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Does my dad have recourse when an life insurance agent lied to him in 1988?

This agent came in and replaced 100k in whole life with 200k in Universal life. He told my dad this insurance is perminant and his premiums would never increase. Turns out he lied. It is now quickly eating through the cash my dad deposited in the policy. My dad will lose [...]

[ More ] September 21st, 2010 | 5 Comments | Posted in Insurance |
marketgraph

where do I find help to help pay for funeral and burial arrangements without life insurance?

my sister just died she have no life insurance I need some help paying for her funeral and burial so her 8 children can see her put away nice please some one repond quickly I running out of time. Thank you

[ More ] September 21st, 2010 | 1 Comment | Posted in Insurance |
coins

How long does it usually take for an insurance company to pay a life insurance claim?

My father-in-law passed away in April 2009. He died of pneumonia. He had a life policy with a large national company. My sister-in-law is the beneficiary. Here it is, almost a year and a half later, and they still have not paid on the claim. I told her to contact the state insurance commission.

[ More ] September 21st, 2010 | 5 Comments | Posted in Insurance |
financewords

Make Money buying life insurance on people dying?

Is it possible to buy life insurance on people dying and then me keep half and give their family half of it too? I’m just curious as I thought it would be a good money maker.
I just thought a person may not have life insurance and if they are really old and probably going [...]

[ More ] September 20th, 2010 | 10 Comments | Posted in Insurance |
coins

Prudential insurance and Allstate which one is good for life insurance?

I ‘m going to get a life insurance. I’m thinking between Prudential and Allstate. what do you think about both of them if you want to get the good service and comfortable.

[ More ] September 20th, 2010 | 8 Comments | Posted in Insurance |
moneycartoon

Term life insurance – All cause vs accidental death coverage?

I recently obtained life insurance and was surprised to find my coverage amount was split between an all cause benefit and an accidental benefit. Is this typical or is it possible to obtain coverage that provides an all cause benefit only?
I am concerned that I will only have partial coverage if I [...]

[ More ] September 20th, 2010 | 2 Comments | Posted in Insurance |
calculatorpen2

Does Bank of America offer complementary life insurance for being a quality customer?

They just called me up right now and offered 3 months of life insurance for being such a great customer. They were gonna forward me to a supervisor and I just hung up, but was thinking maybe I should see what else they have in store. They offered to mail me something. [...]

[ More ] September 20th, 2010 | 3 Comments | Posted in Insurance |
coinsandgrpahs

Can a single mother purchase life insurance for the father of her child? They were never married.?

Can I buy a life insurance policy for my son’s father?
We were never married and he doesn’t pay child support.
A friend of mine told me that I can purchase life insurance on him so that if he died my son could get the benefit.

[ More ] September 20th, 2010 | 2 Comments | Posted in Insurance |
financewords

Should a life insurance policies alternate beneficiary say a name to go straight to beneficiary and not the es

My life insurance go to spouse but if we are both gone 98% goes to son and 2 % to others. Should this beneficiary be to the estate of mine or directly to sons name? Do not want it held up in probate
My son is 21 now so none are minors. Why would the attorney [...]

[ More ] September 20th, 2010 | 6 Comments | Posted in Insurance |
graphup

What are the advantages of Life Insurance over Personal savings?

Please I would kindly like to ask what exactly are the advantages of someone taking out a Life Insurance policy as opposed to simply saving up you money and writing a will. Do Life Insurance policies actually pay the Insured person’s family more than the person could have left for them by just saving the [...]

[ More ] September 19th, 2010 | 5 Comments | Posted in Insurance |
moneycartoon

How do life insurance companies make money?

I mean, there’s not really an ideal customer. Everyone’s gonna die.
I did the math for my life insurance. I’m 22. I’m young, healthy, and I don’t smoke. I have a ,000 life insurance policy that I pay a month for. Even if I live for another 70 years, I’m only going to pay them [...]

[ More ] September 19th, 2010 | 1 Comment | Posted in Insurance |
calculatorandpen

I need life insurance but am in bad health?

Please tell me options for life insurance with cancer and heart problems
What about graded insurance or guaranteed issue insurance, can someone sugest a company to call?

[ More ] September 19th, 2010 | 4 Comments | Posted in Insurance |
marketgraph

I have Gilbert's Syndrome and have been turned down for life insurance. What can I do?

Gilbert’s Syndrome is a benign condition that causes an increase in bilirubin levels. The life insurance company denied me because of "blood test results". Would a life insurance company deny me based solely on the bilirubin levels or would there have to be more red flags than that?

[ More ] September 19th, 2010 | 2 Comments | Posted in Insurance |
pen and graph

I have Gilbert's Syndrome and have been turned down for life insurance. What can I do?

Gilbert’s Syndrome is a benign condition that causes an increase in bilirubin levels. The life insurance company denied me because of "blood test results". Would a life insurance company deny me based solely on the bilirubin levels or would there have to be more red flags than that?

[ More ] September 19th, 2010 | 2 Comments | Posted in Insurance |
graphup

In Canada, do health and life insurance companies require that applicants take a drug test?

I have recently applied for health and life insurance. The nurse will be coming to take tests next week. I am just curious as to what exactly do they test for (ex. cbc, electrolytes, ast, alt, etc) and do they include a drug test.

[ More ] September 18th, 2010 | 1 Comment | Posted in Insurance |
financewords

Life Insurance: what happens if a company goes bankrupt?

I currently have life insurance with AIG and this company almost went to bankrupt I believe? In general, what happens to people’s life insurance money if the insurance company that holds the insurances go bankrupt?

[ More ] September 18th, 2010 | 4 Comments | Posted in Insurance |
calculator

are there any savings accounts that come with a small amount of life insurance?

I’ve hears some banks offer small amounts of life insurance when you open a savings account. Do you know of any? thanks!

[ More ] September 18th, 2010 | 1 Comment | Posted in Insurance |
coinsandgrpahs

if you commites suicide would the life insurance be paid out say to the kids?

Its just a thought life is a bit too much right now. I have life insurance which would be paid out to my kids in the event of my death so I was wondering if I commited suicide would they get the payment,

[ More ] September 18th, 2010 | 7 Comments | Posted in Insurance |
computerscreen

how can ex husband take the money from the beneficiary of a life insurance policy?

A lady was the beneficiary of a ,000 life insurance policy for her son who died in an accident.
Her ex husband has hired a layer to get the insurance company to give him the 00 she owes him for child support and the ,000 inerest that has accumulated on the back child support.
So, she thinks [...]

[ More ] September 18th, 2010 | 7 Comments | Posted in Insurance |
loanapp

Can I cash my Life Insurance Policy Out? What does "Available Partial Surrender Amount" mean?

I am having financial problems, and am interested in cashing out a small life insurance policy.
The life insurance policy has a Cash Surrender Value of ,324.
It says that I have an Available Partial Surrender Amount of ,074.
What does this mean? Can I withdrawal any money from the policy?
Please explain?

[ More ] September 17th, 2010 | 2 Comments | Posted in Insurance |