Tag Archives: life insurance policy
What is the max life insurance for spouse of microsoft employee?
If a male microsoft employee has about 0,000 life insurance policy, how much would his wifes policy be if he maxes it out. Any web site that shows microsoft life insurance policies would be helpful.
what is an approximate cost of term insurance for 30 years?
I am 61 years and healthy. I am cashing out an old life insurance policy that I have to get rid of. Is there 30 year term ins.? I have been quoted on 20 years but women in my family tend to live beyond 81 years. I have many reasons to need a policy.
What Is Whole & Universal Life Insurance? | LifeInsure.com
What Is Whole & Universal Life Insurance? Whole life and universal life insurance—known as “permanent” life insurance”—truly last a lifetime. Their premiums are higher than with Term Life Insurance, but they accumulate cash value—a tax-deferred savings account. Initially, you pay more than the actual cost of the insurance, building up a reserve that earns interest. … Continue reading
Does term life insurance take into account the combined income of a married couple?
I have seen around the internet that the maximum Term Life Insurance policy allowed for a person in their 20s is usually 20 times their income. However, I was wondering if there are any policies that take into account the combined household income. If a husband and wife both make ,000 a year, are they … Continue reading
Can I convert my Adjustable Life Insurance policy to Term Insurance?
I currently have a 0,000 Adjustable Life Insurance policy and want to convert it to a 0,000 20 Year Term. Can I do this or will I have to surrender the policy and start a new policy? I checked my life policy and there is nothing mentioned about any type of conversion. Just curious about … Continue reading
What options are availible to me for life insurance for my father who has pre existing conditions?
My dad over the past several years has seen his health go down hill, and until recenly, i have not been able to afford a life insurance policy for him. He has had strokes and heart attacks, so there are some pre existing conditions. Are there any life insurance policies that are affordable, that would … Continue reading
Long term care insurance, is this a good deal for $100k?
My mother is 77, in good health. Lincoln financial offered her the following for 0k payment today: 5k life insurance policy and 0k of long term care insurance. That sounds like a good deal to me, is it? I just wanted to say that I am very impressed with the high quality of the answers. … Continue reading
Do I need both term life insurance and universal life insurance?
My Statefarm rep is suggesting I transfer my 5 year term insurance (which is over at the end of July) to two different life insurances – a 20 year term insurance and a universal life insurance policy – does anyone else have both? I don’t see why I can’t just get the universal life insurance, … Continue reading
What happens to a life insurance payout after a medical assistance patient dies?
Say my parent has a life insurance policy, but depletes their assets and becomes eligible for medical assistance to pay for nursing home or medical costs. What happens to the payout to the beneficiary after that person’s death? Is it even worth keeping up such a policy in that case? Thanks.