Life and Health Insurance Policies - Insurance Term Knowledge Base

Insurance Term Knowledge Base

Insurance term referring to responsibility for hurting someone else? What is the insurance term referring to responsibility for hurting someone else? The term for when you don't act with reasonable care?

What kind of life insurance is better for me, term insurance or permanent insurance? Is there any advantage to permanent insurance over term insurance or vis versa? I mean, basically it looks like term is the better deal because I can buy more death benefit for a lot less money, but permanent insurance gives me money with a death benefit. I'm in my late 40's, have a wife and 2 kids, normal bills, mortgage, etc. Does anyone have any opinions about what is really the better deal long term?

What is the difference between ordinary life insurance and term insurance? I heard about "term insurance" whose meaning is not clear to me. Can anybody please explain what is the difference between ordinary life insurance (like those offered by LIC) and a term insurance? What are the advantages and disadvantages of the two?

How do you work with long term insurance companies? I own an in-home elderly care agency, however, due to the fact that the services are expensive, most clients can't pay out of pocket, so I need to begin billing their long term care insurance company. I'm wondering, what is the process to begin working and getting paid from long term insurance companies?

How do you work with long term care insurance companies? I own an in-home elderly care agency, however, due to the fact that the services are expensive, most clients can't pay out of pocket, so I need to begin billing their long term care insurance company. I'm wondering, what is the process to begin working and getting paid from long term insurance companies?

What does convertible term insurance mean? I have two questions: 1. What does convertible term insurance mean? 2. Is there a term insurance that allows you to pay the same premium forever? Example: My age is 25, my premium at this age is $80/year. Can I still pay the $80/year even if I already 65 years old and older?

What is the comparison between term insurance and permanent insurance? What is the comparison between term insurance and permanent insurance?

What happens to the dividend option term rider on a whole life insurance policy? If the cost of insurance on the dividend option term rider is higher then the monthly premium being paid. What happens to the term insurance portion of the whole life policy at that time? I have this rider now on my whole life policy to maximize my death benefit at the lowest cost but I'm thinking that either I will have to pay more premium if the cost goes up or I have to drop the rider.

Can I convert my Adjustable Life Insurance policy to Term Insurance? I currently have a $300,000 Adjustable Life Insurance policy and want to convert it to a $300,000 20 Year Term. Can I do this or will I have to surrender the policy and start a new policy? I checked my life policy and there is nothing mentioned about any type of conversion. Just curious about everyone's thoughts.

Why do term insurance plans do not find favour with people whereas this is the real insurance to purchase? It is very surprising to note people's repulsion for term plans in general. Just because you get your money back in other endowment plans or other money back or even unit linked plans, it does not make it the best insurance plan for pure insurance need. I wish I could instill more common sense in people in general.

Can i take 2 Term Insurance policy with the same Insurance provider ? DOes the law stop me from claiming the insurance amount of i have more than 1 term insurnace policy with the same provider ? WHere can we find information on this ?

Need the cheapest term insurance for someone 55 years old? I would like to buy a $100,000 term life insurance policy. I am 55 years old. Anyone know about how much this would cost me and the best company to buy from?

Usually what is the typical premium for Term Life Insurance? I am planning to go for Term insurance. Usually what is the premuim? (I know it will vary across different insurance companies, but I guess there wil only be a small varition across) Say I need a cover of 25 lakhs for 25 years

What are my options for short-term health insurance in NY? My grad-school insurance runs out tomorrow (8/20), and my work insurance won't kick in until Sept. 1. I figured I could sign up for short-term insurance in the interim, but now, admittedly at the last minute, I discover New York State doesn't offer short-term insurance. Can I sign up in another state? My parents live in Washington State, and my grandma lives in NJ. I could use either of their addresses. Will it work? What are my other options?

What is the positive & negetive aspect of Term insurance? Why insurance agent do not show interest towards term insurance. Why they insist on ULIP only.

Why insurance agent do not market term insurance? I am working in an IT company & agent comes to our company for marketing ULIPs. By reading various articals on ULIPs, I now understand the charges & I wonder how these agents hide the charge story partially or completely. Some of my teammates blindly sign on the policy parers & get trapped in the ULIP trap. I asked all agents for Term Insurance & most of them clearly refuse that they only sell ULIPs.I want to know that why Agents & insurance companies have a single point agenda of selling ULIPs & not market term insurance.

Is Long Term Care Insurance combined with Life insurance is good or better separate policy? It's a difficult to get started to buy Long Term Insurance , it's expensive and maybe will never use it. Life Insurance at least you know you will die sooner or later. I was offered a combined insurance with Nationwide Ins... now confused if that is a good idea. BTW I am 60.. Anybody has any suggestion or information about Nationwide? Thanks.

