Financial Frames

Life Insurance? My husband, 32 and I, 30 are looking into life insurance. Can anyone tell me which company or websites I can use to get information. There are so many out there... wouldnt know where to start. Who do you personally use? Is there a medical exam involved? What type of premiums are you paying? Is it fixed or does it go up every few years? We live in Florida also. Any help would be appriciated.

What is the best life insurance company to work for with great commission? What life insurance company is the best in the nation to work for and why? I am doing research and trying to figure out which life insurance company is best to work for or what is the best strategy working in the insurance field.

Being a new life insurance agent, what are ideal ways to enhance portfolio of life insurance customers? One year down the line in life insurance business, I feel lack of custmers affecting my growth. I'd like to grow my portfolio of customers using new ways to market myself. Till now I have used friends and relatives and past customer base as my target audience. How do I target the strangers market and how do I productively segment it.

Do life insurance companies check your medical records after you die? Let's say that you get life insurance and claim to be a non-smoker. Then let's say that you start smoking or resume smoking. Assuming that your medical records show that you smoked, will most life insurance companies check your records, see that you smoked, and then cancel your benefit?

Can Life Insurance refuse payment after the 2 years suicide clause expires? Can Life Insurance refuse payment after the 2 years suicide clause expires? Contrary to public belief, I've found that the laws of most states and the policies of most life insurance companies only exclude suicide benefits for a 2 year period. If hypothetically a customer was to purchase a policy with the expressed purpose of committing suicide in 2 years, could the insurance company refuse to pay? This is for my actuary paper, not a personal question!

How do I help families not see life insurance as a bill but rather protection for their family? I am on a crusade to help families become properly protected (create an immediate estate) in case of a loved ones untimely death. Of lately, prospects see life insurance as another bill. Although it is; can any life insurance agent please share with me how they get around to making sales in the life insurance industry? Thank you.

What type of life insurance do you have and why you have it? I used to own whole life insurance until I learned the hard way about the truth behind it. A life agent said cash value was a great way to build savings for retirement and that I can use it anytime. That sounded pretty great and so me and my husband bought it. About 28 years later, he died in an accident. The life insurance paid the death claim about 30 days after I filed a claim. But all the cash value was gone! With the cash value, I could of used it for my retirement. So now I got rid of my whole life and paid a surrender charge on the cash value. The mortgage is paid off and no one is dependant on my income anymore. So I don't need life insurance. I moved about $45,000 of cash value into various investments. All I have to say to people buying life insurance is do your own research about life insurance before listening to life insurance agents.

What is the difference between accidental death life insurance and regular life insurance? What is the difference between accidental death insurance and regular life insurance? Which is a better buy? Wouldn't all deaths (excluding illnesses) be accident? If you only buy life insurance and don't include accidental death insurance then what is usually excluded? Thanks!!! (I know its different for every insurance company, I am just wondering what generally the outcomes would be)

How can my friend find out if her late father has a life insurance policy? 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.

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

What exactly is life insurance and how does it work? What exactly is life insurance and how does it work? I don't understand, won't you be dead or something so what does it do for you? What happens if it doesn't get cashed in, what does that mean? Sorry I don't understand, please explain.

What kind of life insurance do we need? and what is a good company to buy from? My husband and I are 28 years old, have three children and plan to have one more child in the near future. We live in Virginia (DC area). His annual earnings are about $70k; I also work part time earning annually about $35k. We currently have life insurance through our employers, but we want to get policies on our own. Can anyone recommend a good company to go with and a type of policy that we should get? Also, should we get life insurance on our children? if so, what kind? The goal that I want to accomplish with the life insurance is this. If my husband or I was to die, I would want my children to continue the same financial life that they would have had with both parents living. For this I am calculating that we need about a $2 million policy. After our children are grown, I would like for us to have a lower policy; just enough to cover the cost of bills and a little something to help the kids, I am thinking something around 200k.

What happens to life insurance proceeds tax-wise if deposited into a banking account? My father recently passed away, and the life insurance proceeds were paid out. I am curious to know what are the potential tax implications for Ontario, Canada for depositing said proceeds into a bank account or savings account.

