Comments on: Everything You Need To Know About Life Insurance (And More)

By: rick james

rick james — Sun, 06 Jan 2008 18:44:23 +0000

sick article i used it for a school report and it was very informative
dont worry i sited my source:)

By: Seth

Seth — Thu, 05 Jul 2007 05:40:00 +0000

What a great article. Concise, direct, with good resource info for people who don’t know what they’re looking for. Like Kmull, I’m filling out the info for a new policy after reading this, Thanks!

By: broknowrchlatr

broknowrchlatr — Mon, 09 Apr 2007 15:51:00 +0000

Great post. I just got Term life for 10 years at $1 mil coverage but will probably renew at $500k or less after that. I disagree with citoahc’s argument. It’s almost like saying that you are taking a ‘really’ bad deal on a poor investment (whole life/permanet policy) in order to have the right to invest in a ‘faily’ bad deal later on.

The only good use of a whole life policy, in my mind, is to get once with your beneficiary as the owner so you can save on estate taxes.

By: KMull

KMull — Mon, 09 Apr 2007 14:16:00 +0000

Interesting information. I need to get a life insurance policy. Thanks for the heads up.

By: Citoahc

Citoahc — Mon, 02 Apr 2007 19:36:00 +0000

One major reason to get a permenant policy is that most of them garentee you will be able to get more latter at reasonable rates. If I came down with a terminal desease I could still get an extra 25k policy in december at the same rate as a health person.