Jun
2

What are the different types of life insurance? What are the pros and cons of both?

Posted by harry Comments (7)
Love my curves! Whoa! asked:


Which life insurance companies do you recommend? How young is too young for your child? He’s 1… I’d like to leave my family with the security and without the stress of “money” when I die, but I don’t know where to start. Thank you in advance!

Categories: Life Insurance
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
Sep
9

What LIFE insurance companies have had a bad record in denying legitimate claims?

Posted by harry Comments (3)
tomeka asked:


I am deciding which company to go with for my life insurance purchase. Wanted to make sure my spouse and child wouldn’t be mistreated by the company should anything happened to me.
Thanks!

Categories: Life Insurance
Aug
19

What kind of life insurance companies are there in South Carolina?

Posted by harry Comments (1)
foxyb131 asked:


In the next two years I am planning to move from Detroit, MI,and I am trying to find out everything I can aboout South and North Carolina. I am a professional Life insurance Agent/Staff Manager,and that’s why I want to know. I’m 57years old and I need to know about their cities,and which ones would be best for me at this age.

Categories: Life Insurance
Jul
29

What exact is whole life insurance, and how do life insurance companies profit from selling it?

Posted by harry Comments (5)
carie asked:


Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?

I have tried to do some research on my own, but I still can’t seem to fully understand this matter. Any help will be greatly appreciated!

Categories: Life Insurance