Telling It Like It Is asked:


One company would charge nearly $30 a month, another only $7 and I asked for the same amount of whole life insurance at my current age. What makes the more expensive one better – and is it better if you’re really covering yourself for same basic fees and services. Could someone explain in laymens terms?

Mary Anne asked:


My friend’s father died recently. Twenty years ago, her father took out a small life insurance policy to pay for his funeral expenses. The beneficiary is my friend’s stepmother. The stepmother doesn’t even recall a life insurance policy. She wonders if he had cashed it out. How can my friend find out if a life insurance policy still exists? Those unclaimed fund sites don’t usually include life insurance policies, and the life insurance company may not know that a death has occurred.