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Term Of Whole Life Life Insurance? I Don’t Know Which Type I Should Purchase. 2 Children And A Budget.?

Posted February 22, 2010 – 4:19 am in: term life insurance

I am a mother of 2 and almost forty years old and still do not have any life insurance. I just want to have enough to pay for my funeral and pay off whatever bills I may have outstanding. I think a 50,000 $ policy would be more than enough, but I don’t know anything [...]

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Is There A Good Reason I Should Pay My Mother’s Life Insurance Premium?

Posted February 12, 2010 – 4:30 pm in: term life insurance

My mother has a term life insurance policy and has named me and 3 brothers beneficiaries. She is 75 years old and fighting skin cancer after surviving lung cancer. She cannot afford the policy so she said she would drop the policy unless I wanted to take over the premium. My wife [...]

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Should I Not Be The Owner Of My Life Insurance Policy?

Posted February 11, 2010 – 4:37 pm in: structured settlements FAQ

I have read somewhere that if I own my life insurance policy – when I die the beneficiaries will have to pay taxes on the proceeds, because it is like a gift to them..

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How Much Life Insurance Should I Get…i Have A 9 Month Old Baby?

Posted February 1, 2010 – 4:22 am in: term life insurance

I have a 9 month old baby and I currently have 50,000 life insurance thru my employer….I was thinking about getting additional but don’t know how much….I am not married therefore I am the head of household and of course the one bringing home the bacon…please anyone with suggestions…
FYI — I am considering term life [...]

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