All Life Insurance Tips

Is employee paid voluntary term life insurance covered under cobra laws in PA? If an employee pays for additional term life insurance and is terminated, is that employee entitled to keep that term insurance? The state in question is Pennsylvania. I know that health insurance is covered under Cobra, but is term life insurance covered under any laws?

How long should I get a term life insurance policy for? I'm researching term policies to cover the shortfall for life insurance from my work. How long is reasonable to get a term policy for? Term to 60, 75 or 100 years?

What is the best company to buy term life insurance? I'm trying to find a company to purchase term life insurance. I want a good brand and not some scam. Thanks to anyone that replies.

Exactley how does term life insurance work? Whats the difference between regular life insurance and term?How does term work?

Should I get private term life insurance? I'm 39 and have life insurance through my employer. I could probably obtain private life insurance for the same rate. Is it wise to get non-employer term life insurance now (before I'm 40)? I may not stick with my current employer for another ten or twenty years, but I'll probably be here for a few years. Is there any downside to waiting to obtain term life insurance elsewhere? Solution243--Looks like you have no real answers but send everyone garbage links (for scam, perhaps?). Or maybe the same link (from you) really does answer both this question AND someone else's question about how much he should be paid for working at a deli in New Jersey. I work for the federal government. The rate is decent, though I might be able to get a little better.

What does Term Life Insurance mean with no surrender value? If I had a 15 year Term Life Insurance at $100,000. with no surrender value. What would it be at the end of 15 years. Can I collect the full amount on this type of insurance?

Usually what is the typical premium for Term Life Insurance? I am planning to go for Term insurance. Usually what is the premuim? (I know it will vary across different insurance companies, but I guess there wil only be a small varition across) Say I need a cover of 25 lakhs for 25 years

Can you buy additional term life insurance policies? We each bought a term life insurance policy about four years ago (they last 30 years) but are now thinking the amount we chose is not enough. Can we get additional term life insurance for higher amounts to "add on" to the first policy?

Difference between term life insurance and permanent policies? My insurance company is offering a term conversion credit if I switch to permanent insurance. What's in it for them, and what is permanent insurance? Whole life? Any benefits for me to change?

when the term is up on term life insurance, what happens to the money you paid? do you get it back? im in my early twenties and im looking for life insurance outside of my job. i want to know if you sign up for term life insurance and the term is up what happens with the money you've paid? or is it just better to sign up for whole life insurance?

Does anyone know if whole life insurance is better than term life? Say your in your late 30's and completely healthy, have a term life insurance for 250k for 20 years and you dont die in 20 yrs, your now close to 60 and have to start over dont you? Any advice would be helpful! Thanks!

Do I need both term life insurance and universal life insurance? My Statefarm rep is suggesting I transfer my 5 year term insurance (which is over at the end of July) to two different life insurances - a 20 year term insurance and a universal life insurance policy - does anyone else have both? I don't see why I can't just get the universal life insurance, since I'll get money back from it later and you get nothing from the term life insurance. I don't necessarily want the universal life insurance because I may be able to get money back on it later - I just want what I'll need in case something happens to my husband or myself while our children are under 18. This may sound like a dumb question, how do I find an independent insurance agent?

Is a whole term life insurance with a retirement plan a good idea? I had a meeting with and finace agent about geting my retiriment ready and he tried to sell me whole insurance with retirirment I have term insurance right now

How to find good term life insurance? Looking to get life insurance on myself. Need to replace 70K per year income in the event of my death. Need to support my wife and 4 year old son. What type of insurance would be best, and what type of investment advice could be given for my family to invest the money and live off the interest, leaving the principal untouched?

Is it better to have term life insurance or whole life insurance? I am 26 years old and just had a baby and want to know which insurance is better whole or term. How do I determine how much to get? Who besides my daughter if anyone should be the beneficiary? Note: Her father and I aren't married but I was considering leaving him a percentage so that he could have extra $ to provide for or daughter if neccessary - Is this a good idea?

Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies? Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies within 15 years, and 0 for each partner who does not die within 15 years. The remaining lifetimes of the two partners are independent and each are uniformly distributed on [0, 15]. Determine the moment generating function of the total amount the insurer pays for the partners.

Why do financial experts say term life insurance is better than whole life? I've heard it from Suze Orman, I've read it in Personal Finance for Dummies, but why do these life insurance agents keep telling me that Cash Value is better at protection than Term?

Can I buy term life insurance for my aunt who lives in CA? I live in Florida and was just wondering if I can purchase a term life insurance policy for my aunt in California? Will the term life insurance policy be in my name or her name, because I will be paying for the policy?

question about term life insurance trying to figure out something,? If a person brought a 400,00 term life insurance policy how much would the family get upon death. How exactly does this work. I know the insurance company just give the family 400,000 upon death, if that was the case everyone would have insurance. So, how exactly does this work?

