Q&A
Asked by Erin
Answered by Ronald Omar Flores
Membership Consultant/ Financial Consultant in Alviso, CA
Membership Consultant/ Financial Consultant in Alviso, CA
Hello Erin,
Key person Life Insurance is
mainly use for a business. You buy this
product to protect your business if your key
person or primary employee (or owner) ...
Q&A
Asked by Shannon
Answered by Caroline Gerardo
C G Barbeau in Newport Beach, CA
C G Barbeau in Newport Beach, CA
Very sticky. IF you have a fire the insurance
checks are written to owner and lender
jointly. If the hazard policy is an owner
occupied one the lender will likely find...
Q&A
Asked by Erin
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hi Erin, your question requires me to make
some assumptions to respond. I assume you
currently have a policy in effect with the
insurer medically reevaluating you. A...
Q&A
Asked by an anonymous user
I agree. Term can be looked at as temporary
insurance for temporary needs, and kids at
home will one day leave. How old is your
youngest? If 1 year old today, then clo...
Q&A
Asked by an anonymous user
Answered by Tim Hensley
Insurance Agent in Gilbert, AZ
Insurance Agent in Gilbert, AZ
This is a great question. We need to keep in
mind that this is a loan and the insurance
company charges interest. With that said, a
policy loan can be paid in full or ...
Q&A
Asked by Meredith L
*Short version:
There could be a big cost
difference. No, there are usually not
penalties. No "interim" process.
Here is
the extended version:
Converting means
...
Q&A
Asked by Chrisitna
K
Answered by kirby
Hello Christina,
You can get life insurance
that covers your whole family, but there are
some things to consider. First, some life
insurance carriers (on their appl...
Q&A
Asked by Amanda
Hello Amanda,
Can you extend it? Not
exactly. In other words, the term plan has a
length of time where the premium and death
benefit are level, and at the end of th...
Q&A
Asked by Sara
Hello Sara,
Let's add some perspective to
get to the answer. Life insurance
underwriting, for healthy people or those with
no other issues (bad driving record, for
...
Q&A
Asked by Crystal
Hello Crystal
Let's get to the source of
the worry by taking a closer look at what
ratings mean. They point to only two things:
the claims paying history of a carri...
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