Comments on: Why is life insurance important?

By: Mission viejo Water Damage

Mission viejo Water Damage — Fri, 07 Jan 2011 02:39:32 +0000

Bloggers usually are under appreciated, many thanks for bothering to post this.

By: life settlements

life settlements — Tue, 01 Jun 2010 10:06:26 +0000

Remember to faithfully disclose all the facts in your application form. If your insurance agent fills out your application for you, be sure to read and understand the requirements carefully before signing the form. Otherwise, any non-disclosure of material fact can cause your policy to be void.

By: pbucelwicz

pbucelwicz — Fri, 15 May 2009 14:19:39 +0000

My employer provides life and health too, but I’m wondering about all the personal life insurance salesmen out there. I feel like its a scam just to raise capitol for them and make commissions. They boast about 6% gains, and you can take out the money when ever you like.

I haven’t confirmed this with anyone that sells life insurance or anyone that has opened a policy.

Anyone out there have this?

By: Ferienhäuser

Ferienhäuser — Thu, 14 May 2009 05:50:08 +0000

I am fortunate that my employer provides us with life and health insurance as additional benefit when we become regular employees. The coverage is not that much but I am more than happy already because the premiums are paid by my employer and not taken from our take-home pay.

By: CraigTS

CraigTS — Thu, 30 Apr 2009 18:59:39 +0000

Paul,

I’m with you on this one. Cheapest is the TERM life insurance that your company offers you. Probably $4-8 / week-month. Go for it (IMHO). Best bang for your buck, while you’re still in your 20’s. No heath screen, no questions asked – great coverage.

Buying your OWN… that’s where it gets sticky. COST is a LOT more for the same coverage. BUT you do have the “Cash Surrender Value”.

You don’t get a great return, but it is a steady long-term investment & it is “insurance” in case something happens to you. If you’re looking for someone – I’ve got a guy that can hook you up.

-Craig