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There really is not enough information here, but my initial reaction is 'no, unless the subject of insurance is really old'.

Before you buy, get some competitive quotes.

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Q: Is it worth it to spend 158 dollar a month on a 50000 dollar term life insurance policy?
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What is the premium on a 200 thousand dollar whole life insurance policy?

It all depends on many factors: the client's age, gender, resident state, tobacco user or not, health issues and medications ... For example, a healthy Male, age 35, non smoker, can get $200,000 WL policy for $116.17 per month (with Company A) and a UL - NO-LAPSE-GUARANTEED policy for $200k for $79.93 per month (with Company B). Premiums will never change for the life of the insured, and the policy is guaranteed to stay in force.


What is an insurance policy renewal?

Insurance is purchased for a specific period of time, which is usually a month, a quarter, or a year. When the time period is over, the insurance will lapse unless you renew it by paying for another period of time.


How much is 50000 dollars a year to dollars per month?

About $4,166.67 a month, before taxes.


Your home insurance was not paid by the mortgage bank last month The insurance policy has been cancelled Does the bank have to insure you now?

The bank must make payments of these items from the account on time, if you kept an escrow account with the bank and carried out regular deposits for the taxes and insurance payment. If the bank does not pay the insurance premium on time and the insurance policy is cancelled, the bank must either get in touch with the insurance company and make them reinstate the policy, or buy a policy with another company. Nevertheless, within this time you keep being liable for continuing the insurance payment through your escrow account.


How long does it take to get insurance money that was left to you in a policy?

Contrary to popular belief, insurance companies do want to pay out proceeds. After you supply all required documentation (claim forms and death certificate), a benefit check usually only takes a month or less to receive.

Related questions

What is the monthly cost of home insurance?

That depends on the cost of the home Policy your purchased. A 1,200 hundred dollar policy might cost you 100 dollars per month where a 2,400 dollar might cost you 200 dollars per month. You would just need to do the math


What is the monthly insurance?

A monthly Insurance Policy is a type of insurance policy that expires Every Month, there is no grace period.


What are reasonable quotes for whole life insurance?

It is reasonable to pay around 20 dollars a month for a 200000 dollar policy as a healthy person in their 30's.


is $241 a month too much for a $200,000 universal life insurance policy?

Is $241 a month too much to pay for a $200,000 universal life insurance policy?


What is family medical insurance?

Family medical insurance is a medical insurance policy thast covers you and your family members under one policy. Everyone covered on the policy has a specific monthly premium that is billed as one dollar amount. For instance, you may pay $100.00 per month, your wife $125.00 per month, your son $75.00 per month, and you daughter $85.00 per month. The bill for the family medical insurance would cost the total of $385.00 per month. As long as everyone is under one plan, the plan will pay the same for each individual person.


What is the rate of AIG Insurance based on a six month policy?

The rate of AIG insurance based on a six month policy really changes based on each family's situation. The more liabilities a family has, the higher the rate of insurance.


Which insurance companies offer 6 month policies?

AnswerMost insurance companies offer them. However, there is no real advantage to them over the 12 month policy as you are able to change insurance policies at any time during the 12 month policy period, if you find a better rate.


What is the average cost of insurance for a million dollar property?

$750/month


What is the mailing address for life insurance policyholders in Florida I am in Oregon and think my premium is due this month but have no bill. Policy?

You have to call the Insurance company that issued your policy.


Does any insurance company offer a month policy?

Insure your car for a year ,then after a month return the plates and cancel the insurance. You should be credited any overage you paid in


Does The Globe Life Insurance Company offer affordable prices for life insurance?

Yes, Globe Life Insurance is affordable! The first month is a dollar! The following months make up for that a bit, but the fact that you get a dollar for $50,000 coverage for a month is pretty remarkable. If the service is not satisfactory, you can just change insurance after that.


Can you buy car insurance for a month?

Yes. Many auto insurance companies will let you purchase a 30-day policy.