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Which Insurance Plan Shall I Go Far, Endowment Or Money Back Or Whole Life Or Term. I Am A Bachelour Earning 1?

Posted July 13, 2010 – 4:32 am in: term life insurance

I am not sure why you need insurance unless you have dependents. In any case, there is no reason to go for endowment,moneyback insurances unless they are ULIP based. Classic(non-ULIP) endowment etc plans give you a return of 3-5%. Do you really think it is wise to invest for 3-5% return? Put your money in [...]

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Tell Me About Insurance, Whole Term Life Disablity. Thank You?

Posted February 25, 2010 – 4:26 am in: term life insurance

Whole Life Insurance – Life insurance that is kept in force for a person’s whole life as long as the scheduled premiums are maintained. All Whole Life policies build up cash values. Most Whole Life policies are guaranteed as long as the scheduled premiums are maintained. The variable in a Whole life Policy is the [...]

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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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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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