Based on my situation, as a part time driver with my mom, dad, and sister for state farm insurance, I pay around $400 every 6 months for liability insurance.
Is $241 a month too much to pay for a $200,000 universal life insurance policy?
You have to review your policy limits. Every policy is different.
What's the face value of the policy?
It depends what kind of policy you have.
Life insurance proceeds are usually tax-free.
One can estimate how much you would have to pay for a life insurance policy by attempting to calculate how much your family will require to live. You would also need to take in several other factors such as debt.
You can pay for insurance on an auto that is not yours...but the policy must be the titleholder's policy.
If you don't have insurance then there will be no one to pay for an accident. If you are hit by someone who doesn't have insurance your own insurance policy may pay for damage to your vehicle as well as bodily injury within your policy or state limits
Your Homeowners insurance policy will pay for damages that result from the covered perils specified on your insurance policy subject to the policy limits and any deductibles listed therein.
Yes, of course. The current owners on the policy have to pay for the insurance policy, This is why this policy states that it is a homeowners policy.
insurance, life insurance
Do I have to pay tax on my exhusband's life insurance if I am also the benificary of the policy?