How much does a one-million-dollar life insurance policy cost?
It depends on the insurance company and it also depends on rather or not the person whom you are trying to get insured was a smoker, drug user, or had HIV/AIDS. You can not get a policy without the insured knowing it. They must pass a health screening. That is what determines your quote. These online insurance companies can't really tell you anything with their online quotes. But if you are really serious then you would need to contact a insurance salesman or some sort of agent. They say, the typical million-dollar policy is around $250. Not affordable for the average person. And also remember that you have to have a reason for wanting a large policy like that to begin with. That type of policy will not be given to the average person who's gross income is $25K yearly. They would offer a person like that a normal life insurance policy. You must have reason for wanting one.
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Here is an anecdotal answer: . This evening I wrote a policy for $100/300-50 liability, $100/300 uninsured motorist annual policy for $283.00 including all fees for a non-owner driving a leased 2005 Cadillac Seville. A lot of coverage for a little dough, but he has a good driving record. I recomm…end you this site where you can get quotes from different companies: mycheapinsurance.net ( Full Answer )
Too many variables. Liability insurance for what? You need to contact an insurance agency that handles commercial insurance and ask them. Answer Somewhere between $50 - $1000 a month... $50 If you are doing something like selling flowers or something harmless, more if you are into EOD or radioa…ctive waste handling... Answer Probably about $100 a month for the average, not-too-dangerous service based small business. Answer But for real, like the other guy said, you need to call an agent- this stuff varies by location (someone working in the ghetto in Detroit or SCLA or something will definitely have different rates than someone in BF Maine or Montana). If you don't want to be too specific just ask an agent for a quote that lists the various deductibles and rates thereof. Unfortunately you wont find online quotes for stuff like this- it's not as cut-n-dry as car insurance, for example, too many variables... ( Full Answer )
A one million dollar general liability policy should be about $700.00 - $800.00 annualy if it's written correctly.. If you are asking about a Personal Liability Umbrella, the cost may be closer to $200 annual depending on what state you live in and what you want covered under the umbrella, and if y…our cars it also takes into consideration the driving histories. ( Full Answer )
Answer . It depends on the policy, but in many cases yes. Universal Life has many of the same characteristics of Whole Life insurance (i.e.- cash value)but is "technically" speaking Term Life that is renewed on a regular basis like every 5 yrs or even yearly.. If you are unsure whether the price… of your policy premiums will increase you can check the "cost index" page of your policy and you should be able to see if the price increases over time. ( Full Answer )
The average life insurance policy is worth around 250,000 dollarsto the survivor. Many people have policies that pay out evenhigher.
It will depend on a few things. The first is what type of business you are operating, where you are located, what limits of liability and property coverage you need, and the last will depend on your sales/payroll/square footage of your business.. Your state insurance department is your best resourc…e for insurance-related questions and concerns. Find information on insurance companies and agents, rate quotes and comparisons, insurance buying tips, claims filing information and much more! . State Insurance Department websites:. http://www.naic.org/state_web_map.htm ( Full Answer )
There are too many variables to give you an "on average". How old is your Mom? How much insurance? What kind of insurance? How is her health? And most importantly, will she sign an application? I can help. 4LifeGuild
It depends on many factors: your age, sex, occupation and health among others, and the amount of insurance that you want to buy. .
