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 I am single,disabled and no dependents...Do I need Life Insurance??
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 Cheapest Insurance for me?
I am looking to get insured for a 2006 Mitsubishi Evolution. I am 20 years old, and a clean record. I applied for progressive, and for the basic I was quoted $150 per month. But since I have a loan I ...


 I got an offer of 2500 from insurance company for a finger injury, how do you get max, payout without lawyer?
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 Do I have to get flood insurance? My mortgage company sent me a letter?
I got a letter from my mtg company saying flood coverage is required. Apparently, I'm in Zone A. What can I do about this? I can't afford hundreds in additional premiums - I already have to ...


 My insurance pay for my truck but my bank say's i still own 6,000 dollars of interest?
well i total my truck but now my bank says that i still need to pay 6000 worth of interest so i dont know what to do im need to get into a car but i still have to pay for my other truck but does this ...


 What happens if you loose uninsured jewery? Can you get any money back?
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 Mobile home insurance, does anyone know of a company that I can purchase a policy right online?
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 Should I let the policy lapse or surrender it?
I hold 2 policies: an endowment and a whole life policy. I have bought these policies for about 1.5 year already. Now, I realized the higher costs are not justifiable and like to terminate these ...


 Insurance didn’t pay for my delivery, why??
I had my baby Jan 3, 2.5 weeks early. I looked on the insurance website just a minute ago and they have denied everything that had to do with my hospital stay. Why and how can they do that. I am ...


 What do you think is the best health insurance company in southern california?
i need to purchase individual coverage....


 Anybody thinks it is a waste of time to have Property Insurance?
I live in a hurricane zone and apart from that I have always been afraid of fire or earthquakes. The cost is almost prohibitive, but my house is now insured, in time for the hurricane season and I ...


 How to be a successful life insurance agent?
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 Do I need a non-owner's insurance policy?
I am going to sell my vehicle soon. I will no longer need car insurance. Do I need to purchase a "non-owners" policy? I know that when I eventually do buy another car + insurance, they ask ...


 Does homeowner's insurance pay for...?
an injury that was recieved on someone's property? My son, who is an adult, tripped fell and broke his arm at a friend's house. My son has no insurance. Is the friend liable since it was at ...


 Does anyone know an agency or foundation that will help with funeral costs?
My mom died 3 months ago and I'm still struggling to pay the remaining burial costs....


 Flooding....?
Why should those who havent paid for home insurance complain that the government isnt helping them? Surelly, if they recieve financial aid, why bother with insurance?
Its a tragedy and i dont ...


 What kind of life insurance do we need? and what is a good company to buy from?
My husband and I are 28 years old, have three children and plan to have one more child in the near future. We live in Virginia (DC area). His annual earnings are about $70k; I also work part time ...


 Life insurance beneficiary refuses the proceeds
assume my father had a life insurance policy for 1,000,000 on his life with me as the beneficiary. upon his death i recieved the proceeds and did not touch one penny. six months later i decide that ...


 What is a Good, Afordable Health Insurance Company in the US?
Low prices. Thanks!...


 How to find out someones insurance company to file a claim if they will not cooperate?
I FELL DOWN MY APARTMENT STAIRS FOR THE 3RD TIME AFTER VERBALY AND IN LETTERS ASKING THE LANDLORD TO REPAIR THE STAIRS AND MAKE THEM SAFE. THERE HAS BEEN A POSTMAN, POLICEMAN, AND MY PREGNANT DAUGHTER...



new mel
What should i do???
My uncle is pressuring me to get life insurance !!! I dont know if i should get it or not i mean i know it's good for me but i'm only 18!!! He's driving me crazy !!!
                     
 




mbrcatz
What's the POINT of you getting life insurance?? Is he a salesman, and just wants to get the sale from you?

Likely, at your age, you flat out don't need it. Time to call on whichever parent he's related to, and have them call him and tell him to back off.


Jax
Rating
I know it seems absurd to get life insurance already, but your uncle has a valid reason. Your rates for life insurance if a policy is started now is crazy inexpensive. Even when you hit 21 the rates start climbing. A policy for you now, assuming good health, and a fairly low limit is probably going to be in the $200/year range. It is a good thing to look into, expecially if you have any debt, etc. You can also talk with your uncle, and see what his reasons are and use him as a resource for advice. This is advice I wish I had had when I was your age.


Financial JUSTICE
Rating
Stand firm and tell him you don't want it right now. If he is a life insurance agent, tell him that if he continues to pressure you to buy it, you would report him to the state insurance commissioner of unfair practice.

If you are single, then you probably don't need life insurance. Unless you want your family to be financially well in case you die. I'm single and I bought a 30 year term policy. My beneficiaries are my parents and my brother and sisters. If I get married in the future, I can change the beneficiaries at anytime.

If you decide to buy life insurance in the future, you should do some research about this product. One guy already did all that work by compiling his research and putting it on the web. Check it out here: http://finance1o1.blogspot.com As an insurance agent, everything he wrote is completely true.


osocandeloso
ok people will tell you that you are too young to have life insurance but the truth is the younger the better ,it is cheaper and you don't know if by the time you have dependents you still be able to get it becuse of health. now look at it this way if you die would you rather live your parents 200,000 dls, or a debt of about 8,000 dls for cost of funeral. not to mention the heartache


Mr. Prefect
If you are married, and have dependents(wife and or children), then you need the protection insurance offers. If you are their breadwinner, and you die, then insurance will allow your family to live well.
Do not buy insurance for any other reason. Stand your ground.


aaron p
Your uncle sounds like a looser. If you needed life insurance, you should shop him around. People who buy financial products from friends or family "as a favor" sometimes wind up paying for that favor for a very long time.


LinkTheWorld
Rating
Tell him you dont want it yet because you are still saving for shorter term things like a down payment on a house.


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