Comments for State Insurance Deals | Online Insurance Quotes

Comment on Should I Buy Long-term Care Insurance Or Buy Aig Aglaflex Proplus Universal Life Insurance ? by lurking

lurking — Wed, 16 Sep 2009 15:38:06 +0000

I am familiar with the product. I can only state that the answers you got here show that the commentors who gave an absolute answer are not familiar with the product. You should speak with the agent and get more details to see if it meets your anticipated needs.

Comment on What Are The Best Vul And Eiul? by Emperor Norton II

Emperor Norton II — Wed, 16 Sep 2009 04:05:26 +0000

If you gave more details that would help such as cost ratios, policies, your current situation. There’s many more insurance options out there as well. Also there are too many choices to list.

Comment on What Are The Best Vul And Eiul? by insuranc

insuranc — Wed, 16 Sep 2009 03:16:54 +0000

There is no way to correctly answer this question.

Comment on Affordable Business Health Insurance Small – Three Tips To Affordable Health Insurance by lexi

lexi — Thu, 03 Sep 2009 04:07:52 +0000

If your in sales these 4 sites might help you
http://www.agentbuilderinc.com has great resources
http://www.insuranceagentwebdirectory.com put your link their for free
http://twitsurance.shoutem.com this is like twitter but just for insurance professionals
and them http://www.agentzoo.com great insurance articles.

By far these are the best insurance sites besides this one that I can find.

Comment on Don’t Be Fooled By Agents When Buying Life Insurance? by Wayne T

Wayne T — Tue, 01 Sep 2009 15:04:42 +0000

When you pay minimum premium, yes! You have described it perfectly, however, you haven’t been taught the whole truth of what it is you are buying when you buy this type of insurance, because there are other options included in this policy which you have not described.
You should talk to a good agent. If you live in California you may contact me, I will explain exactly what it is. http://www.insurancebybarclay.com

Comment on Don’t Be Fooled By Agents When Buying Life Insurance? by Mr.Giffo

Mr.Giffo — Tue, 01 Sep 2009 14:15:35 +0000

The cash value is part of the equity in your policy, not something in addition to the death benefit, unless you buy a “participating” policy. When you sell your house, you don’t get the sale price plus the equity; it’s the same with life insurance. What you are recommending is not good for most people. A combination of whole life and term is the best. I don’t sell insurance now but I have been in the business. Ask what the renewal premium would be on a term policy when you are 70.
Rob D is right; he should not get a thumbs down.

Comment on Don’t Be Fooled By Agents When Buying Life Insurance? by Financial JUSTICE

Financial JUSTICE — Tue, 01 Sep 2009 13:28:52 +0000

you need a insurance agent that will look out 4 u. and do research yourself. check out suze orman she is great. thanks 4 the info.

Comment on Don’t Be Fooled By Agents When Buying Life Insurance? by Joe

Joe — Tue, 01 Sep 2009 13:21:42 +0000

Life insurance with cash value don’t pay out cash value when you die! They say its a good way to build savings! How is that so if you lose it all and it doesn’t go to anyone when you die? People say you can borrow it. Why do I want to borrow my own money that I paid for? Cash value = scams!

Comment on Don’t Be Fooled By Agents When Buying Life Insurance? by 529s.com

529s.com — Tue, 01 Sep 2009 13:04:33 +0000

For most people it is best to buy term life insurance. Life insurance plans that builds up a cash value like whole life, universal life, et cetera are rarely the best choice.
You will find many websites out there that promote whole life insurance and disparage term life insurance. They are almost all run be insurance companies. Insurance companies make more money from whole life and it is in their interest to push it.
If you look at financial sites not run by insurance companies, they are almost unanimous in recommending term life insurance. Look at big name sites like Yahoo,CNN, Motley Fool SmartMoney.com and Kiplinger’s, and they all recommend term life insurance for most people.
Whole life has the advantage of having a built in savings program, but you lose a lot of money to high commissions. It is usually better to buy term life insurance and invest the money you save in an IRA, 401K, or mutual fund. There are, however, rare cases where whole life is better and these are discussed in the articles below.

Comment on Don’t Be Fooled By Agents When Buying Life Insurance? by Rob D

Rob D — Tue, 01 Sep 2009 12:14:52 +0000

How is this a question?
Sounds like you work for one of those “Buy Term and Invest The Rest” companies. Thats like being a realtor and telling all of your customers that they should only buy single family, 2 story houses and condos, townhouses, and cape cods are all evil.
Grow up.