Generally, you can only borrow money from the following types of policies:. 1. Whole Life (aka Ordinary Life, Cash Value Life). 2. Univeral Life. 3. Variable Life. Note: there are a few others which are much more uncommon, generally speaking.. Note: there are some Term Life policies that accumu…late cash in the form of Dividends (which can be either anticiapated or unanticipated) and interest paid on accumulated dividends. This type of "cash" can be withdrawn but it cannot be put back.. 1. Whole Life. The money which can be borrowed from a Whole Life policy are funds which are known as the "Guaranteed Cash Value". These funds generally take many years to accumulate (5 to 20 or more years) before their is any meaningful value (acknowledged subjective). The easiest way to understand just exactly what Guaranteed Cash Value (GCV) is, would be to imagine this increasing value (GCV) to represent the portion of the policy "Death Benefit" that has become liquid. This "liquid" Death Benefit is one of the features that allows a company selling the policy to keep the premiums level for the life of the insured. It must be understood that when you borrow these funds out of the policy, you have removed some of the liquid Death Benefit. Therefore, if you should have a claim (die), this portion which you borrowed (and have not paid back) would be deducted from the Death Benefit that is paid to your beneficiary. It is also important to understand that the Insurance Company will charge you interest on the money you borrow. The reason for this is that the money is no longer available for the Insurance Company to use in generating a gross return on its invested assets.. 2. Universal Life. The same scenario as 1. Whole Life above, excepting that the funds in a Universal Life policy that can be borrowed are simply know as Cash Value. A very important negatine characteristic of Universal Life is that borrowing money, which results in interest being charged on the borrowed balance, can cause the policy to terminate from inadequate funding. A lengthy explanation would entail but is not really necessary for the layman. Just know that you should make sure you are getting good advice on the effect of borrowing and the interest charges when you have this type of policy. There is a small percentage of Life Insurance Agents that are only interested in getting you to buy a policy and might not be giving you the best information, so call the company directly and get a printout that depicts the effects of borrowing money for a length period. (Stress point: I do mean a small as in a very small percentage of Life Insurance Agent. The vast ... vast majority of Life Insurance Agents are good people who are looking out for your best interests).. 3. Variable Life. The same scenario as above except that your money in a Variable Life policy is generally "invested" in "sub-accounts" (read mutual funds, not literally) and consequently is subject to much more "market risk" than funds in a Universal Life policy which are invested in the "General Account" and where the rate of interest earned is the only variable factor with direct relation to the Cash Value. ( Full Answer )
In Canada, in the case of a brokerage (independent business that can sell products from a number of different insurance companies) usually 60% of the 1st year's premium goes to the insurance brokerage (business that the aggent works for) and then the agent may get 60% of that .. If a brokerage does… enough volume, they may qualify for a "bonus" from the insurance company and the agent may receive a portion of this too, upon the descretion of the brokerage. ( Full Answer )
The only way to determine how much your life insurance would cost for $250,000 is to request quotes for life insurance.. Each insurance company has their own pricing guidelines, and underwriting guidelines, so each carrier offers different rates for life insurance.. Several factors effect your lif…e insurance premiums, including your age, type of life insurance, gender, height-to-weight ratio, occupation, hobbies, health, family health history, if you smoke or not, and any medication you may be taking. ( Full Answer )
You submit a claim to the insurance company when the insured dies. They pay the claim to the beneficiary, the beneficiary writes a check to the funeral director for the expenses. You can also assign to the funeral home a portion of the death benefit needed to pay for the funeral. The funeral dire…ctor then submits the claim and receives the assigned portion. Simultaneously the beneficiary receives the balance of the death benefit. There are even companies that will advance the cost of the funeral, take a reassignment of the original assignment and submit the paperwork for the funeral home. ( Full Answer )
There are way too many variables to be able to give you a $$ amount including but not limited to your age, smoking status, personal health, family history, and the list goes on and on. Contact a reputable broker for multiple quotes.
That will vary, based on a large number of factors, including: your age, sex, & health "status;" the amount of coverage you want; and the length of the term period (how long the plan stays in force - the "term" period). Generally, the least expensive "type" of term coverage is "yearly renewable term…," where the price increases each year as you get older. Once you start looking at longer term periods with a level premium, like 5, 10, 20, etc. year plans (where the price is "averaged" over the length of coverage) the prices will, naturally be more expensive to start with. For most folks, level term plans of 20 years or so are often the most cost-effective. For more data, go to http://www.acforrest.com. ( Full Answer )
I am currently doing research on it. And from my understanding itall depends on whom you are trying to insure. It depends on health,smoking and alot of other things.
Unless there are gift or estate tax consequences, then a $500,000 death benefit should pay the beneficiary an exact $500,000. Life insurance benefits will generally be paid income tax free. If the situation is more complicated than it would have to be assessed differently.
There are no acquisition or application fees to apply for life insurance. The only payment required is for the policy premium.
The amount of money paid out will be listed in the policy itself. Read the contract to find this out.
I would call your company because some may charge. If they do, it could be a 10% fee. Your best option would be to let it run out by not making your payment. Make sure you have coverage in place before that one expires though.
Ten (10) times annual income is the rule of the thumb when it comes to determining the amount of life insurance. Other considerations include number of dependents, amounts of financial obligations you have, age, and your total financial goals/plans.
A US five cent piece weighs 5.00 grams, has a composition of 0.750 copper & 0.250 nickel and a diameter: 21.2 mm.