What is the best health insurance and life insurance policies to go with? I am recently out of the military and need to purchase an individual health ins policy. However, I am not sure which ones are the best. I am a student, do they offer any good student policies? Also, is the SGLI to VGLI conversion a good change to make? If not, which is better term or whole life insurance policies?

Is life insurance a good investment for a married couple with no children or mortgage? My wife and I are considering purchasing life insurance but we aren't sure if it is the best investment for the money involved. Advice would be helpful. We do plan on having a family in the next few years and our ages are 30 y/o and 29 y/o.

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

Can you direct a beneficiary to spend life insurance proceeds a specific way? In the event that someone dies, can their life insurance proceeds be directed a specific way if they leave a note of such wish? If not, what must be done to direct the proceeds of a life insurance settlement so that specific things be done. For example: paying a bill or buying a house for the beneficiary.

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 cover him? Im just looking for something that would cover funeral cost.

How do you start out in the life insurance industry in NY? I recently took the exam and am currently a licensed life, accident and health agent/broker in NY state. I plan to eventually have my own life insurance business however I just don't know where to begin..... I graduated college a few years back and worked a job (unrelated to the insurance industry) I strive to make more than an average salary, I am very hardworking. Any help would be greatly appreciated!!

What is the best life insurance that will pay in case of a suicide? I need to know what the best life insurance I can get that will pay out in case of a suicide. I know that there probably isn't many. But I need as much info as I can get. I need my family taken care of and as for now they won't be. Please help. Any info will be greatly appreatiated. The life insurance I have now will not pay for suicide for another year and a half. Thank you so much. Netty

Does life insurance have to be used to pay the deceased debts? If I am the beneficiary of life insurance payment after someone dies, do I have to by law use that money to pay off the deceased debts? Or is this something that the bill collectors cannot touch at least legally? How would the creditors even know that there was a payout of life insurance? Anyway for them to know this? Can I get in trouble for not paying?

Can life insurance be forced to go to pay debts if there are named be beneficiaries? My dad passed away in Nov. He had named beneficiaries on his life insurance at work. He has way more debt than assets, he will have a negative estate. Creditors are threatening that we should use the life insurance to pay the balances...are these just tactics they use? Should we be concerned that the money can somehow be taken? We live in Wisconsin. Thanks!

What is the different between pension saving and life insurance? i plan to buy for my personal insurance but i have no idea which one i should go for. Is that everyone of us need to have saving insurance to make life be protected? My friend suggested me to go for the pension plan , but some of them they not agree why should i go for any insurance saving. I have a confusion now.

Does Life Insurance really pay? How do I find the right company to buy level term? My husband doesn't want to get life insurance, he thinks it is a waste and a scam. But if something should happen to him, me and the kids would be SOL. How do I get insurance for us? How do I know the insurance co. will actually pay if something does happen? Are there ways to write the policy so to protect us better?

How do you discuss a life insurance policy with your grandparent? My grandmother is almost sixty years and she does not have a life insurance policy. We were talking and I asked her what she had in place in case of a situation. She said nothing. Her plan is for us to sell her house and split the money.

What is the importance of life insurance plans? I actually planning to get one life insurance for myself. But, I dont know the benefits of this one? Can you please advise?

How are life insurance policies paid out? To the policy holder or the trustee? My parents have a life insurance policy in my father's name. They are both trustees. They are now divorced. Who receives the benefits of the policy as it has now matured? Any help would be appreciated.

What is the best life and burial insurance companies? I am looking to buy life and burial insurance for my family. So many companies are out there not sure what are the best companies and not scams. I would like to buy a policy that covers burial expenses and one that offers life insurance

How do Life Insurance companies make money? Someone I know has a whole life insurance policy with Metlife with a face value of $50,000. The annual payment is $290. How does Metlife earn money when they pay out much more than they get in?

Is it possible to get life insurance on a 70 year old male in poor health? I would like to get life insurance on a male family member in poor healt. He has diabetes & heart trouble. Is it possible to get someone at that age insured for life insurance? I would like to get some true answers before asking an agent.

