Life Insurance

Insurance agent is very excited about an IUL policy. Claims I can get stock market-like returns with no downside risk, tax-free retirement income, AND a death b…

I'm a first-time life insurance buyer and keep seeing 'term' and 'permanent' (sometimes called whole life or universal life). Can someone explain the fundamenta…

Buying a $1M life insurance policy and want to understand what scenarios would cause the insurance company to deny a claim. I've heard about the contestability …

My husband passed away last month. Filed claim with his term life insurance ($750k policy). How long before I get the money? They said they're investigating - i…

I keep seeing different rules - 10x income, DIME formula, human life value approach. My income is $90k, mortgage is $250k, 2 kids ages 5 and 8. Which formula gi…

Had breast cancer 3 years ago. In full remission, clear scans. Can I get life insurance now or do I need to wait 5 years? What rates should I expect compared to…

I'm 58 with diabetes and heart issues. Can't get regular life insurance. Guaranteed issue policy costs $280/month for only $25k coverage. Is this my only option…

I use marijuana occasionally (recreationally, legal in my state). Applying for $500k 20-year term. The exam has a urine test. Will THC cause me to be denied? Ra…

Have $80k cash value in whole life. Agent says I can borrow against it at 5% interest. What if I don't pay it back? Does it come out of death benefit?

Type 2 diabetic, controlled with metformin. A1C is 6.8. Will I be denied life insurance? Or just pay higher rates? What companies are most lenient with diabetic…

My 74-year-old mother has no life insurance and wants to leave something for her grandchildren. She has some health issues (controlled diabetes, high blood pres…

My wife stays home with our 3 kids. Agent says she needs $500k in life insurance. But she has 'no income.' How do you calculate how much insurance a non-working…

Grandparents want to buy $50k whole life policy for our newborn. Agent says it's great investment and locks in insurability. Sounds like expensive gift that doe…

Getting quotes and the agent is recommending several riders: waiver of premium, accelerated death benefit, long-term care rider, child rider, return of premium,…

Applying for $750k term policy, need paramedical exam. What do they check? Blood test? Urine? Will they find out I smoke occasionally? Can I get denied after ex…

Variable life lets me invest cash value in stocks/bonds. Agent says potential for high returns but I could lose money. Death benefit guaranteed or can that drop…

I've gotten 6 life insurance quotes ranging from $62/month to $118/month for the same coverage ($750k, 20-year term, male, 40 years old). All claim to be A-rate…

Mom is 72, dad is 75. Want to help with funeral costs. Is it too late to get affordable life insurance? Looking at final expense policies but premiums seem high…

Policy offers 'living benefits' that pay out if terminally ill, chronic illness, or critical illness. This sounds amazing - why doesn't everyone have this?

Instead of one $1M 30-year term policy, I'm considering laddering: $500k 10-year + $500k 20-year + $500k 30-year. Logic: as kids grow up and mortgage shrinks, I…