I used to own whole life insurance until I learned the hard way about the truth behind it. A life agent said cash value was a great way to build savings for retirement and that I can use it anytime. That sounded pretty great and so me and my husband bought it. about 28 years [...]
Archive for the ‘Life Insurance’ Category
What type of life insurance do you have and why you have it?
Posted by on September 14th, 2011
Posted in Life Insurance 
Tags: brother, life insurance agents, retirement, surrender charge, term life policy 
No Comments »What exact is whole life insurance, and how do life insurance companies profit from selling it?
Posted by on July 26th, 2011
Agents are always extremely keen about selling my family whole life insurance instead of term. according to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. however, why would the insurance company profit from such [...]
Posted in Life Insurance Tags: beneficiary, company profit, health insurance, insurance companies, insurance company 3 Comments »Can a life insurance company cancel a policy within the first two years of inception if suicide is suspected?
Posted by on July 3rd, 2011
My friend has a term life insurance policy that is less than 2 years old. She entered the hospital recently for a newly diagnosed bipolar disorder and had admitted to thoughts of suicide. within 2 months of her stay and diagnosis, her term life insurance policy was canceled by the insurance company for reasons of [...]
What kind of life insurance should my husband get?
Posted by on June 30th, 2011
We are looking to get a life insurance policy for my 25 year old husband. we have three young children so we're trying to figure out what would best provide for the family if God forbid something were to happen to him. Without knowing your specific financial situation or goals, the general rule is term [...]
What happens to the Life insurance policy if the petitioner gets a death sentences?
Posted by on June 15th, 2011
I'm just curious about the following scenario Lets say someone has a life insurance and get a death sentences. Would the life insurance policy be automatically void? Yea it is against the law for someone to receive life insurance benefits relating to an illegal activity. it will be void it is in the contract that [...]
Posted in Life Insurance Tags: illegal activity, life insurance benefits, life insurance policy, petitioner 3 Comments »How long does a life insurance company keep a death certificate?
Posted by on June 6th, 2011
If a person who died many years ago was said to be listed as beneficiary on a life insurance policy of a relative, and the insured relative died last year, about how long does the average insurance company hold the certificate during its investigation? Weeks or months? Does it make any difference that both people [...]
Posted in Life Insurance Tags: beneficiary, death certificate, heir, insurance, insurance company, life insurance policy 6 Comments »What life insurance is best for a husband and wife who are newly pregnant?
Posted by on June 6th, 2011
My sister and her husband just found out they're pregnant, and now her husband is researching life insurance. Which is best for a new family? they make average income for a couple. Sorry, it doesn't matter. While wifey is pregnant, no one will give EITHER of them life insurance. After the baby is born, the [...]
Posted in Life Insurance Tags: average income, buying life insurance, good luck, insurance, level payments 9 Comments »Being a new life insurance agent, what are ideal ways to enhance portfolio of life insurance customers?
Posted by on May 8th, 2011
One year down the line in life insurance business, I feel lack of custmers affecting my growth. I'd like to grow my portfolio of customers using new ways to market myself. till now I have used friends and relatives and past customer base as my target audience. how do I target the strangers market and [...]
Posted in Life Insurance Tags: customer base, insurance, life insurance agent, life insurance business 37 Comments »Life Insurance
Posted by on May 6th, 2011
Getting a life insurance is very important for anyone who desires to safeguard the future of his family. Since life is very unpredictable, it is essential to make sure that in case of your unforeseen demise your dependents do not have to suffer financially. People have kids or other family members who do not earn. [...]
What kind of life insurance companies are there in South Carolina?
Posted by on May 4th, 2011
In the next two years I am planning to move from Detroit, MI,and I am trying to find out everything I can aboout South and North Carolina. I am a professional Life insurance Agent/Staff Manager,and that's why I want to know. I'm 57years old and I need to know about their cities,and which ones would [...]
