 How do you create a comparative analysis between two different companies? |
| I would like to create a comparative analysis or competitive analysis between two or more companies to establish each companies performance and financial strength.... |
|
 How can a life insurance company know if you smoke cigarettes if you quit one week prior to the exam? |
Can i quit smoking one week before my insurance company medical exam and my test results be negative?
If so, what happens if I die from lung cancer 20 years later? Will the insurance ... |
|
 What happens when you fail to make all payments for Life Insurance? |
| Is it true that all your earlier payments will get forfeited? Or can you atleast get back the money that you have already paid and not the benefits?... |
|
 State Farm Insurance Settlement Question? |
| I have recently submitted my settlement offer to State Farm for a claim after one of their insured hit me and was at fault. My vehicle has since been repaired - vehicle repairs and rental have been ... |
|
 Multiple choice!!! HELP!? |
What is a life insurance policy that extends over the lifetime of the insured called?
A. term
B. endowment life
C. whole life
D. universal ... |
|
 Life Insurance? |
| I'm retired 62 years old, in good health. Can I get life insurance that's affordable.... |
|
 Can I use "deviated septum" as excuse for rhinoplasty to get insurance coverage? |
My insurance company does cover deviated septums. However, the reason I want coverage is for cosmetic reasons.
The insurance company does not have to know this and essentially cannot prove ... |
|
 Does anyone know what age your car insurance starts to go down? |
| I live in Pa. About to be 18 and have been driving for a year.... |
|
 I'm an insurance agent looking for a way to advertise, any suggestions? |
| I am a fairly new insurance agent selling accident, sickness, disability, and cancer insurance. The company has been in business for 88 years and is growing each year, and the products we offer are ... |
|
 I am interested in purchasing life insurance, but lack general knowledge of the industry? |
| What kind of life insurance would be best suited for a 26 year old in good health who is the sole income in the family? Keep in mind that I support a stay at home husband, and have 3 children. No ... |
|
 Can I recieve unemployment if I quit my job to be a FULL time student? |
| I will be going to police academy next year and it runs monday through friday 7:30am-4:30pm( sometimes weekends), for 4/5 months, since it is recomended to not be working at the time, would I be able ... |
|
 Is it very costly for small companies to provide insurance for their employees? we get no health insurance? |
| I work for a investment company but I work for one of their branches and we have no type of insurance of any type. why?... |
|
 How do you pay for a funeral if the deceased had no life insurance? |
| A friends father passed away this week. I guess that he had no life insurance. The family says that they don't have any money to help with the costs of the funeral. So they feel that my ... |
|
 Which Brand is best and why? |
Elephant
Esure
Admiral
Diamond
Sheila's Wheels
Direct Line
Confused.com
Norwich Union
The AA
More Than
Swift C... |
|
|  |
hougang sleepwalker | What is a good age to think about buying a life insurance policy? |
What kinds of policies are there besides life insurance? Where should I start looking? |
 |
 
Joe D
|
Start as soon as you can afford to put a small amount of money aside each week/month. The right kind of policy can produce income for retirement.
Do some research online or at the library for the types of policies that would be right for your age, sex and health.
All of the major insurance providers have web sites that will help you explore your options. |
|
redunicorn
 |
It is cheapest when you are young. 21 perhaps |
|
elgil
|
Unless you know exactly the date that you are going to pass away, buy the insurance as soon as you can. The younger you are, the cheapest it is. |
|
?
 |
The sooner the better, you never know. I know because I lost my daughter unexpectedly in a car accident, there were others killed and they had life insurance and we didn't we learned a valuable lession from the experience. My daughter was only 13. It's never too soon, if you want to be prepared for the unexpected. It is also a caring thing to do to make sure that your loved ones have the money to take care of the responsibilities of your burial, and to be taken care of. It doesn't take the sting of death away, but it does make life more bearable to not have to worry about the financial burdens of a loss or unexpected death.
I would talk with several insurance providers about life insurance and porgrams they have, then make a educated decision on the one that would best serve your purposes and needs along with the one that would fit into your financial situation. |
|
insuranceguytx
|
It is not necessarily and "age" that determines when you should buy life insurance. It is more a factor of your personal financial condition and your goals. People who die broke, get pauper's funerals. Would anyone you leave behind be financially impacted if you die? How about in the future? spouse, children?
Is it possible, with all the stuff going around that you could become uninsurable?
If you are thinking about it, it must be time.
The next questions are how much and what type. Talk to a licensed professional to get a clear picture. In my opinion a combination of policies works best. |
|
grumpypat2004
 |
As early as possible. We started policies for our children when they were three years old and continue to pay for them. Someday the money will be a very pleasant surprise for them. |
|
Doing the Right Thing
|
The younger you are, the lower the premiums are. If you are working, you can probably buy $1,000,000 worth of coverage around $90/month for a 30 year Term at age 18-26 (that is, if you are healthy). This is what I have and I bought it when I was 22 years old through Primerica Financial Services. I also setup my Roth IRA through them as well.
Anyway, there are 2 main types of life insurance. One is Term (the one I just talked about) and the other is cash value (also known as Whole Life, Universal Life, or Variable Life). If my policy was cash value, I would be paying about $2400-$3000/year.
As you can see, one is way more expensive than the other and I don't know why there is a savings attached to a life policy. When you die, your beneficiary only gets one of them. |
|
healthlifeinsure
 |
I highly recommend the Term to 25 through AFLAC. Check in your state to find and AFLAC Rep.
In Illinois, it is $8.16 per month for $20,000 of Term Life insurance, then when you turn age 25, the premium goes up, but the $20,000 doubles to $40,000 and stays at the same premium for the life of the policy.
If you ever have am uninsurable condition, this really comes in handy. As DragonFly mentioned, you never know when something might happen.
The average Final Expense in American is around $5,700. What will it be in 10 years, 15 years, etc.
Best of luck! |
|
Badkitty
|
Right now, today. It will never be cheaper than it is today. As you age the cost of insurance increases. |
|
Granny 1
 |
The younger you are the cheaper the premiums are |
|
AmericanBizEnt
|
You should buy life insurance as soon as you can afford the premium. Your type of life insurance policy depends on your financial goal. Check out the different options before enrolling. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 8 minutes(s) ago
| | | |
11 | 42 minutes(s) ago
| | | |
11 | 1 hour(s) ago
| | | |
11 | 6 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 5 day(s) ago
| | | |
10 | 2 week(s) ago
| | | |
11 | 1 month(s) ago
| | | |
11 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
