Q&A
Asked by John Cole
Insurance Agent in Indian Trail, NC
Insurance Agent in Indian Trail, NC
Hello John,
One of your questions points
to the face amount (the death benefit) and the
other points to the cash accumulation. These
two different elements of your...
Q&A
Asked by Gbrown9014
Two questions. First, it will depend on the
"rider" that you have. Some are baked in and
do not come off. Others may be added on for a
period of time and then drop off...
Q&A
Asked by an anonymous user
Yes, Joseph, you can make your minor child the
beneficiary. However, it is in some ways, not
the best thing to do. First, think of the
future that you are setting up w...
Q&A
Asked by an anonymous user
Answered by Lenny Robbins
Insurance Agent in Redmond, WA
Insurance Agent in Redmond, WA
There is no best answer for this question
without knowing your objective.
Unfortunately, most people concentrate on
"how" to get there, without know where they
want t...
Q&A
Asked by tope2121
Hello there. First, the whole life policy can
be viewed as both a death benefit and also as
an "investment" since it accrues cash value.
Look at the death benefit part...
Q&A
Asked by larahackney
If your husband's life insurance is a term
plan (not Return of Premium), then the simple
answer is no, there is no cash back.
Also, if
it is a permanent plan with cas...
Q&A
Asked by james
Answered by Stephen Hartel
MBA, AIF in Denver, CO
MBA, AIF in Denver, CO
Your ability to buy term life insurance
depends on your age and your health. The price
for new term coverage increases dramatically
as you age into your 60s and 70s. M...
Q&A
Asked by an anonymous user
Do you have enough money to pay for your
funeral? If you do, then you don't actually
need life insurance. If you don't then you
might. If you prepay your funeral arran...
Q&A
Asked by Ambar
Yes - but it is life insurance first. With
riders added, you can have coverage for Long
Term Care, Critical Illness, Terminal Illness,
etc. What happens within the pol...
Q&A
Asked by Erin
No, policies do not generally adjust for
inflation. If you want an inflation
adjustment, try this: buy more coverage than
you need today. If I ask you how much it cost...
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