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If your children sell life assurance, and you want some, and theirs is the best for you, then do it.
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∙ 13y ago
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Do vets get life insurance?
They can buy life insurance...and should!
What type of life insurance should you buy?
Mortgage insurance
Should you buy Gerber life insurance for your child?
it depends on if you want to. What gerber does is that it helps your child/children when they are older, but only when you have passed away (the parents or parent)
Where can one buy life insurance online?
One can buy a life insurance online at Colonial Penn, AAFMAA, OLE and many others. One should take care and time before applying for a life insurance. Some life insurance sites might be untrustful.
Can daughters buy life insurance on their father?
Yes. As long as there exists an Insurable Interest between two parties, they can buy life insurance. For instance, there is insurable interest between spouses, parents and their children, and relatives. A daughter may purchase life insurance on her father.
Should I look for affordable whole life insurance, or is it better to just buy a term life insurance policy?
Whole life insurance does come with several benefits. I would personally suggest term life insurance the the cost savings.
Why should an individual in their 50s buy life insurance?
An individual in their 50's should buy life insurance, because that's the age one becomes more likely to die of a heart attack or have some type of accident.
Can you purchase life insurance on your ex husband you have 2 children and he refuses to buy any?
People will only buy insurance for 3 reasons; Love, Character and a Divorce Decree. Sound like he has none of those. You should get a court order forcing him to buy insurance to protect his child support payments making you the beneficiary. Likewise you should have some if something happens to you, despite how much you hate him. You can make the purchase of life insurance on him if he will agree to sign the application. He is a dirtbag if he won't even let you do that! 4lifeguild
Can you take out life insurance on your parent?
Yes you can purchase life insurance on your parent. In order to buy life insurance on another person there must exist an Insurable Interest in that person. There does exist an insurable interest between siblings, spouses, and parents and children.
Where can I buy a life insurance plan?
You can buy a life insurance plan, individually, or a family life insurance plan, from a bank, or an insurance company, such as all state, progressive, or state farm.
Where to buy mortgage life insurance?
You should never buy mortgage life insurance. It is an expensive simplified issue term policy. Just buy a regular term life insurance policy. Find an independent agency and have them run you quotes on whatever amount is your mortgage plus living expenses for your family for 5 or 10 years.
Why should a person buy life insurance?
You should buy life insurance if someone will suffer financially if you die prematurely, or to provide for your family/survivors regardless of your age at the time of your death.AnswerRegarded as the cornerstone of sound financial planning, there are many compelling reasons to buy life insurance. One of the main reasons is to replace the income of the insurer after his or her death. A dependent spouse, young children and even siblings who rely on you financially will not suffer after your demise with the correct insurance plan. Life insurance benefits can be used to cover burial and funeral expenses, debt and medical bills and estate taxes. Your beneficiaries can benefit from the inheritance of your life insurance policy benefits. Insurances such as whole life and universal life insurance with a cash value component can even be used as a mode of savings as this element can be withdrawn or borrowed on request. Insurance here acts as an enforced savings plan, which is tax free if paid as a death claim.
