Archive for June, 2009

should we cancel our whole life insurance policy?

justme asked: 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. [...]

Insurance, Investment?

jewella503 asked: PLEASE TELL ME THE ANSWER FOR THE BLANK.
Whole life is comprised of Term Life Insurance plus an Investment component. It is much cheaper to buy _______ Insurance separately and invest in a low-cost Index fund, like Vanguard.Create a video blog…instantly.

I think my wife is cheating on me. What should I do?

Harry Enzyme Jr. asked: I keep finding strange men in her bedroom. Can they all be whole life insurance salesmen?Caffeinated Content

My ex Aunt is trying to get life insurance money on my grandmother?

asked: Hello everyone. I really need help. I just found something out that really didn’t sit with me to well. I have no idea if this can happen. So here I am asking for help. My Uncle was married for 25 years to a lady name Linda. My mother & I took care of [...]

how much would a dental xray be without insurance?

Reese. asked: I just turned 18, and don’t have health insurance, and I think I have two jaw abscesses and I need to get an x-ray. I just don’t want to spend my whole life paying it off!Website content

Should Keep or Look into term Life Insurance Quotes?

Nakr W asked: I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this [...]

How can i find out if one of my siblings has put up a life insurance on my mother?

?Miz? asked: The reason i asks is because my mom is 78years old and i have reasons to believe that one of my sisters put a life insurance on my mom without her knowledge.How can i check it out? i know that’s illegal but i don’t know how to go about it and i don’t [...]

Best whole life insurance company that isn’t that expensive?

samantha mae asked: My husband is planning to start driving a cab in the next few months. I have life insurance that my mother pays on, but we want to start a policy with a good company for my husband that is whole life, any recommendations?Caffeinated Content – Members-Only Content for WordPress

So why buy whole life insurance at all?

RedStorm asked: I’ve dedicated much of the past month researching life insurance. A metlife rep swears whole life is the best thing since “sliced bread” and has dedicated much of her time selling it to me. All of my research indicates to “Buy term and invest the difference” which is what I plan on doing. [...]

Is there any way around the cancellation fee for whole life insurance?

iwarshak asked: I have around $4,000 dollars in my whole life insurance policy. A year or so ago, I decided that this type of “investment” is not for me so I stopped funding it.
When trying to “cash out” of this policy I discovered that there is a $5,000 surrender fee, which would leave me [...]