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 Leah
Answered by Michael Zaino
President & CEO, TZG Financial in Charlotte, NC
President & CEO, TZG Financial in Charlotte, NC
Leah, this is such a subjective question and
has many variables. It really depends on
whether or not anyone will suffer financially
should you pass away. There are two...
Q&A
Asked by Wanda Langley
Answered by Jed Maslowski
Insurance Agent in Scottsdale, AZ
Insurance Agent in Scottsdale, AZ
Hi Wanda,
Ironically, I am working on a
very similar case as we speak! Short Answer:
All depends on your budget and how much
coverage you need.
If you want t...
Q&A
Asked by Heather
Hello Heather. It is always better to point
that kind of question at the situation that is
uniquely yours before offing an opinion or
advice. "Is it better...?" actual...
Q&A
Asked by Ron
Answered by Larry Gilmore
Insurance Agent in Marysville, WA
Insurance Agent in Marysville, WA
You might be able to find a small guaranteed
issue plan or graded benefit plan (one that
returns premiums if you pass in the first two
years.). Unfortunately, your sit...
Q&A
Asked by trish
Hello Trish,
At first glance, that
question stopped me. Here is why. Replacing
current coverage means that you found
something that would solve a problem that the
...
Q&A
Asked by Erin
Hello Erin,
Table ratings are extra cost
additions to a Standard rate class approval.
Across all carriers, there are Rate Classes
(some nomenclature differences exi...
Q&A
Asked by an anonymous user
Hello Anonymous. The answer will depend on a
number of things, but the short answer is that
I have a high opinion of IUL. But that is
because the set of reasons that I...
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