What is the life of an insurance saleman like? I wanted to join a "company" World Finance Group, part of AEGON. They say they will train me about life insurance and difference securities and how to recruit more employees and customers. So far the membership fees and background check is $100 ! They dont want to reveal how much of this100 goes to membership and how much goes to background check! So far I understand that they customer that I would have would be the people I know. I will use their offices at "any local representatives", I will have to services the accounts of my customers, have them to choose the right investment, mostly life insurrance. Sound an interesting job. I learn business anyway. BUT this whole thing looks more like a scamp or not suitable for me at all! Pay for a membership and then go out and look for customer on my own. They dont reveal to me the average income of their employees, they dont really revea to me how much time and effort one should pay, and whether they would get any customer at all! by the way the website is WorldFinanceGroup.com

How do I go about getting life insurance when I do not like dealing with salespeople? I always feel like they want to keep selling me more and more....I just want a simple term life insurance policy for myself, and my husband. What is the EASIEST way to get this set up, sans all the sales rigmarole?

What company provides a life insurance quoting engine software to install in an insurance agency website? I need a software where I can input one (or more) life insurance company rates. Preferably if I have the freedom to input any company and not "pre-packaged" ones. Thanks.

Where is a company that offeres life insurance to felons? My husband commited a felony nine years ago when he was nineteen years old and has not been in trouble since. He is now a foreman, owns his own home and is just a regualr citizen, but he has been denied life insurance through 3 companies. Any suggestions? His medical exam and history is perfect, he even qualified for prefered rates, but it all comes down to the background check.

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

How is does variable life insurance work? 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?

How do major life insurance policies work? I have only ever had the ones offered through jobs.? I am single, non-smoker, 25 year old female in reasonablly good health. Non-homeowner & no kids. How do you invest through life insurance? Etc...

How long does an insurance company have before they must pay out on a life insurance claim? I'd like to know if there's a law or rule (especially in California) regarding the time between the death and the life insurance payout.

Can I purchase life insurance for our family without a physical exam? We have a new baby and we both need to be insured. Is it possible to purchase affordable life insurance without a physical exam? $200,000 insurance policy?

For purposes of life insurance testing, how long is nicotine detectable in the system? I have a friend who just quite smoking and he wants to know how long he should wait before he goes to get life insurance (to get the physical exam). He would like to wait until there is no more (detectable) nicotine in his system. How long should he wait to get underwriting?

Life Insurance? My husband, 32 and I, 30 are looking into life insurance. Can anyone tell me which company or websites I can use to get information. There are so many out there... wouldnt know where to start. Who do you personally use? Is there a medical exam involved? What type of premiums are you paying? Is it fixed or does it go up every few years? We live in Florida also. Any help would be appriciated.

I need help with life insurance strategies: Which market should I target and which products should I sell? I'm starting out as a life insurance salesman. I wish to use my time efficiently. Therefore, I need help to target the right demographic market and life insurance products for this market. For example, I could target executives making over $100,000 per year, and the product is a combination term insurance with some UL. The term part goes to retirement, and the smaller UL part continues until death. Any brilliant ideas would be helpful.

What type of Life Insurance would be best for me? I am a 27 year old single male. I own a house that has a mortgage, and I have some outstanding debt, car, student loans, etc. I plan to be married within the next 3-4 years. I want to make sure that if something should happen to me my family, future wife and parents, are not stuck with my bills and able to continue on without a huge finacial hardship. I know there are different types of life insurance, but not sure how the different ones work. Any help would be greatly appreciated.

How do you find out if a parent that has passed had life insurance to cover himself & property? My friends father passed away, he had old him if he would to pass that the insurance on his home would cover paying the home off and any outstanding bills and that he also had life insurance. We are still getting bills to pay for life insurance, but we can't get the executor to look into this.

What would happen if you applied for life insurance and made a false statement on the application? For instance, if you said you didn't have a pre-existing medical condition when actually you did. I currently have a Life Insurance policy that has been in effect for about 30yrs. But I wasn't truthful when I applied. What is likely to happen upon my death?

