Apr
27

Anyone heard about Life Insurance Reform the 0bama administration is about to push through?

Posted by harry Comments (6)
fungal_gourmet asked:


They are going to force life insurance companies to write policies for the dead. Premiums will be the same for the dead as they are for a healthy, non-smoking 20 year old. We are all going to be rich.

Categories: Life Insurance
Apr
26

Is the health and life insurance field a good career field?

Posted by harry Comments (3)
SweetNiq asked:


I’m looking into working for an insurance company, that deals with health and life insurance. Does anyone know if insurance agents get salary pay as well as commission when they work for a large insurance company?

Categories: Life Insurance
Apr
23

How is does variable life insurance work?

Posted by harry Comments (5)
Poorboy asked:


I went to an AXA financial advisor to plan for my retirement and he insists i get an flexible variable life insurance policy from AXA? Anyone have this insurance from AXA and how does it work? I personally want to put money on IRA’s, but he is saying this is a better option for me. I am 29 and single. What do you think?

Categories: Life Insurance
Apr
19

How to find good term life insurance?

Posted by harry Comments (6)
Bryan W asked:


Looking to get life insurance on myself. Need to replace 70K per year income in the event of my death. Need to support my wife and 4 year old son. What type of insurance would be best, and what type of investment advice could be given for my family to invest the money and live off the interest, leaving the principal untouched?

Categories: Life Insurance
Apr
13

If a life insurance company goes bankrupt, what happens to whole life insurance benefits?

Posted by harry Comments (7)
bellas asked:


My Dad purchased whole life insurance through AXA Equitable which is all paid for. What happens if the life insurance company goes bankrupt or their assets are under water like so many other financial institutions these days? Will the benefits still be payable?

I also think it’s strange that he had to pay $700 more to this insurance company as an “adjustment”(?) recently even though the policy was fully paid for a long time ago. Is this normal?

Categories: Life Insurance