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Tag: Whole Life Insurance


Good Reason For Whole Life Insurance Quotes?

by on Feb.09, 2010, under finance

Good Reason For Whole Life Insurance Quotes?

I have a whole life policy, through the Nights of Columbus. There is a respected financial advisor, Suze Orman, who seems so adamnant that whole life is not a swift move. She makes it sound as if there is not one reason to own whole vs term. Are there any good reasons for owning whole?
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What is the difference in whole life insurance and term life?

by on Feb.09, 2010, under finance

What is the difference in whole life insurance and term life?

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should we cancel our whole life insurance policy?

by on Feb.09, 2010, under finance

Should we cancel our whole life insurance policy?

we bought a whole life policy for a couple of years ago b/c we liked the "safety" of not losing our money(the way u do w/ term)–anyway we have since learned that u don't make any money this way and it's better to take those premiums and put them in better returning investments. we already have a huge chunk of money in this whole life policy that will be down the toilet if we cancel. what should we do? can we convert it back to term?
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Should we have whole life insurance?

by on Feb.09, 2010, under finance

Should we have whole life insurance?

My husband is 26 yrs old and he bought whole life insurance. I tried to tell him to get term sicne we are so young, but he wouldn't listen. Can anyone help me?
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How do I calculate the IRR of a Whole Life insurance policy in Excel?

by on Feb.09, 2010, under finance

How do I calculate the IRR of a Whole Life insurance policy in Excel?

Column A lists the fixed annual premium each and every year and Column B lists the Death Benefit which is growing every year.
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How do I locate Gulf life company insurance?

by on Feb.09, 2010, under finance

How do I locate Gulf life company insurance?

NEED TO KNOW WHO GULF LIFE INSUANCE COMPANY BECAME,IF THEY STILL R,AND HOW TO COLLECT ON WHOLE LIFE INSURANCE, JACSONVILLE ,FLA POLICYS DATE FROM 1950TO 1988,NEED TO KNOW WERE TO GO TO COLLECT,SO WE CAN AFFORD FATHERS FUNAREL THANK YOU
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Life Insurance: Variable Life vs Whole Life, which one is really better?

by on Feb.09, 2010, under finance

Life Insurance: Variable Life vs Whole Life, which one is really better?

Is Whole Life premium more money than Variable Universal Life? I asked for a Whole Life insurance quote from one of the big insurance companies around, instead the agent tries to convince me that I should go with Variable Universal Life. He said Whole Life premium is always higher than Variable Life. He generated a printout for Variable Universal Life but not for Whole Life. I just want my premium to remain fixed in my old age and dont want the death benefit to fluctuate hence I prefer Whole Life. He stated that the death benefit is guaranteed for VUL. Is it really? I have a feeling it's not and that the premium for VUL will increase in my old age since it's dependent on my market investment. I'm beginning to think that his commission for selling Variable Life is more than selling Whole Life. I'm 37 female, non-smoker, in good health. I dont believe Whole Life premium would be that much higher than VUL. Any input is appreciated.
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what is the current cash surrender value of a whole life insurance policy?

by on Feb.09, 2010, under finance

What is the current cash surrender value of a whole life insurance policy?

Is this the amount I would get after I cancel a policy?
My policy shows this amount minus loans asnd interest and plus dividends and go-rider cash values.

I can no longer afford the premiums.

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