Life insurance can have a very low cost, if purchased at a young age, non smoker and good health. The premiums do not increase for the length of the insurance contract (unless you get an Annual Renewable Term). Term life insurance is cheaper than permanent life insurance, because of the mortality ri…sk. In most cases, Term Life Insurance is sufficient to cover the protection needs for mortgage protection, or loans, or until children become financially independent. Free quotes can be obtaines on various websites, comparing different insurance companies. Ultimately, a good agent can find the best plan and company for you. ( Full Answer )
It depends on several factors such as the drivers age, marital status, sex, driving record, etc. Often times it doesn't cost anything to add another driver. Unless the driver is underage, has tickets, etc. there would be no cost. It can even reduce the overall rates on the policy, it just depends on… the circumstances. However the cost to not add a driver to your policy can b e substantial. If an unlisted driver has an accident the insurance company can and will deny the claim for material misrepresentation (lying). Read your policy carefully. Most companies require that everyone in the household be listed or excluded and that any regular drivers be listed on the policy. This doesn't prohibit you from letting someone use the vehicle for a day or two as long as they don't live in your household. However, it is never a good idea to loan out your vehicle because you are loaning your insurance as well. For full disclosure, I own and operate a small Independent Insurance Agency in Georgia and have for the past 22 years. I also worked for a direct writer for the 3 years before that. ( Full Answer )
The cost of a life insurance policy depends on your age, lifestyle habits and marital status. It is hard to determine without these specifics. Additionally, any features that you woul dlike on your life insurance policy would effect the price.
Does the definition of a person's lifestyle choices affect the costs of term life insurance policies?
I beleieve that if a person was to smoke and inject drugs thwen yes their life insurance would cost more as they make themselves more prone to diseases such as cancer or needing hospital treatment for severe injuries however if a person did not smoke and lead a healthy active lifestyle it should not… cost so much as they have done all they can to keep themselves healthy ( Full Answer )
If you are referring to the death benefit paid if the insured dies, then no tax is due at all. This is the case if the money was left to a person as beneficiary and as long as the premiums were never deducted as any type of expense. If the beneficiary was the estate of the insured and the estate is …large enough there could be estate tax consequences but under most normal circumstances there is not income tax on death benefits from a life insurance policy. ( Full Answer )
This cannot be answered in a forum like this. The amount of coverage can be tailored to meet your insurance needs. Prices will depend on you age, sex, physical condition, etc. as well as what type of policy you need. For instance, if you need $500,000 of life insurance but can only spend $350 per mo…nth, a good insurance agent should come up with a policy to get you the coverage you need for the price you can spend. I would normally do this by talking with you about your needs. It may be that out of the $500K you would want $200,000 to raise and educate your children for the next 20 years and the extra $300,000 would be needed to pay off debts and replace your income to support your spouse. We could combine a 20 year term rider for the $200K attached to a permanent policy for the remainder. There are many types of life insurance policies to get what you need for what you can spend. ( Full Answer )
A forum like this is not the place to get rates on insurance. There are far too many factors involved with rating insurance especially a commercial insurance policy like your are looking for. I would recommend that you contact a couple of independent insurance companies and speak with them. They can… compare rates from different companies and recommend the best coverages so you can make a decision. Deal with an agent you trust and don't make the deicsion based only on the premiums. ( Full Answer )
On average how much does a one million dollar liability two million aggregate insurance policy cost?
That would depend on what type of business you are referring to and the exposures of that business endeavor. It could cost you 500 dollars or 50,000 dollars. There is just insufficient information here to provide an answer.
Depends on what business you have, what license you carry, gross receipts, payroll etc. There is no "typical rate" without have more information. You could work with a Broker such as myself to shop the market for the best rate, based off of the information listed above. If you would like more assist…ance with a quote you can send me a message on my user page. ( Full Answer )
Some carriers include the following riders in a life insurance policy, without any additional cost: - Accelerated benefit rider (partial benefit paid in case of terminal illness) - Accidental death benefit (additional benefit in case of accidental death) - Waiver of premium (most companies will char…ge extra premium for this rider). ( Full Answer )
How much cash commisson does a license insurance agent earn from the sell of one life insurance policy?
Ever wonder how much a life insurance agent makes on yourpolicy? Does an insurance agent receive a salary? . That's a dirty little secret the insurance industry doesn't wantyou to know, for fear it would kill the sale. . "If the public knew that my general agent gets 120 percent orthat I get 85 pe…rcent of the first-year premium, that would be aneye-opener," admits one life agent, who spoke on condition ofanonymity. We'll call her Anne. . Review quotes on life insurance from reputableinsurers. . For example, let's say you purchased a whole, universal,variable life or term life policy from Anne and paid $1,000 inpremiums the first year. Anne would receive a commission of $850and her general agent, or GA, the person who solicits Anne'sapplications, would receive the remaining balance of $350, for 120percent of your first-year premium. The insurer throws in the extra20 percent. . Anne's commission is negotiated between her GA and the lifeinsurance companies that underwrite the policies she sells. It isinvariably based on a percentage of the first-year premium. If thecustomer cancels the policy in the first year, Anne must pay itback, or charge back , that amount to the insurancecompany. So no salary for these agents, most are paidcommission. . She says most life insurance companies she works withgive away the entire first-year premium and more in salescommission. It may seem substantial, but it amounts to penniescompared to what the insurer expects to receive in premiums foryears to come. ( Full Answer )
Obviously the more payments you break the premium into the more the company will charge for the billing fees. The fees for dividing up the premiums on life insurance or most kinds of insurance are very small so whatever makes it more convenient for you is worthwhile.
