answersLogoWhite

0

To put money into life insurance, you can purchase a life insurance policy from an insurance company and pay regular premiums to maintain the coverage.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

How do you get money back from lapsed life insurance met life?

how do you get money back from life insurance met


What types of insurance does Virgin Money offer?

Virgin Money offers life insurance, car insurance, home insurance, pet insurance, and travel insurance.


Can you put life insurance on your parents?

If they are elderly parents, Yes. But if you are under 40 you cannot put life insurance on your parents.


What is problem of Insurance in Bangladesh?

What insurance? Life or Properties! Life insurance is a problem for poor countries. When one have no food or money, will he go for insurance?


Can you get money from your life insurance policy?

You can get money from life insurance in the form of maturity benefit and death benefit (the later being paid to the nominee).


Is whole life insurance recommended?

No. Term life is your most economical type of life insurance. The salesman will tell you about the cash value of the whole life policy, but the rate of return is terribly low. Buy a term life policy and put your savings in an IRA, 401K, CD, money market account, Roth or other investment. That is what the insurance company would do with your money, so why not cut out the middleman.


Your daughter was named beneficiary for her fathers life insurance the money was put in a trust fund until she turned 18 Upon reaching 18 will the money she receives be taxable?

No. Life insurance proceeds are not taxable. However, depending on the trust, the earnings, if any, while in the trust may well be.


Can you borrow money from group life insurance?

No. Group life does not belong to you.


Meaning of life insurance?

the meaning of life insurance is giving a husband or wife a chance to murder the other for the money


Can a trustee in an irrevocable life insurance trust borrow money from a life insurance?

No to avoid estate tax penalty


How does one get a free life insurance?

You can get free life insurance from the company MassMutual insurance. It is a term life policy so you will have to die before your kids can collect the money.


What are the main differences of term life insurance vs whole life insurance?

A life insurance is only good for life coverage, when you die an amount of money is given. Whole life insurance includes investments you have. Such as stock market.