Life Insurance

Guide  

Q&A
Asked by an anonymous user
Answered by Lenny Robbins, Insurance Agent in Redmond, WA
There is no best answer for this question without knowing your objective. Unfortunately, most people concentrate on "how" to get there, without know where they want t...
Guide  

Guide  

Q&A
Asked by tope2121
Hello there. First, the whole life policy can be viewed as both a death benefit and also as an "investment" since it accrues cash value. Look at the death benefit part...
Guide  

Q&A
Asked by Kathleen
Answered by Michael Hoffman, RFC, CLU, ChFCPRO+ in Grass Valley, CA
Gordon is right. If you have more than one term policy, it is a good idea to consolidate term into one policy. There is a "volume discount" or banding at $250k, $5...
Q&A
Asked by John
Answered by Nancy Greenwood, Insurance Agent in Methuen, MA
A life insurance company can cancel your policy for non-payment of the premium or for material misrepresentation. Each life insurance contract will have a provision a...
Q&A
Asked by Tony
Answered by Michael Hoffman, RFC, CLU, ChFCPRO+ in Grass Valley, CA
Tony, If you think that you may ever need life insurance to help provide for our family then getting started sooner rather than later will help to create a lower prem...
Q&A
Asked by Katie
Answered by Elizabeth Beagle, Insurance Agent in Burbank, CA
Some agents would state you need 12 to 14 percent of your annual earnings in life insurance. I believe there are more practical ways of determining the right amount of...
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