The monthly premium from Delta Dental for one individual is $32.78. The premium for one individual and one dependent is $62.44. The premium for one individual and two or more dependents is $110.11.
The average Washington Home insurance rate in June 2012 was $668.00. The rate has increased since Feb 2012. There are other ways to reduce the cost of home insurance such as security alarms or bundling with auto insurance.
Low-cost life insurance policies vary widely depending on age, health, state, and other lifestyle factors. Nearly any insurance company can sell you low-cost life insurance, but the payout is often much smaller.
Regardless of your age, ethnicity, or gender the premium for Globe Life Insurance is $1 for the first month. As to the other months, price is based off of different risk factors that other Life Insurance companies take into consideration.
The cost for a life insurance policy depends on your age,your health and the amount of the death benefit. Also the time period of your insurance affects to the price of the insurance. The yearly average price of whole time life insurance can be anything between $1.200 and $2.000. The term insurances… are much cheaper for example 10-to20-year term cost$300 to $500 per year. These examples and averages would cover $250.000 in case of death. ( Full Answer )
The answer depends upon a number of factors. These include the State in which you are located, the insurer, whether there is a "bite" history, and whether you are speaking of primary insurance or coverage under an excess or "umbrella" policy. Given the amount of insurance that you mention, it sounds… if you are referring to an umbrella policy. This would sit atop your primary homeowner's coverage. ( Full Answer )
This price of this policy is all dependent on several variables, but it typically costs half of one percent of insured sales. Rates are dependent on trading history, and historical debt loss.
Unfortunately, life insurance is never a cut-and-dry solid price. Like all kinds of insurance, the cost of life insurance varies widely from individual to individual; insurance companies hire people specifically to figure out just how much to charge people based on statistical information. The best …way to find out how much it costs is to contact the Primerica Life Insurance itself. It may be helpful, however, to note that, according to some, Primerica is rather pricey for life insurance. ( Full Answer )
Life Insurance policies can be found online or at a local insurance agent. Life insurance policies are available on most insurance websites AAA, AARP, and Geico just to name a few.
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.
One can sell their life insurance policy and this is called Viatical Settlement. An insurance company sells insurance policy to a person. This person (viator) sells his policy to another person (viatical settlement provider). When the first person dies, the second person will benefit and cash in the… money. ( Full Answer )
$99 It depends if you get a contract and from who your buying it from. Amazon is cheap and contract free.
The iPhone 5c weighs 4.65 ounches. It is heavier than the iPhone 5and 5s which weight 3.95.
According to the Apple Store (link below) Without a service contract: -iPhone 5c - 16GB: $549 (404 Euros) -iPhone 5c - 32GB: $649 (478 Euros) With a service contract: -iPhone 5c - 16GB: $99 (73 Euros) -iPhone 5c - 32GB: $199 (147 Euros) Prices may vary depending on where you purch…ase the phone, and additional features. ( Full Answer )
At Radio Shack a blue iPhone 5c cost around 400 dollars. It may bea little cheaper if you find it on sale.
The cost of any life insurance policy will depend on your age and health. Life insurance - ANY insurance, actually - is a bet. You're betting that you will die, and the insurance company is betting that you won't. The insurance company wants to make sure that the odds on the bet are favorable to th…e insurance company. So you are young and healthy and you bet that you're going to die, the insurance company bets that you'll live, and they're laying odds of 500 to one that they're right. You put down a premium of $500, and the company pays $250,000 if you die. If you're old, or already sick, or a daredevil, then the insurance company won't give you high odds of survival; they may offer lower 100-to-one odds, in which case your premium would be $2,500 per year. At some point, your odds of survival for another year as you get older get to be pretty low - and you won't be able to buy insurance at ANY price. ( Full Answer )
IPhone 5 body size: 123.8x58.6x7.6mm iphone 5C body size: 124.4x59.2x8.97mm iphone 5S body size: 123.8x58.6x7.6mm from three mobile phone book terrorist spending than watchers noteberth Lu body size parameters of the chips can be seen, the iPhone5 and the iPhone 5S size and thickness are the same, i…Phone 5C than5 and 5S to be long, wide, also want to thick. from www # eggask # com ( Full Answer )