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what is the value of a 20yr pay whole life insurance policy worth today paid up 20 years ago $1000.00 face val
February 8th, 2010 by admin
What is the value of a 20yr pay whole life insurance policy worth today paid up 20 years ago $1000.00 face val
has it been drawing interest for the 20 years ago that it was paid in full?
Filed under: finance | 4 Comments »
How do I determine if Term or Whole Life Insurance is best for me?
February 8th, 2010 by admin
How do I determine if Term or Whole Life Insurance is best for me?
Filed under: finance | 6 Comments »
What time of whole life insurance can you use as an investment vehical and how?
February 8th, 2010 by admin
What time of whole life insurance can you use as an investment vehical and how?
Filed under: finance | 6 Comments »
I want Whole Life insurance and Gerber Life insurance seems good for my Newborn boy. Should I get it too?
February 8th, 2010 by admin
I want Whole Life insurance and Gerber Life insurance seems good for my Newborn boy. Should I get it too?
It says 8.40 for me for 10k and 3.70 for each 5k I want to go higher. For my girlfriend it says 7.80 for the first 10k and 3.40 for each 5k extra. Does this sound like a decent deal?
Filed under: finance | 12 Comments »
I bought Whole life insurance in 1990, has not done well. How can I get better return on this? Cash / reinvest
February 8th, 2010 by admin
I bought Whole life insurance in 1990, has not done well. How can I get better return on this? Cash / reinvest
return rate is really bad. Was suppoese to pay for itself after 7 yeras. has not done that. Now has negative premium, keep on reducing total insured amount with age.
Filed under: finance | 7 Comments »
Life insurance trying to skip out. What to do?
February 8th, 2010 by admin
Life insurance trying to skip out. What to do?
Life insurance trying to skip out. What to do?
So my Dad was diagnosed with cancer three years. They went to any insurance company about two years ago and he told them that he had cancer. They said no problem we insure cancer patients and gave him whole life insurance. Valid the moment he signed. So now he passed away in December and the Insurance company is saying that he lied about having cancer and they won't pay for his funeral. they just refunded my step mom the money he paid toward it. Is there anything I can do to get them to pay up short of knocking their teeth down their throats?
So my Dad was diagnosed with cancer three years. They went to any insurance company about two years ago and he told them that he had cancer. They said no problem we insure cancer patients and gave him whole life insurance. Valid the moment he signed. So now he passed away in December and the Insurance company is saying that he lied about having cancer and they won't pay for his funeral. they just refunded my step mom the money he paid toward it. Is there anything I can do to get them to pay up short of knocking their teeth down their throats?
Filed under: finance | 1 Comment »
My mother has a whole life insurance police. Can she surrender the policy for the cash value? She's 86 yrs old?
February 8th, 2010 by admin
My mother has a whole life insurance police. Can she surrender the policy for the cash value? She's 86 yrs old?
She is currently in a nursing home with Alzheimers and awaiting word from Medicaid, in the meantime we need to pay the nursing home out of pocket.
Filed under: finance | 10 Comments »
Difference between Whole life insurance and Term life insurance?
February 8th, 2010 by admin
Difference between Whole life insurance and Term life insurance?
Which one is better
and What are the differences between them?
and What are the differences between them?
Filed under: finance | 4 Comments »
In lamens terms, can someone explain the difference between Term and Whole Life Insurance?
February 8th, 2010 by admin
In lamens terms, can someone explain the difference between Term and Whole Life Insurance?
Filed under: finance | 3 Comments »
Taxable income on whole life insurance?
February 8th, 2010 by admin
Taxable income on whole life insurance?
I have a $200,000 life insurance policy that has a $100,000 loan on it and the company says that I must pay $4000 minimum to keep the policy in force. I am 70 years old and if the policy lapses the company says they will report a $100,000 gain to the IRS. Can I transfer this policy ownership to my daughter and then let it lapse to avoid the tax?
Filed under: finance | 5 Comments »
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