Are young ppl thinking about life insurance?
124968
dsinngerdj,\nYou are providing poor information to the public and any clients that you meet with.  It appears that your only product line is term insurance so you say that that is the only type of insurance that makes sense for anyone.  That is simply wrong.  Every person has a different financial situation and until they have reviewed their situation and established a plan, you can not say that.  For many people a combination of term and permanent coverage is their best bet.
172848
I'm always amazed reading answers from people who have no idea what they're talking about.\nIf you've had that policy for 20 years you'd be crazy to cash it in now.  You can never again buy a policy for what you are paying now because you are 20 years older.  It's good you have other insurances, but someday that term insurance is going to end.  The accidental insurance is only good while you're with that employer and if you die accidentally.  This policy will stay with you and the premium will never increase as long as you live.
236363
There is a lower costing health insurance called KChip that is just for children. I don't know if it is just available in my state of Kentucky but you could type it in the search engine and they might have something similiar in FL for you.
377060
The answer is C.  You pay for a certain # of years & are covered during that time.\n\nRon @ InsureMe http://www.insureme.com/landing.aspx?Refby=614505&Type=life
516302
Check out health plans available through your college and see what students like you are doing about health insurance. If that doesn’t work, several major insurance companies have developed plans aimed at the so-called “young invincible” market – people in the 20’s. That’s a good thing since about a third of all recent college graduates don’t have health insurance. Two of the most prominent plans are from Blue Cross Blue Shield and UniCare. The BCBS plan is called the “Tonik Health Plan” and was originally developed in California, but is expected to expand rapidly. It features low premiums ($70-$135) and high deductibles ($1,500-$5,000). Another plan for men and women in your age group is from UniCare. Again, it started in Texas but is supposed to branch out to other parts of the country. It’s called “Sound” and has features similar to the BCBS plan.\n\nHealth plans differ in three basic ways:\n\n•monthly price/annual deductible\n•access to health care (the degree to which you can visit whom you like and undergo medical treatment a specialist thinks you need)\n•financial strength of the insurance company\n\nAlso, the price of a plan is not simply the premium you pay each month. You also have to consider the annual deductible, as well as any coinsurance amounts or copayments. Additionally, the savings you can achieve through an HMO, PPO, or other managed care plan can be erased if you have to go outside the network for expensive medical care. I’ve included links to two articles that do a good job of walking you through making the best possible choice in health insurance you can afford that still provides the coverage you need.\n\nYou might also want to look into short-term medical insurance. It doesn’t offer the same range of benefits as longer-term insurance, but many people get these kinds of plans when they’re in-between jobs. Typically, they last from a month to six months, although you can find short-term policies that last for a year. Short-term plans usually help pay for:\n\n•Hospital room and board\n•Ambulatory services\n•Intensive Care\n•Lab Exams\n•X-rays\n•Prescription medications\n\nThe Web has many different Web sites where you can compare and contrast local health plan prices and features. MostChoice.com is one such site, and you can also get in touch with local area agents without any obligation. Tell them what you want and what you want to pay and have them do the legwork for you.\n\nYou can visit MostChoice here: http://www.mostchoice.com/health-insurance.cfm\n\nHope this helps,\nBarnes@MostChoice
218374
Wrong, dude! People who believe in insurance are realistic people because they know that no one can avoid death, no one knows when they are getting sick and will not be able to earn money anymore, or they know that bad things can happen to anybody at anytime. They are still healthy and they buy insurance policies, they are building a protection for themselves and their love ones because if they are unhealthy no insurance companies will take them as clients. Insurance companies only except clients with good health conditions to start their policies. \n\nFor your information, modern insurance companies will work as financial consultant, not only for insurance matter but they can make their clients' policies as investment as well. It's commonly called asset management. Investment with protection (insurance).
286187
In many life insurance companies, no one is covered if the owner of the policy commit suicide. Some companies have a suicide clause where you are covered for a certain amount of time when you commit suicide. For a beneficiary to claim life insurance proceeds, a proof of death is required.\n\nRemember, if you are choosing term, you want to choose the maximum length available like 30 years. And also, you want to invest in mutual funds at the same time (you should put away $100/month into it if you understand the Dollar Cost Averaging concept).
313168
There's a lesson to be learn from here. To avoid your future family going through the same mess, get a will. Sorry to hear your mom pass away, but if she had a will, your family wouldn't be so frustrated on who should get what.\n\nIn life insurance, all the name beneficiaries on the policy are paid equal amounts. So there's really nothing to fight about on this topic.
557394
Buy a good life insurance policy and think of the ones you love while filling in the beneficiary.
53911
Probably no copay, premium or deductible.  Yes, I believe they are covered for the rest of their lives.\n\nSo unfair.
606615
its usually up to the company when they purchase the policy, most companies go with age 23 providing that the dependant is a full time student and 19 if they are not. Dependant children do, however, have their own right to COBRA, which extends their coverage for 18 months. After COBRA ends you sometimes have the right to CAL-COBRA which is another 18 months. As soon as all COBRA options are exhausted, you have the right to purchase a private health plan anwhere, called a HIPAA plan. The COBRA laws are regulated by the department of Labor, and the IRS. If you do not elect COBRA, your son will have to get MRMIP (Major Risk insurance) which is not a fun process. Having heart surjury means he is un-insurable for the rest of his life in the private sector, he will either have to get the HIPAA plan, or work somewhere with group insurance benefits. Good luck to you!!! (Sometimes when a child is extremely dependant you can go through a special appeal to keep them on your plan, but it may be very difficult)
622196
That website is a total scam. $1 for just first month premium and then it is adjusted to your current age after that. If you want to do the right thing, you would keep investments separate from insurance.\n\nTwo ways to invest for your children:\n1) Open UGMA/UTMA account at a financial institution\n2) If investment is to be used for college, then open a 529 plan or Coverdell plan.\n\nIf you are looking to get insurance for your children, you would buy a 10, 15, or 20 year term with just $10,000 in coverage. After that, they are old enough to buy their own life insurance.
456491
if 18 and older teens then a lot of $ if under 18 then 25 to life!
70318
i don't think they'll accept anyone under 16. something about insurance liability with most places and that.
243089
I worked in life insurance and annuity administration a couple years ago.  Here's how it goes:  Not just anybody can take a policy on you.  There has to be a matter of insurable interest; meaning that if you die, there will be financial burden to the beneficiary of the policy (this can be family or possibly a business, estate, etc...).  This prevents people 'betting' someone is going to die, then cashing in the policy.  Generally, immediate family members can be the owner and beneficiary of the insurance policy, but the insured must acknowledge somewhere on the application they are aware there is insurance taken out on them.  Unless they are a minor.  That is another explanation.  \n\nHope this helps.
581765
No their are alot of ppl going to the hospital with no insurance they come in all cultures: White, Black, Brown, Green, Yellow. and not only the poor, its easier for them to get heath care then it is for a two parent family with jobs, unfortunately the price for health and dental coverage is unbelievably high so a lot of ppl are uninsured. \nAs for schools alot of them are closing in the poorer communities at least I know they are where I live.  Due to not enough funding, class attendance, (and not just Mexican children)\nand not enough teachers willing to work in those communities. I know some colleges will send practicing teachers to these schools just to have a "teacher" there. So the schools close and those children have to go somewhere.\nDoesn't everyone these days own a car or three?\nI'd blame our government for not looking at the real issues and investing our money in things that are not as important like a sports stadium.
611579
You can not buy life insurance on anyone. You can't even buy it for a friend. You can buy it for family members, as long as that person agree to let you buy life insurance for him/her. There must be an insurable interest between both parties.