Life Insurance Questions & Answers

November 27, 2006 - 10:37 am No Comments

Did the crocodile hunter have life insurance?
No, but he had MONEY in the bank which is better than life insurance. His job type would be classified as K, the highest risk job and therefore would not be insurable.

Difference between health and life insurance?
Health insurance covers medical stuff – like doctor visits, medicines, ER visits, etc. Life insurance is a policy paid to a person you choose (spouse, child, parent, friend) when you die to cover expenses such as funeral costs, debts, etc.

Difference between natural life insurance and genaral insurance?
The important difference between Life and General Insurance is contained by what each covers. Life Insurance replaces the human duration value of a character. That is, it replaces what a person would own earned, or contributed to a firm or kinfolk, had they lived. General Insurance replaces the efficacy…

Disability insurance percentage of income covered?
my long term disability income insurance policy is set at 60% of my salary covering through age 65 I also have a short term policy that covers me until that 180 days is up and the long term kicks in, does this sound sufficient or should I get an life insurance policy…

Distributions from owner of int. (non-ADR)?
I’ve just studious that my father had carried a natural life insurance policy and in 2002, Principal duration Ins. sent out a check for Distributions from owner of int. (non-adr).I was told that since I’m the programmed benificary (and only survivor) that it is mine. What is this pay-out? He started the…

Do generous corporations practice age nouns near admiration to retiree condition and existence insurance benefits?
At age 56 I was forced into retirement by diagnosis of cancer. When I reach age 60 the supplemental life insurance premiums I hold paid for years increased by 70%. If that’s not age nouns, what is it? You were lucky you…

Do I have the right to cancle a life insurance policy within 3 days after signing it?
Yes, you can cancel your life insurance policy at any time. However, depending on your state laws and the terms of the life insurance policy, you may only get your money back during the first 10 to 30 days. Otherwise,…

Do I hold to live contained by the US to carry natural life insurance? I’m a retired expat living contained by Ghana.?
My husband and I are semi-retired and living in Ghana. He have retiree life insurance for himself through his previous employer, but the policy for me is amazingly small. Given that we live out of…

Do I need life insurance? (I am 24 single with nest egg)?
I am starting a new job which offers life insurance. For $30 a month I can get a decent policy. However, I have no one to name as beneficiary – my family has plenty of money and there is enough in my bank account to cover…

Do I really hold to disclose everything for a duration insurance quote??
My wife has a family history of cancer which is cause my life insurance quote to change from lb15 a month to lb50. Do I really stipulation to disclose this info to the companies, or should I not tell them as they would need okay anyway…

Do life span insurance benefits elapse duty free to an estate?
If you own a life insurance policy, or signature either yourself or your estate as beneficiary, the policy release benefit will increase the size of your estate. If you think that you will enjoy a federal-estate-taxable estate (that is, large enough) an insurance policy on your…

Do natural life insurance companies check your medical chronicles after you die?
Let’s say that you take life insurance and claim to be a non-smoker. Then let’s speak that you start smoking or resume smoking. Assuming that your medical records show that you smoked, will most time insurance companies check your records, see that you smoked, and after…

Do you believe within have existence insurance? If so, do you hold duration insurance?
I have a friend who sell insurance so I wanted to ask you guys… 1.) Do you own life insurance? 2.) If not, why hold you NOT purchased life insurance? 3.) If you HAVE purchased vivacity insurance, what motivated you to purchase life…

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