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Monthly Archives: April 2009

I Have Term Life Insurance With Aig Purchased 5 Yrs Ago. Should I Cancel It And Buy From Another Company?

Posted April 30, 2009 – 4:43 am in: term life insurance

I am concerned about having to pay more now that five years have passed and I am in a different age range (associated with higher rates). Is my insurance policy secure? What if AIG goes under?

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Lump Sum Settlements And Child Support?

Posted April 30, 2009 – 4:43 am in: structured settlements FAQ

I’ve seen those ads on tv about selling your structure settlements for a lump sum – I’m wondering if there is anything similar for child support arrears.
My ex owes 11K in arrears (the non public assistance kind). He doesn’t have any new child support obligation because he signed his rights away a year ago. He [...]

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Why Are Some Life Insurance Policies More Expensive Than Others?

Posted April 29, 2009 – 4:24 pm in: structured settlements FAQ

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?

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Two Business Partners Carry 15 Year Term Life Insurance. The Insurer Pays 100, 000 For Each Partner Who Dies W

Posted April 29, 2009 – 4:23 pm in: term life insurance

Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies within 15 years, and 0 for each partner who does not die within 15 years. The remaining lifetimes of the two partners are independent and each are uniformly distributed on [0, 15]. Determine the moment generating [...]

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