have had your policy a long, long time, there is a good chance you do not have that policy.


Crazeddoglady
It will be picked up by whoever buys up the bits and pieces of AIG.


mbrcatz
Under the unlikely event they go under, your policy will be transferred to another insurance company in your state. Sleep well, don't worry about it.


Insurance Pickle.com
IF they filed for bankruptcy protection the life insurance holders should be fine. If anything they'd spin off the profitable insurance unit to a buyer in order to raise cash. AIG doesn't sell insurance...American General does (as does their other subsidiaries)....keep that in mind. AIG just owns American General.


jamesfentress44
If AIG is as lucky as Fannie Mae and Freddie Mac, we taxpayers will keep you afloat!


transport_financial
Rating
It's the bad mortage loans that are befalling AIG and the like (Lehman, Bear Stearns etc.) Now with AIG in financial troubles, there's always a good chance that another insurer may buy out AIG's insurance operations and your policy. Having said that, if AIG's life insurance division gets bought out by someone else, there's no gurantee that your low premium will be maintained. The acquirer (and even AIG in the unlikely case that it survives) can raise the policy premium, I suppose.


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