I know the average life expectancy is about 79 years. But that is an average from birth. For a man age 80, obviously the average is higher. I am trying to plan an annuity for my dad, I would guess an average for an 80 year old man is about 7 years?
Posts Tagged ‘Life’
Are these charges on my whole life insurance policy typical or excessive?
06
Jun
I have a $1,000,000 whole life insurance policy. I’m wondering if the following charges are customary in the insurance industry or excessive? 1. The net cash surrender value is $24,990. 2. The expense charges are 15.5% of the premium. (Which seems high to me, but I never had life insurance before.)
O.K., so the census is that Variable Universal Life is not the greatest idea. Well, we have had a VUL policy?
01
Jun
since 2002. Should we try to get out. What about the Surrender charge? What is the best thing to do?
Can someone please give me advice on what is best: Life insurance, Annuities or Term if you’re 53 years old?
01
Jun
I’m looking to invest in life insurance, annuIties and term insurance, mutual funds. However, I don’t know where to start? How can I invest especially in annuities if I want to get a check a month in about 10 years to live on when retiring. My friend’s mom invested in annuities and when she got sick at 55 years old and couldn’t work she was receiving annuities check which helped out alot.Can experienced people respond who have annuities, life insurance and/or term insurance with the kind of insurance they chose and which company you chose and WHY YOU CHOSE TO GO WITH THAT PARTICULAR COMPANY.THERE ARE SO MANY OF THEM OUT THERE…ITS’ CONFUSING AS TO WHICH ONE IS BEST? Thanks in advance for advice.
60 year old disabled widowed. Need fixed income for rest of my life. Is Hartford variable annuity with ryder o?
19
May
variable acct . with insurance and 5% bonus every 5 years (no cap). Hold money for 7 years and with growth projected balance of 300 to 400 thou reasonable? Death benefit for estate. Am paid a monthly benefit based on my highest principal (this does not go down even if market drops.) for life.
Am being told on the above balances I would receive $1,400. a month for rest of life at least, could go higher depending on balance. Help! I am very confused and don’t know if I am making big mistake!
i’m working a new job in an insurance company for life insurance(term and universal), disability, annuities?
19
May
i wanna get a headstart on how this business works to impress my boss, any website that could help me learn?
can someone explain some of the terms used on a life insurance policy?
19
May
ie.cash value,surrender charge,policy cash value and policy cash surrender value.what do these terms mean???????
WHAT IS THE DOWN SIDE OF LIFE ANNUITIES?
16
May
I AM 63 AND OFFERED AN ANNUITY INVEST 100,000 AND GET $660 A MONTH BACK. wHY ISN’T THIS A GOOD DEAL?
Life Insurance in the millions….
15
May
Isn’t it true that when you have a life insurance policy in the hundred thousands and even the millions the life insurance company sometimes doesn’t have the money to pay you all up front. And they will give you the money in the form of annuity payments? Sometimes those annuity payments will spread over months and even years. Those insurance companies do not give those people the full amount of those hundred-thousand dollar policies. Or million dollar policies?…Am I right?
They only give people who have a $10K life insurance policy or something in that range all of their money as soon as the person is deceased!?
What kind of jobs can i get with my 2-15 life health and annuities license ? I need an hourly pay?
13
May
I have one now but theres word im going to be losing my job. need help asapp..
Should I unload my Variable Life Insurance?
11
May
I have had this variable term life insurance policy for almost 10 years now and it hasn’t kept up with the projections the sales guy told me 10 years ago. This is mainly due to the high fees. About 55% of my yearly contribution is lost in “fees”. There would be a surrender charge if I were to withdraw. Should I take the hit or keep putting an annual contribution into this account? I do have life insurance through work should anything happen.
New Life Insurance Investment Advisor: Achieving Financial Security for You and your Family Through Today’s Insurance Products
10
May
Product Description
“For anyone who needs to understand different types of life insurance, as well as considerations for purchasing and managing policies, this book should be on your nearby reference shelf. If you’ve frequently found yourself fumbling around with terminology, such as the differences between variable, universal, and variable universal life (VUL) policies, you’ll finally see some light through the haze.” – MorningstarAdvisor.com Life insurance doesn’t have to be complex or intimidating. Ben Baldwin’s completely revised and updated guidebook makes it clear and logical, discussing how to analyze insurance products based on their investment merits and best overall financial returns. This clear, authoritative res… More >>
Life insurance licensing?
06
May
Has anybody ever taken a test to get your license for life insurance, health and annuities? I’m about to take a test and was wondering if there were any good websites available or even any tests. Any advice would be great!
Guide to Life and Annuity Insurers; A Quarterly Compilation of Insurance Company Ratings and Analyses; Summer 2007
05
May
Product Description
TheStreet.coms rating scale is extremely straightforward and easy to understand. There are no complicated number grades to interpret, no colored paper to decode, and no stars to count. Instead, each entry gets a simple, intuitive letter grade that immediately identifies the wheat from the chaff. This is one more reason why TheStreet.com Ratings is widely recognized as “America’s Consumer Advocate for Financial Safety.” The TheStreet.com Safety Ratings have been proven to be the most accurate available from any of the major rating agencies. Plus, unlike the other major rating agencies, TheStreet.com does not accept compensation from the companies it rates, and thus does not allow companies to influence the ratin… More >>