i'm 21 years old and thinking about buying life insurance?
826855
I bought life insurance when I was 23. The main reason I bought it was to lock into the low rate. As you get older, the cost to cover you gets more expensive. Second reason was that if I were to die, my parents would have money to use toward retirement. Of course, my reasons will change when I get married some day. For now, my parents are my beneficiary.\n\nAnyway, you don't buy life insurance. You have to qualify for it. You will be subjected to medical testing such as urine test and blood test and HIVs.\n\nIf you want to know the two main types of life insurance, read this: http://obe231.blogspot.com
580594
I don't know what Php mean.. I guess you are somewhere outside of the United States.\n\nAnyway, let me explain what an investment in a life policy is. First, this investment is not for your retirement. This investment is known as a "cash value" in the life insurance industry. If you wanted to use it anytime, you will have to borrow it and pay back with interest. This interest does not go back into your investment, but rather kept by the insurance company. If you miss any premiums or decide to stop paying in the future, the insurance company will use your cash value to pay for it. When you die, you will lose all cash value and your family will only get the death benefit.\n\nWhat I would do? Buy a 30 year term policy with Php500,000 coverage. You said you want to invest in real estate. You may do that, but I recommend investing in mutual funds too. When your term policy expires, you probably won't need life insurance if you invest wisely and continue to put away money each month.
444048
Your best bet is to consult with an insurance professional.  All the major life insurance companies are reputable.  I would avoid anything on line.  An insurance professional will work out something for you within your budget and explain how to list your children as beneficiaries.  They do not have to be adults to be listed on your policy.
1007333
MetLife is a good company. Basically if you follow their program and work your tail off, you will succeed. However... it's one of those deals where you "starve for 2 years, scrape by for 5 years, and then after 5 years if you've been doing it right, you're making good money."\n\nSo the question is, are you emotionally suited to selling insurance? Can you stand to scrape by that long, busting your tail?
1031508
I’d check out Consumer Reports (link below), America’s Health Plans (link below), and whatever other informational resources you can find. I’d also talk with locally licensed health insurance agents. I’ve also included a couple of articles about choosing a health plan that might be useful. They are government-authored, but they’re actually pretty good.\n\nAffordable can mean what you can pay month-to-month or what can help shield you from a really expensive illness or medical procedure. For example, I’ve spent money on health insurance for over 10 years and have had only two non-routine doctor visits. My sister, on the other hand, has unfortunately had to use her insurance a lot. The bad news is that insurance prices are increasing and fewer and fewer employers are offering it to their workers. The good news is that you have a lot more options in health insurance than you used to. Just remember that the more you pay monthly, the less you’ll pay out-of-pocket before the insurance company picks up the bill. And, of course, the less you pay monthly, the more you’ll pay before the insurance company helps you out.\n\nTwo new plans aimed at twentysomethings are popular right now – but you don’t have to be in that age group to join. They are “Tonik” from Blue Cross Blue Shield and “Sound” from UniCare. They have low premiums and high deductibles, but they can also include dental and vision for a relatively low amount of money. Regular doctor visits are also included. In less than two years, Tonik has become the second most popular BCBS health plan in California. The only problem is that they are not available nationwide yet.\n\nYou should try visiting MostChoice.com. It’s a Web site that helps you shop for health insurance. They have free instant price quotes and policy information on health plans near you, but their specialty is getting you in touch with state-licensed agents. There’s no cost or obligation to buy insurance. You just fill out a short form and wait for the agents to contact you (within 48 hours). Have your questions ready and let them work until one of them delivers the plan that’s right for you. You might want to have a set amount you want to spend each month on insurance and tell the agents to work within those parameters.\n\nYou can find MostChoice here: http://www.mostchoice.com/health-insurance.cfm\n\nHope this helps,\n\nBarnes @ MostChoice
437690
The best you might be able to do is try to find a 'guaranteed issue' policy that does not require medical underwriting.\nThis is going to require the help of an agent very familiar with non-standard forms of life insurance.\nThis product does exist but you are going to need help, so call some agents and 'interview' them about this kind of product.\nIf they tell you they don't know of anything, try somebody else because it is out there.
