One company would charge nearly $30 a month, another only $7 and I asked for the same amount of whole life insurance at my current age. What makes the more expensive one better - and is it better if you’re really covering yourself for same basic fees and services. Could someone explain in laymens terms?
My biological parents have a life insurance policy out on me (I am of majority/legal age) that I wish to cancel. However, I do not know what company they have it with, or even the size of the policy - only that they have it. How can I go about finding and canceling the policy in a timely manner (As in, within a few days at most).
My aunt died recently, and she had a life insurance policy no one knew about, and my mom is the beneficiary. She wanted me to find out how much interest can be accumulated from a general policy. It was never updated, and it was just sitting there gaining interest since the 1960’s. The original amount was $500. Does anyone have an estimate of how much it could be worth now? My mom told me if i found out, and helped her, she would give me some money
I’m researching term policies to cover the shortfall for life insurance from my work. How long is reasonable to get a term policy for? Term to 60, 75 or 100 years?
I’m worried that someone may have bought a life insurance policy for me without my knowing. Is this legal? And is there any way for me to find out whether someone has a policy on me?
I just don’t want there to be a financial incentive for this person to kill me off.
Both my husband and I pay monthly premiums for a “term” life insurance plan that expires in 20 years. We pay a little bit higher premium I believe but then at the end of the term, if we don’t die, we get that money back.
We are 25 years old, so our premiums were low to begin with, so paying a little bit extra wasn’t a big deal. Our insurance company is AIG though… what if they go under and can’t pay us back in 20 years?