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Does Anybody Else Have The Type Of Life Insurance That Pays You Back If You Don’t Die?

Posted October 14, 2009 – 4:55 am in: term life insurance

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 [...]

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Has Anyone Ever “sold” Their Own Personal Life Insurance Policy To Someone Else?

Posted October 7, 2009 – 4:47 am in: term life insurance

I have been carrying two TERM life insurance policies for many years. Since I have retired, I can no longer afford to pay the premiums. One policy will terminate in 2013 and the other in 2024. I am 65, female, good health.

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Can I Take Out A Life Insurance Policy On Someone Else?

Posted July 16, 2009 – 10:50 pm in: structured settlements FAQ

My sister and I would like to take out some sort of life insurance for my mom since my mom does not have any savings/401k nor does she have any life insurance. We just want to be prepared for when she dies so that there won’t be such a financial burden on the family. So, [...]

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Can Someone Buy A Life Insurance Policy For Someone Else Without Their Knowing?

Posted June 15, 2009 – 11:33 pm in: structured settlements FAQ

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?

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