Question about purchasing term life insurance while awaiting a universal policy..? I recently applied for univeral life insurance. Can I purchase term in the meantime..? ..In other words, can I purchase term life insurance while awaiting confirmation of my universal policy - with the same insurance company (I know I will be approved for universal because of my good health). Please, informed answers only. Thanks everyone.

Can someone tell me the difference between Whole Life and Term Life insurance? Help? I'm not sure if this is the right catagory, but I need some answers before I change insurance companies, so any help here is greatly appreciated.

After a 10 year term life insurance expires, should the premiums double for the next 10 years? When we got our policies I was 24 and my wife was 29. We got our renewal notice for the next 10 years and they are now over twice as much. Is that common or just our insurance figuring they already have us so they will charge more?

Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies w Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies within 15 years, and 0 for each partner who does not die within 15 years. The remaining lifetimes of the two partners are independent and each are uniformly distributed on [0, 15]. Determine the moment generating function of the total amount the insurer pays for the partners.

How many term life insurance policies can you have? Wanted to know if you could have multiple without it being a problem upon a claim.

What type of income is group term life insurance, when doing an income tax return? There are so many types of income, but under which one does it go?

Does any company offer "Annual renewable term" life insurance in India? Isnt it a better option than Level term? I wish to go in for a pure-risk poicy only, as i believe that insurance and investment should not be mixed up. Any suggestions regarding the same. It seems to me that LIC and SBI are the ones offering the lowest quotes for level term insurance plans. Which plan and which term is best to go for, for a 28 year old..

What is the difference between whole and term life insurance? Which one is better to provide for your families needs if something happed to you?

is it true that a term life insurance plan doesnt pay out tthe full policy amount when you die? example...my term ploicy is worth 30000. when i die, will the whole 30000 be given to me? term type - renewable and convertible also, which company has the best term plans?

Short term life insurance for flight? I am flying to India in a couple of months. What's the cheapest way to get life insurance for that particular flight?

What is the difference between a whole life and a 10 or 20 year term life insurance policy? And what company has the best price available? In the USA...

What term life insurance options are available for people with heart issues? For instance, on meds for high blood pressure, beta blockers, etc.

Any disadvantages to having two (20 & 30 yr) term life insurance policies for half the amount each? This is in place of one 30 yr term life policy for the entire amount. We have quotes that show a lower combined premium when we split the policies; by about $200 a year. Insurance is for 41 year old male, preferred plus category.

What is the benefit of term life insurance over other types of life insurance?

What is the term life insurance for someone 50 years old? Looking for about $300k for 20 years. -- Thanks. Should be --> What is the 'best' term life insurance for someone 50 years old? Financial Answer Guy - Male - 50 - Never Smoked - Excellent Health - Pittsburgh, PA Can I ask who (what company) has the $56 per month policy? Thanks for all the answers so far...... Financial Answer Guy - Is there an email address I can reach you at? Thanks.....

What is the difference between whole life insurance and term life insurance?

Is it true that term life insurance rates will be decreasing in 2008? Will it happen right away or gradually throughout the year if so? I was ready to buy our policies a couple of weeks ago until I saw a large article published about the probability of this happening...

What medications being taken can cause an increase in premiums for term life insurance?

Which of the following best describes term life insurance? A. The insured is covered during his or her entire lifetime. B. The insured pays the premium until his or her death. C. The insured pays a premium for a specified number of years. D. The insured can borrow or collect the cash value of the policy.

Does anyone know anything about long term life insurance? The kind that you can take money out when you are older and is like a retirement fund? What kind are the best?

Should I continue to pay my term life insurance premium? I am a 51 year old female. My policy date of issue was 6/16/96. Years payable: 15. Benefits: $250,000. Annual premium (billed quarterly at $80.16) is $302.50. I have already prearranged my cremation worldwide through Neptune Society. I have twins in their first year of college.

What is the difference between whole life insurance and term life insurance? Which is better?

What are out-of-pocket policy premiums in a term life insurance?

Term or Whole life insurance which is best for 18 yr old female and what is the difference? Is $12 per month a good premium for a 30k term life policy for the 18 yr old female? Everyone should have some life insurance coverage to pay for funeral expenses. I believe this is what she wants it for that and a little something to pay off any bills she may have. I thought it was a bit too high for only 30k.

What does a term life insurance medical exam consist of? And what companies do people recommend.

What factors help you pick one life insurance company over another, that offer similar quotes on term life.? I have 2 life insurance companies that are offering me very similar quotes (annual premium) on term life insurance. What factors do I need to keep in mind, when deciding which one of them to go with.

What is a good company to get term life insurance. How much should we expect to pay?

Why you would be better off buying a 20 year term life insurance policy at age 25......? Why you would be better off buying a 20 year term life insurance policy at age 25 rather that buying a one-year renewable policy?

Is there anywhere you can get term life insurance with you have mental problems and drug problems?

What happens when you cancel a short term life insurance, will you have to pay anything?