Q&A
Asked by an anonymous user
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hi, Anonymous, your question is a good one.
HSAs are pre-tax deductions by your employer,
so leaving your employer stops that deduction.
However, the account/balance i...
Q&A
Asked by an anonymous user
I agree with Michael, especially the last
paragraph where he says "do not rush into any
decisions' since rushing with large sums of
money is almost always followed by ...
Q&A
Asked by John Cole
Insurance Agent in Indian Trail, NC
Insurance Agent in Indian Trail, NC
Hello John,
One of your questions points
to the face amount (the death benefit) and the
other points to the cash accumulation. These
two different elements of your...
Q&A
Asked by Debra
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hi Debra, yes there are policies to address
your concerns. However, not knowing specifics
about you and your life situation, I'd
recommend you contact a local insur...
Q&A
Asked by Crystal
Hello Crystal,
First, the "complication"
part is fairly common (you are not alone!).
Life insurance can seem complicated when you
explore all of the types of life i...
Q&A
Asked by an anonymous user
The short answer is "yes" you do. The owner of
the plan is the person paying for it, and that
person has control over the beneficiary
designation. If he has not change...
Q&A
Asked by Meredith L
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hi Meredith,
I think you ask a great
question.
When you borrow against the cash
value of your life insurance policy, the
benefits are reduced by that borrowed amo...
Q&A
Asked by finq79
Unfortunately, no, you cannot. Additionally, I
would ask why would you want specifically term
insurance? Here's why. At 85, with life
expectancy what it is, if you cou...
Q&A
Asked by Crystal
We would all like it if the cash - plus the
death benefit - went to our heirs. The death
benefit goes to the beneficiary but the cash
does not. It remains with the car...
Q&A
Asked by Nancy
Hello Nancy,
Some things to consider; time,
cost, and need. With a short period of time
like 2 years, the cost will be greater than if
you wait since this will most...
Ask a pro a question
Have your question answered by a professional