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I Have Life Insurance For 50,000 Dollars That My Employer Gave Me For Free, Is This A Good Amount?

Posted February 10, 2010 – 10:17 pm in: structured settlements FAQ

Ok so I was called to the HR guys office to day, and I was given the option to receive dental, health and life insurance. The life insurance was free, and they said that when i die, 50,000 goes to whoever I want. Is this good compared to most employers or about average? It seemed [...]

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I Currently Have Whole Life Insurance, To Help My Family In Case Something Happens. Should I Have Term Also?

Posted February 9, 2010 – 4:53 am in: term life insurance

Also, what is a reasonable amount to have for both? I originally just wanted a whole life policy to cover funeral expenses etc just in case something happens to avoid burdening my family, but maybe I should try to get more while I’m young to save money, and also so my family will have money [...]

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How Can You Have The Cash Value Of A Life Insurance Plan Be More Than The Death Benefit?

Posted February 6, 2010 – 10:20 pm in: structured settlements FAQ

I am taking an insurance class and it doesn’t matter to the answers but I would like to know. I can figure it out if you only have to pay until you reach the face value how can you have more cash value? Is it interest?

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If We Have A Foreclosure And We Die, Will Our Life Insurance Go To Our Kids Or Pay The Foreclosure?

Posted February 5, 2010 – 4:43 pm in: structured settlements FAQ

We just want to make sure that if one or both of us was to die, that the life insurance would still be there for the beneficiary and not go to the bank. We have 4 small children to care for. My husband lost his job during the housing slump and therefore we lost our [...]

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