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Life insurance is a necessity if you have a spouse and/or children that rely on you for their subsistence. If you have no dependents it is not necessary to create a windfall for someone else.
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Why is it considered a bad idea to get life insurance for a child?
It is considered a bad idea for a child to get life insurance because insurance policies are paid continuously. Compared to a child, whose life expectancy is longer, adults will get more from life insurance policies because they are more like to die soon.
Why is whole life insurance not the best insurance to have?
Whole life insurance is not necessarily bad but it may not be right for you as it can be substantially more expensive than a term insurance. If you need life insurance but don't want to pay the high premiums on whole life insurance ask for term insurance quotes. Whole life insurance is a level premium from the time you get the insurance until you die which is good if you have an estate that will need liquid funds but not necessarily right for someone who is just looking for life insurance until their kids are grown or their mortgage is paid off
Do you need a will for life insurance?
You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)
What types of insurance are sold by Citizens Bank?
There are three types of insurance which are sold by Citizens Bank. Whether people are in good or bad health condition, they can buy and be covered by life insurance, long-term care insurance, and disability insurance.
What products does AAA Life Insurance Company offer?
AAA Life Insurance offers three main types of life insurance policy these include Whole Life insurance, Term Life Insurance and Universal Life Insurance.
What kind of cases do life insurance lawyers in Wichita, KS handle?
The following are the types of life insurance lawyers in wichita •Life Insurance for Smokers •Life Insurance for NonSmokers •Business Life Insurance •Universal Life Insurance
Can I get life insurance if I have bad credit?
Yes, many companies offer plans specifically for people with bad credit. You will have to pay a lot more, however.
What kind of insurance does Banner Life Insurance offer?
Banner Life Insurance offer life insurance services. They offer Term Life Insurance which covers a person for a specific time and Universal Life Insurance which covers one for life.
What insurance is known as ordinary of straight life insurance?
life insurance.
Is there a such life insurance company as federal life insurance company?
There is an insurance company called Federal Life Insurance Company.
What is non-life insurance?
Its all insurance that is not life insurance such as health insurance, auto insurance, home insurance, and so on.
Do actors have life insurance?
Anyone can have life insurance. So actors would have life insurance.