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

How to find good term life insurance? 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?

Should I get Life insurance for myself with my daughter as the beneficiary? My Ex-wife wants me to get life insurance with my daughter as the sole beneficiary. How do I set it up so that my ex-wife doesn't get the bulk of the money and my daughter gets monthly payments until she is 18, and the rest when she graduates from College? Do I get life insurance with a Trust as the beneficiary? I want to make sure that if I get remarried, my entire family gets something instead of just my daughter. What do I do?

What is the most affordable life insurance and health insurance? Where can I find Affordable Health and life insurance for me and my wife. What is the best web site with online quotes?

effect of life insurance on relocating to a different state in USA? We bought life insurance couple of years ago and that is still valid for another 20+ years. We are considering moving to a new state. Does it affect the life insurance , or do we have to buy a new life insurance ? also, what if one moves out of the country for 1 or 2 years.

Where can I find affordable life insurance for sr citizen in-laws? I read a previous thread suggesting MediCare, but I am not talking about HEALTH insurance. They only have term life insurance tied to current job, and they need to retire. They have no burial policy, and each is worried about leaving the other with burial expenses and debts. I have seen a few ads online, but when you get to the fine print, they seem mostly like scams. They probably wouldn't get a very good rating if a health exam were required. Probably $15 -$25K max would be the amount needed. They live in Texas if that matters.

Has a life insurance company ever refused to let you surrender your policy? My dad has a whole life insurance policy that he's had for years and wants to surrender and get the cash value. The insurance agent has been giving him the runaround and trying to get out of sending him the forms to surrender the policy. Is this typical and what can you do about it?

What are the tax consequences of a life insurance policy that I received from a family memeber?? I received a Form 702 from a small life insurance settlement & am not sure if I will owe any taxes on this. My first & only clue so far is that when running through TurboTax there doesn't appear to be any section to reference or include this inheritence. Please help & let me know how you found it out or where I can find more info. Thank you!!

How can I take out life insurance on another person? My father owes me money and I owe alot of money because of him. I'd like to be able to take out life insurance on him incase he dies before he pays me back. How would I go about doing this? I'm trying to figure out how to take the insurance out on him (since he owes me). Not have him get life insurance and then make me the benifactor himself.

How long should I get a term life insurance policy for? I'm researching term policies to cover the shortfall for life insurance from my work. How long is reasonable to get a term policy for? Term to 60, 75 or 100 years?

How does life insurance work? I'm a 21 year old college student. I know that I'm young, but we all know how bloody unpredictable life can be, and I wan't to ensure that my family wouldn't be financially burdened. I have about $40,000 in private loan debt, and my co-signer would most likely have to make 48 consecutive payments before they could even request a cancellation of my loans. My question is, how does life insurance work in America? And which firm should I consider? Thank you!

What is a good life insurance company that accepts people over 50 no matter what state their health is in? My mother is 55 and in a nursing home. She doesn't have any life insurance right now and is not in the best of health. Is there a company that will insure her?

AS an INSURANCE AGENT, how long are insurance appointment consultations for Life Insurance? I am looking into becoming an insurance agent, and I know that the company I want to work for offers Life Insurance/Mortgage Protection and Annuities, but mainly Mortgage Protection. As an experienced Life Agent, please tell me How long is a consultation approximately? 1 hour, 2 hours the longest? Longest time youve had an appointment? Because I want to do atleast 4 appointments a day.

What are the 3 life insurance companies with highest ranks from the following agencies? I read that New York Life Insurance and 2 other companies have the highest ranks in all of the major ratings agencies. Who are the other 2? Here are the rating agencies: Standard & Poor's Moody's Investors Service Fitch Ratings A.M. Best

How is ownership on life insurance transferred? If someone owns a life insurance policy how do they transfer the ownership to someone else?

What careers are available that require a Life Insurance License? I live in St Louis and work at a bank. I recently got my Life Insurance License so that I can sell annuities at the bank. I was just wondering what other jobs are out there that would benefit from a life insurance license. My only hangup is that I don't want to get into the all out sales positions. Any help would be greatly appreciated.