Term Life Insurance

Tag: Term Life Insurance

About life insurance policy?

by admin on Feb.09, 2010, under finance

About life insurance policy?

Larry Sorich, as part of his estate planning, assigned his $100,000 group term life insurance policy to his niece. Larry's employer provied for only $50,000 of coverage; therefore, the niece paid for the premiums on the supplemental insurance. Larry did not include in gross income the premiums for the supplemental insurance. Larry's adccountant challenged him on his arrangement. who prevailed and why?

1 Comment :Gross Income, Group Insurance, Group Term Life, Group Term Life Insurance, Insurance, Insurance Life, Life Insurance Policy, Niece, Premiums, Sorich, Supplemental Insurance, Term Insurance, Term Life Insurance, Term Life Insurance Policy more...

Should I continue to pay my term life insurance premium?

by admin on Feb.09, 2010, under finance

Should I continue to pay my term life insurance premium?

I am a 51 year old female. My policy date of issue was 6/16/96. Years payable: 15. Benefits: $250,000. Annual premium (billed quarterly at $80.16) is $302.50. I have already prearranged my cremation worldwide through Neptune Society. I have twins in their first year of college.

5 Comments :Cremation, Insurance, Insurance Premium, Neptune Society, Term Insurance, Term Life Insurance, Twins more...

Is a blood test and urinalysis necessary when obtaining term life insurance?

by admin on Feb.09, 2010, under finance

Is a blood test and urinalysis necessary when obtaining term life insurance?

5 Comments :Blood Test, Insurance, Term Insurance, Term Life Insurance more...

Does anyone know anything about long term life insurance?

by admin on Feb.09, 2010, under finance

Does anyone know anything about long term life insurance?

The kind that you can take money out when you are older and is like a retirement fund? What kind are the best?

9 Comments :Insurance, Money, Retirement Fund, Term Insurance, Term Life Insurance more...

How should I go about choosing a term life insurance broker/company?

by admin on Feb.09, 2010, under finance

How should I go about choosing a term life insurance broker/company?

I'm married with two children and have one more on the way (very early on in the pregnancy). I'm 29yo, but my father passed away of a heart attack when he was 39. I'm having trouble going the easy route… ie, online, and need some advice on how to choose someone.

5 Comments :Advice, Broker Company, Heart Attack, Insurance, Insurance Company, Life Insurance Broker, Pregnancy, Term Insurance, Term Life Insurance more...

Life insurance companies and mental health issues?

by admin on Feb.09, 2010, under finance

Life insurance companies and mental health issues?

Someone I work with is interested in buying a term life insurance policy but is afraid she won't get coverage because she has had some situational depression and has had a suicide attempt as a minor.

Do life insurance companies dig up health information of as far back as your health records go (minors?)?

1 Comment :Back Health, Health Information, Health Insurance, Health Mental, Health Records, Insurance, Insurance Health, Insurance Life, Life Insurance Companies, Life Insurance Policy, Mental Health Issues, Situational Depression, Suicide Attempt, Term Insurance, Term Life Insurance, Term Life Insurance Policy more...

Is a whole term life insurance with a retirement plan a good idea?

by admin on Feb.09, 2010, under finance

Is a whole term life insurance with a retirement plan a good idea?

I had a meeting with and finace agent about geting my retiriment ready and he tried to sell me whole insurance with retirirment I have term insurance right now

10 Comments :Insurance, Insurance Plan, Retirement Plan, Term Insurance, Term Life Insurance, Whole Term Life Insurance more...

Should I unload my Variable Life Insurance?

by admin on Feb.09, 2010, under finance

Should I unload my Variable Life Insurance?

I have had this variable term life insurance policy for almost 10 years now and it hasn't kept up with the projections the sales guy told me 10 years ago. This is mainly due to the high fees. About 55% of my yearly contribution is lost in "fees". There would be a surrender charge if I were to withdraw. Should I take the hit or keep putting an annual contribution into this account? I do have life insurance through work should anything happen.

5 Comments :10 Years, Insurance, Insurance Life, Insurance Work, Life Insurance Policy, Surrender Charge, Term Insurance, Term Life Insurance, Term Life Insurance Policy, Variable Life Insurance more...

Which of the following best describes term life insurance?

by admin on Feb.09, 2010, under finance

Which of the following best describes term life insurance?

A. The insured is covered during his or her entire lifetime.
B. The insured pays the premium until his or her death.
C. The insured pays a premium for a specified number of years.
D. The insured can borrow or collect the cash value of the policy.

4 Comments :Insurance, Lifetime, Term Insurance, Term Life Insurance more...