0
It depends on what your insurance needs are. You can use the calculator here to see if variable life insurance is right for you http://www.lifehappens.org/life-insurance/life-calculator
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Is purchasing a supplemental insurance policy for life or health a good idea?
100% yes.
Do you need a life insurance policy if Im healthy?
Is is always a good idea to invest in a life insurance policy whether a person in healthy or not. Life insurance policies don't just cover age and disease but also loss of life caused by accidents.
Policy of hdfc insurance policy no is 10557117 and how can i know the present policy value?
call the company and give them your info. they can tell you. and its not a good idea at all to post your policy number online at all !!!!!!!....unless you want a swindler to have access to your policy!!
Do I need general insurance for my business?
If you are purchasing insurance for your business or employees the nit would be a good idea to have an agent. They can answer any questions and set up your policy for you. Try www.insuranceforvolunteers.com/
Is there a way to have my clients sign a waiver instead of buying expensive liability insurance?
You can have clients sign a waiver. However, it's still a good idea to have an insurance policy in place.
Is it a good idea to shop around for a car insurance quote before you commit to the insurance plan?
You should definetley spend some time price comparring before commiting to a policy.
What type of life insurance product has variable premiums and face amount?
Universal Life insurance has variable premiums built into the policy (whether traditional Universal Life or Variable Universal Life). However, many people end up paying less than they need to and the policies don't work out the way they planned. If you do a Universal Life policy, make sure you have a trustworthy agent. As for variable face amounts, some term policies have built in options to enable increasing the face amount of the policy at certain points in time. This may also be an optional rider on some policies, but there is a cost to it. This can be a good idea if budget doesn't allow for the appropriate face amount. Often insurance companies will allow you to reduce the face amount of a policy and get a reduced premium. Permanent insurance (Whole Life and Universal Life) have variable face amounts based on dividends and interest that may add to the face amount over time. Feel free to ask more. Brian Lombardo, CPA, Agent
Is it a good idea to purchase supplemental insurance?
it probably would be a good idea to get supplemental insurance if your present insurance doesnt cover 100%. it does not seem to be a good thing without insurance already.
Is it possible to have your name on your parents insurance policy if the car loan and the registration are in your name?
This is not a good idea. You need your own insurance policy. There are coverages you do not have by being on your parents policy. You want to be a "named insured". This means that you control the policy and not your parents. If you want to loan your car to anyone you can, if you are on your parents policy you cannot do this. Also if you need to rent a car, you are not covered under your parents policy to do this. You would be under your own policy. Contact your insurance agent for a better explanation.
When is insurance comparison a good idea?
It is always a good idea to compare insurance offerings. Often there is another insurance program that offers the same or better protection for less money.
Who is responsible if a rented car is involved in an accident?
The person who rented the car will be responsible for it. When renting a car it is a good idea to either pay the insurance, check to see if your current auto insurance will cover it, or if the credit card you use may have an insurance policy.
Does your homeowners insurance cover the theft of your neighbors saw that you borrowed?
In general your Homeowners Insurance Policy is specific to property of the named insured. But it really just depends on the type of policy you purchased and the scope of coverage afforded. It would be a good idea to contact your insurance agent. Your agent could advise you on possible coverage for the stolen property.
