I am a married woman with no children. My husband does not have benefits through his job, so I carry all the insurances. He does however have a term life insurance policy on himself through an outside company. I am doing my enrollment for my 2010 benefits through my employer. I currently have employer paid basic life insurance and I also have supplemental life insurance, (for extra piece of mind). My question is, in addition to the supplemental life insurance, I also have an option for supplemental spouse life insurance. Does that mean if something happens to my husband my insurance will pay me? I’m confused.
Latest Updates: term life insurance RSS
-
What is Supplemental SPOUSE Life Insurance?
-
What is Supplemental SPOUSE Life Insurance?
I am a married woman with no children. My husband does not have benefits through his job, so I carry all the insurances. He does however have a term life insurance policy on himself through an outside company. I am doing my enrollment for my 2010 benefits through my employer. I currently have employer paid basic life insurance and I also have supplemental life insurance, (for extra piece of mind). My question is, in addition to the supplemental life insurance, I also have an option for supplemental spouse life insurance. Does that mean if something happens to my husband my insurance will pay me? I’m confused.
-
What is Supplemental SPOUSE Life Insurance?
I am a married woman with no children. My husband does not have benefits through his job, so I carry all the insurances. He does however have a term life insurance policy on himself through an outside company. I am doing my enrollment for my 2010 benefits through my employer. I currently have employer paid basic life insurance and I also have supplemental life insurance, (for extra piece of mind). My question is, in addition to the supplemental life insurance, I also have an option for supplemental spouse life insurance. Does that mean if something happens to my husband my insurance will pay me? I’m confused.
-
What is Supplemental SPOUSE Life Insurance?
I am a married woman with no children. My husband does not have benefits through his job, so I carry all the insurances. He does however have a term life insurance policy on himself through an outside company. I am doing my enrollment for my 2010 benefits through my employer. I currently have employer paid basic life insurance and I also have supplemental life insurance, (for extra piece of mind). My question is, in addition to the supplemental life insurance, I also have an option for supplemental spouse life insurance. Does that mean if something happens to my husband my insurance will pay me? I’m confused.
-
Life Insurance?
I was considering buying Life Insurance now because I thought it would be much cheaper than to buy it when I start to get older. I don’t know anything about insurance, I know there is term life insurance then there is universal or something.
I am 18 years old, I don’t smoke and rareley drink. If it jhelps to know, I have never been diagnosed with any sort of disease. My grandfather did have prostate cancer, I’m not sure if that is relevant and my other grandparents both died of heart attacks in there 40s.
How much do you think would it cost for, whenever I die, a 1 Million dollar life insurance policy.
Thanks for all of the answers everyone, I didn’t expect so many good ones. Although I feel I’m still a little confused maybe I’ll consult an insurance agent, because I’m still uncertain which type of insurance is the best for me, I pretty much think that term life insurance is not good for me because even if I bought a 30 years term policy and I live past my 48th birthday I’ll get nothing from it. -
Life Insurance?
I was considering buying Life Insurance now because I thought it would be much cheaper than to buy it when I start to get older. I don’t know anything about insurance, I know there is term life insurance then there is universal or something.
I am 18 years old, I don’t smoke and rareley drink. If it jhelps to know, I have never been diagnosed with any sort of disease. My grandfather did have prostate cancer, I’m not sure if that is relevant and my other grandparents both died of heart attacks in there 40s.
How much do you think would it cost for, whenever I die, a 1 Million dollar life insurance policy.
Thanks for all of the answers everyone, I didn’t expect so many good ones. Although I feel I’m still a little confused maybe I’ll consult an insurance agent, because I’m still uncertain which type of insurance is the best for me, I pretty much think that term life insurance is not good for me because even if I bought a 30 years term policy and I live past my 48th birthday I’ll get nothing from it. -
Life Insurance?
I was considering buying Life Insurance now because I thought it would be much cheaper than to buy it when I start to get older. I don’t know anything about insurance, I know there is term life insurance then there is universal or something.
I am 18 years old, I don’t smoke and rareley drink. If it jhelps to know, I have never been diagnosed with any sort of disease. My grandfather did have prostate cancer, I’m not sure if that is relevant and my other grandparents both died of heart attacks in there 40s.
How much do you think would it cost for, whenever I die, a 1 Million dollar life insurance policy.
Thanks for all of the answers everyone, I didn’t expect so many good ones. Although I feel I’m still a little confused maybe I’ll consult an insurance agent, because I’m still uncertain which type of insurance is the best for me, I pretty much think that term life insurance is not good for me because even if I bought a 30 years term policy and I live past my 48th birthday I’ll get nothing from it. -
Universal life insurance a good idea for dev. disabled heir?
I have a developmentally disabled daughter. I would like to be sure leave her money when I do die. I have a 30 year term life insurance, I’m 35 now. I’m afraid that when I’m 65, I will not be able to get life insurance so she will for sure have something to take care of her when I’m no longer there. Would universal life insurance be good in this scenario? The agent says I can stop making payments when I’m 60 (of 0 a month) and there will be a payout of 0,000 even if I live to be 100. Will she also have to pay taxes on that life insurance?
-
Universal life insurance a good idea for dev. disabled heir?
I have a developmentally disabled daughter. I would like to be sure leave her money when I do die. I have a 30 year term life insurance, I’m 35 now. I’m afraid that when I’m 65, I will not be able to get life insurance so she will for sure have something to take care of her when I’m no longer there. Would universal life insurance be good in this scenario? The agent says I can stop making payments when I’m 60 (of 0 a month) and there will be a payout of 0,000 even if I live to be 100. Will she also have to pay taxes on that life insurance?
-
HIV and Life Insurance Reinstatment?
In March 2004 I purchased some term life insurance. When I
moved to Washington State (from Colorado where the policy was
writen) I changed my bank accounts and
closed the account that my life insurance premium was
automatically being paid from. My life insurance coverage lapsed
(currently 120 days).In the policy contract it says you can reinstate the policy by (1)
provide evidence of insurability and (2) pay all overdue
premiums plus 6% interest.Now here is the BIG question…. Am I Insurable?
This Jan I was diagnosed with HIV. I have health insurance
paperwork signed by my doctor showing my HIV+ status and
saying that I do not have AIDS.In all the life insurance medical underwriting questions it asks…
in the past 10 yrs have you been
(a) Diagnosed by a member of the medical profession as having
Acquired Immune Deficiency Syndrome (AIDS) or AIDS-Related
Complex (ARC)?(b) Treated by a member of the medical profession for AIDS or
ARC?By my understanding of these two questions can answer NO to
both of them.Does this mean I can go about reinstating my life insurance?