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Archive for the ‘Insurance’ Category

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

tomeka asked: 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!Jon

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What exactly is life insurance and how does it work?

lovella asked: 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.Lois

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What kind of life insurance do we need? and what is a good company to buy from?

LISA asked: 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 [...]

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How do you get Life Insurance for someone who is already in the nursing home.Do you know any names of company?

Blackninjasofly asked: My aunt is in the nursing home and i urgently need to get life insurance for her. But alot of companies will not cover her because she is already in the nursing home.Do anyone know of any companies that will cover someone in this situation. Please Help!!!!Eddie

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What is the best health insurance and life insurance policies?

charisse asked: What is the best health insurance and life insurance policies? 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 [...]

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How do you discuss a life insurance policy with your grandparent?

alicia asked: 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.Mark

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What type of life insurance do you have and why you have it?

Financial JUSTICE asked: 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. [...]

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What happens to a life insurance payout after a medical assistance patient dies?

judson asked: Say my parent has a life insurance policy, but depletes their assets and becomes eligible for medical assistance to pay for nursing home or medical costs. What happens to the payout to the beneficiary after that person’s death? Is it even worth keeping up such a policy in that case? Thanks.Samuel

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What life insurance companies don’t require a physical exam?

Nancy asked: My mother needs to get life insurance, but doesn’t want to get a physical exam.. Are there any companies out there that you don’t need to get an exam? Thank you.Jack

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How can my husband open a life insurance policy?

mommy-to-be asked: We recently found out we are expecting a baby and need to open a life insurance policy in case something would happen to him so we’d be taken care of. We have insurance that is paid for by his employer. How do we go about getting life insurance? Is it added to our [...]

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