$500k Whole Life Insurance quote?
Approximately how much annual premium for this quote with these stats: - 24 year old male - excellent health. - Height: 5'7'' Weight: 160 lbs Quotes only from insurance companies with good ratings (no sub-par companies).
Public Comments
- You'll need to contact a local agent to get a quote. And, "sub par", what does that mean? B rated? D rated? You can't get a quote on line.
- Read what dave ramsey or suze orman (both are consumer finance experts that have written many books on consumer finance issues) and they will tell you that the only type of insurance to buy is term life insurance due the fact that any amount in the whole life policy savings portion would be gaining a much better rate of return by being in an investment outside of an insurance policy. NEVER mix insurance and savings or investments or retirement. It is a sure fire way to overspend and short yourself later in life. Dont take my word alone for it, go to Daveramsey.com and type in life insurance.
- Get your doubts about insurance program procedure solved here. http://theinsurancegroup.blogspot.com
- Dave Ramsey and Suze Orman are not worth the read if you are looking at building real wealth. Barring any other financial advice, they are good for middle of the road average joes that don't know any better, but anyone that actually wants to get anywhere, doesn't look to them for advice. your best bet is to contact an insurance broker directly as prices will vary from state to state. An insurance broker will be able to shop the market for you and find the best company/product to match your needs.
- It is a Common situation many people have met,calm down,and check the resource i found useful.http://www.healthinsurance-onlinetips.info/health-insurance-for-free.htm
- Should be no more than $250/mo, limited medical questions and probably a paramedical exam. I ran 3 quotes, $241, $244, $267 were the answers; that's with waiver of premium (protects policy if you become disabled and can't pay before age 60) These are all A+ rated companies what state?
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