should I buy annuity?

henry y asked: Hi I like to know, I should open the annuity account, I am 40 years old and I have 401k, Roth IRA and reqular whole life insurance with me for 15 years, I also have 30 years Fit term life, I have some extra $50,000 to invest, is that good idea that [...]

How do I make sure my daughter is taken care of?

Devon asked: I have a 2 year old daughter and lately I’ve been feeling like I really need to get everything in order for her in case anything happens to my husband and me. I am in the process of creating wills for both my husband and myself naming each other as the beneficiaries [...]

don’t be fooled by agents when buying life insurance?

osocandeloso asked: if you buy whole life they tell you you can borrow “your money” but you have to pay back with interest because if you don’t if you die the company will deduct the money you borrow from the death benefit sya you have 100,000 insurance and you take 20 and don’t pay it [...]

What do you think about taking out a life insurance policy on A drug addict you KNOW his death is imminent?

Zarathustra….alas asked: This was thee best category I could find. I am trying to gain insight from you dealing with the MORAL AND ETHICAL aspects of this.
I know several drug addicts, many really, but several of them REALLY do not care whether they live or die. They will shoot as much dope as money they [...]

Does any one know how a cash value life insurance policy work?

jeffery d asked: My aunt has a whole life policy $10k on her and one for her husband for $10k – $25/month with $4k in the cash value account
They are in their early 50’s
When they die how does the money sent to the family coverage is as it is unless a loan is out how [...]

Leaving estate and money to a minor upon my death?

Diane B asked: I am divorced, and am working on a will and have a whole life insurance policy. If I die, I want my 9 year old son to inherit everything but he’s too young to be an official “beneficiary” and the money will have to be put in some sort of “trust”, [...]

What exactly is term life insurance?

MotherNature asked: in details please..but i hear you can cash it in..what does that mean…i know what it mean mean…but like what does it mean when it comes to..are you going to owe them something if you cash it in..basically what is the whole process of term life…i dont want to waste money on [...]

Is Gerber Whole Life Insurance A Worthwhile Investment?

lemons asked: My son is 6 months old, and since he’s been born, we keep getting sales materials from Gerber regarding their Whole Life insurance plan. It sounds great, but I am clueless about this kind of stuff and don’t know if it is truly a good and worthwhile option for our son. My husband [...]

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 [...]

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

bizygal asked: 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 [...]