Whole Life Insurance Nook-Shops. Com

Question by : How do I choose the best life insurance policy for me?
I’m 33, married with kids. I want to make sure they’re taken care of when I’m gone. I know that life insurance isn’t the best investment but with no windfall to invest with currently, it’s all I’ve got. How do I choose the best policy? I should note that I appear to be high risk according to the few online insurance quotes I’ve gotten so far.

Best answer:

Answer by Nicholas
Hi Ratrider, as an independent life insurance agent, let me see if I can help. You choose the best policy by an advisor looking at your goals, budget and needs. Once I find that out I can give you advice as towards why this or that policy would work for you. Anyways feel free to shoot me an email so i can see if I can give you some information that can fit in your shoe.

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Question by Zamunda: Does Sprint take out life insurance policies on their workers?

Best answer:

Answer by Cold
They allow you to have life insurance so that you can protect your children financially in case you die.
They may give you one year’s salary for free as a benefit.
Any more – you will have to pay a very small premium for…

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Question by : Insurance policies: life, health, and liability, which type is the riskiest for insurance companies?
What types are the safest? Im trying to learn as much as possible about insurance company stocks.

Best answer:

Answer by B1
I think ….

Health is the riskiest. Its very specific in terms of terminal illness and inability to work due to mental, physical illness.

In most policies I think health is.
Life is cut and dry- once your dead.
Liability is more about legalities and been wrongful….

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Question by : what are some health insurance pros n cons and also what are some pros of cons of life insurance?
all types and forms of health insurance and life insurance

and also if you don’t mine me asking do you have health insurance (and)or life insurance
also do you make more or less than $ 3000 a month.
i just need the yes or no, no name will be recorded
its for my school ss fair project

Best answer:

Answer by Scooter Power
Life insurance allows you to pass money to your heirs tax free. That same money in an account would be taxed at a very high rate. I have both health and life.

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Question by derickholloway: Can a 30 yr old child take out life insurance on a parent?
neither one of my parents have life insurance and if they purchase it they will not purchase much coverage.

Best answer:

Answer by MVD34
No, not generally, unless…

You are financially dependent upon them, or their death would have significant financial impact on your life and they give their permission.

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Question by Lydia: How does Life Insurance work?
I don’t live with my parents anymore. I don’t know if I even have life insurance or how to get it.

Best answer:

Answer by maxmom56
Why do you think you need it? If you have no dependents, you don’t need life insurance.

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Question by ashley_chibimaruko: what’s the relevance of time value of money issues to policies of life insurance?
may refer to ways in which the principle of time value of money is used by life insurance companies when setting insurance premiums,recognising that the people seeking such policies each have different characteristics.

Best answer:

Answer by Marcella S
When you buy life insurance, you give money to the insurance company, and they don’t have to pay your beneficiaries the amount of the insurance until you die, which will probably be many years. In the meantime the insurance company invests the money in various financial instruments, with the expectation that these instruments will increase in value. The longer the company has to invest the money, the more they can expect to earn.

The time value of money refers to the fact that an amount of money now will be worth more in the future, if it is invested. that’s how the company makes enough money to pay the benefit. The longer you live, the more time the company has to invest the money before it has to pay up. The older you are when you buy the insurance, the amount of time you have to live before you die is smaller. Also, the worse health you are in when you buy the insurance, the amount of time before you die is also smaller. That’s why older, unhealthier people have to pay more premium for an insurance policy than younger, healthier people. It’s all because of the time value of money—the more time the company has to make more money off the premium you pay.

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Question by h445cn: is internship at primerica legit or even good?
i found an internship offer at primerica and in which i went for an interview and all. after several of weeks, i got a reply back saying that i got the internship which last for about 6 months. i was told that in return for working there, i would get:
1) Work experience in finance & business management. (Work in the office of a Regional Vice President)
2) Letter of recommendation
3) Possibility of being sponsored for (A) mtg broker license, (B) life insurance license, and (C) series 6 (investment) license
4) $ xxx stipend (plus potential bonus)

now i am wondering if this is something that I should do or are there any catches to it? ( FYI: i am a business major)

Best answer:

Answer by primericaisbad
How much will it cost you to “intern”?

Primerica is a multi-level marketing company (the only way to make as livable income is by recruiting a lot of people into the company). I’d be willing to bet you’re being recruited under the guise of being an intern. The next step is they’ll tell you that you need to be licensed and you’ll need to pay $ 100 for a background check.

Then, they’ll ask you to provide the names/numbers of everyone you know so they can “teach” you how they do their marketing. They’ll try to sell/recruit every one you know, making you feel awkward. Long story short, you’re being fooled. It’s not a surprise, the company operates on misleading statements all the time. Quite honestly, you wouldn’t even learn anything of value there anyway. Primerica is the one-trick pony of financial services. If nothing else, you’d learn to stay away from them and many other multi-level marketing companies in the future.

Stay AWAY!

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Question by Wisen Smart: What is the advantage of a “second to die” life insurance policy as opposed to a regular individual term?
I see the advertisings on this type of policies. My husband and I are planning on taking out a life insurance policy each, making each other the beneficiaries…

What’s the difference?

Best answer:

Answer by the tax lady
It’s commonly believed that when one spouse dies, all assets will go to the other spouse. When the 2nd spouse dies, all assets go to the children. The demands on the money will be different when the 2nd parent dies. After all you can’t leave the money to the first spouse as they are dead.

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Question by vtech_02: How difficult is it to rival a life insurance claim?
My father informed me that he wanted to make me the beneficiary of his life insurance policy 11 days before he passed away. He did not have a chance to make the update with MetLife. So, my step-mother is still listed as the beneficiary and all I have as proof that he wanted me to be the beneficiary and NOT her is an email that he sent to me. We live in Arkansas and I am my father’s only child and closest living relative.
What are my chances of getting the money?

Best answer:

Answer by Shadow of the Bat
if you don’t have a signed documentation and a witness, it’s going to be tough.

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