1041060
there is such a thing as pet insurance but you have to read the fine print because some can be a huge waste of $.  Pay close attention to what is considered a pre-existing condition and what is covered in that arena.  I had a bad experience with one pet insurance company that pretty much said that anything my pet had even been tested for would be excluded for life.  My dog was a puppy and had been tested for quite a bit when I first brought him home...I would make sure that you look into this before purchasing any pet insurance policy.  Also check the cancellation policy and see if the insurance will cancel when your pet reaches a certain age.  The price range for coverage for a dog can be anywhere from $15-50 per month depending on how much coverage and what type of plan you purchase.  Check out www.petinsurance.com.  I have heard a lot about them but have not used them myself - I too am shopping for a policy.
476440
I can advice you.\n\nI cannot tell you what you should look for because I don't know what types of investments are you looking or how much money you have or for how long are you going to invest or how old are you and other factors.\n\nING is an Excellent Insurance Company and they are currenly offering the third highest interest rate in the United States of America.\n\nThe second highest interest rate is HSBC with 4.80%
4739
It would be a good idea to purchase Long Term Care Insurance at age 60 or older; and not before. The best providers of this type insurance can be found on Dave Ramsey's web site. It's roughly $100 per month.
1009140
Your focus should be on what if with all this traveling, being overweight, getting older etc, you die.  Is your family taken care of the way that you would want them taken care of?  If you have a new baby, the death benefit is more important than the premium.  Otherwise, it does not make sense to get the insurance at all.  If you think that your risk factors will improve, then you should get a 5 year term now and when the factors change, then get a longer term.  Work with a broker that represents all of the major companies.
181816
Take a look at this article and its related links for info about life insurance: http://www.fuzeqna.com/iqcu/consumer/kbdetail.asp?kbid=745\n\nFor how to choose an insurance agent: http://www.fuzeqna.com/iqcu/consumer/kbdetail.asp?kbid=682\n\nFor how to choose a financial planner: \nhttp://www.fuzeqna.com/iqcu/consumer/kbdetail.asp?kbid=464\n\nI recently bought life insurance online using Insure.com.  I was very pleased with how smoothly the process went.  For $300 a year, I am covered for $300,000.  You'll want to consider your financial obligations when deciding how much coverage to get.  \n\nGood luck.
237410
it seems everyone has already defined the two for you, so I will just add :\n\nWhole life insurance - the savings portion of it is actually not in your best interest, if you are wanting savings and insurance, then I recommend opening a seperate RRSP for your savings, or even mutual funds or common sense funds, you get a better rate of return, and every cent you put in you will eventually be able to receive back.  The idea of savings is so you can retire, but essentially savings should be seen as 'the rainy day' so if you die prematurely your family can use the savings to live on especially if you are the primary wage earner.  THat is why Term life is so advantageous, the rates are cheaper, you can fix them for 10yrs with renewal, or even 15-20yr terms generally the terms are flexible because you only want the insurance until you have the savings.  Once you have the savings behind you, then you give up the insurance.  Insurance is meant for those with high needs, mortgages, dependents, debts, education etc but a well planned diverse portfolio will provide you with better benefits than a whole life plan that charges you way to much for premiums and a savings program that doesnt give you back what you put in, much less a rate of return on your money.
264529
a good life insurance might also help
491800
It depends on the economic growth of India seriously. Where are u staying exactly? R u willing to travel if u r given a good job oppurtunity? I dun thk that the insurance sector will improve withiin this two decades. Thats for sure. but twenty years down the road things might be difference. Thats juz my point of view, U can think abt it seriously. Good luck in yr decisions!!!
631046
Depending on the type of cancer insurance policy you get it can be quite expensive. I am a member of a non-profit organization, and my cancer insurance was paid for by them as a benefit. When I got cancer, I was able to make a claim and they sent me money to help with my expenses. Investing in cancer insurance is different then life insurance and it is entirely up to you. If you are interested, you should investigate several different insurance agencies that offer it and find the policy that would be right for you, if you ever needed it.
990121
Buy a good life insurance policy and think of the ones you love while filling in the beneficiary.
861829
Over 50 plans are all well and good, however most do not offer full cover until you have been a Member for over 24 months. If you die before that time you only get your premiums back, not the life sum assured.\nCall a financial Adviser to ask about your own individual requirements. The first consultation is usually free and without obligation (they will tell you over the phone ). He /She may be able to suggest a better option as they can research the whole market not just one company. Good luck