Is $241 a month too much to pay for a $200,000 universal life insurance policy?
It is reasonable to pay around 20 dollars a month for a 200000 dollar policy as a healthy person in their 30's.
A monthly Insurance Policy is a type of insurance policy that expires Every Month, there is no grace period.
Universal Life is a type of permanent life insurance based on a cash value. That is, the policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value. The cash value is credited each month with interest, and the policy is debited each month by a cost of insurance (COI) charge, and any other policy charges and fees which are drawn from the cash value if no premium payment is made that month. The interest credited to the account is determined by the insurer; sometimes it is pegged to a financial index such as a bond or other interest rate index.
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.
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.
Mortality deductions Within a universal life insurance policy, the amount deducted from the account value each month to pay for the pure cost of mortality (risk of death) under the contract.
You have to call the Insurance company that issued your 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
Yes. Many auto insurance companies will let you purchase a 30-day policy.
Thats usually the way it is sold.
between 100000 and 200000 an month
This depends on what insurance company and what policy you have. Not all insurance companies include towing on their policy. Many times, you will have to pay for this service for an additional fee each month/year.