Which is the Best and Cheapest Term Insurance Policy? am 32 years old. I would like to know the following 1. Which are the companies which provide the best quotes for Term Insurance? Are the quotes for these companies available online? 2. How much Term Insurance Coverage you 3. How many years should I take cover for - is maximum duration really beneficial 4. Are the Private Sector Companies reliable? How are we protected if one of them collapses tomorrow? Or should we go for only LIC and SBI?

Is is possible to get Short Term Motorcycle Insurance? for say 2 months? I am looking to get a street bike for just the summer and was wondering if it would be possible to get some kind of short term insurance for a short period of time like two months. Does anybody know if this is possible? If so then who does it?

Why is short term health insurance so expensive? Why is that it is 10x more expensive for health insurance for terms less than 180 days? Could one not just sign up for long term coverage and then cancel?

Exactley how does term life insurance work? Whats the difference between regular life insurance and term?How does term work?

What's the insurance term for when the repair cost exceeds the value of an auto? is it "totaled" out? I work as a mechanic at a small trucking co. and they had an older tractor in a minor accident but the cost of the new radiator, a frame bracket , and a bumper plus labor, at a Peterbilt dealer is outrageous. The truck has a rebuilt engine and trans. and $2500 worth of fresh tires,but its an '85. Is the word "totaled" the right term? It would be a shame. I would like to have it and fix it myself.

Term Insurance. How much do I need and for how long? I am married and in my thirties my wife is the same age. We have an 18 month child and another baby on the way. After doing some research between Whole Life and Term Insurance I decided that Term Insurance should be able to fulfill my needs incase something should happen. My question is: 1) Am I making the right decision in going with Term? 2) How much coverage should I buy 3) How many years should I buy 4) Can anyone recommend a reputable Insurance Company Thanks!

Which is the best Term Insurance Plan available for term 5 , 10 , 15 and 20 years respectively.? Which is the best Term Insurance Plan available for term 5 , 10 , 15 and 20 years respectively in India. It will be really helpful and well appreciated If somebody could explain it with Pros and cons.

How long should I get a term life insurance policy for? I'm researching term policies to cover the shortfall for life insurance from my work. How long is reasonable to get a term policy for? Term to 60, 75 or 100 years?

What's the difference between Long Term Health Insurance? What's the difference between Long Term Health Insurance and Long Term Life Insurance? I want to make sure my parents are probably covered as they are now in their 50's. The goal is to get them covered for in house nursing care instead of a nursing home.

Is a whole term life insurance with a retirement plan a good idea? I had a meeting with and finace agent about geting my retiriment ready and he tried to sell me whole insurance with retirirment I have term insurance right now

What's a good way to advertise to people and interest them in buying TERM insurance?? I'm a sales agent...? I need TIPS from any of you Life Insurance gurus! Where/how do you sell/advertise? (This question is geared mainly to Primerica agents). If you are a prospective client, what would be the determining factor in you buying a term policy?

What is the best company to buy term life insurance? I'm trying to find a company to purchase term life insurance. I want a good brand and not some scam. Thanks to anyone that replies.

Which is best insurance scheme "Home loan insurance or Life Term Insurance to protech Home loan? I am having Home loan 20 lacs and would like to protect the risk. Could you suggest which is best insurance scheme " Home loan insurance (Protecting home loan alone) and Lime Term Insurance (protecting like not home loan). I want to know the premium which one is lower and benefit one?

How can I learn how much money do I have to pay for short term disability insurance? I am going to start a business. And , I have 11 employees . I would like to get short term disability insurance plan and long term term disability insurance plan for my employees, and life insurance too . How much much money money do I have to pay for this?

Who offers cheaper and better term life insurance than Primerica? We just had a Primerica representative come in our house and try to tell us why we need life insurance. I do agree my wife and I would like a term life insurance plan, but am not sure if I want to go with Primerica. They are not the cheapest and I read some good and bad things about them. Can anyone recommend some alternative companies? How is Transamerica? They seem to pop up in the top 10 insurance company list a lot.

What is the difference between whole life and term life insurance policies? My husband wants to take out an insurance policy on himself for our family due to the fact that he is the primary source of income. We have been researching life insurance policies..what is the difference between whole and term life? My husband is 8 years older than me so he wants to make sure that myself and our children are taken care of in the event of his death.

How much do you pay for long term health insurance? And who do you have it with? My mom is 59 years old and in relatively good health. I am thinking about getting long term health care insurance for her. I know this varies per person and situation but I am trying to get a feel on how much this stuff usually costs without having to fill out a bunch of random online quotes on the internet. Any information you can give me is helpful. Thanks.

What is the difference between term life insurance and cash value life insurance.? which one is better if you are starting your own business. also how much time you need to have to cash it out all the money from the term life insurance. Moreover, what are the advantages and disadvantages of both of these options?

Is it better to have term life insurance or whole life insurance? I am 26 years old and just had a baby and want to know which insurance is better whole or term. How do I determine how much to get? Who besides my daughter if anyone should be the beneficiary? Note: Her father and I aren't married but I was considering leaving him a percentage so that he could have extra $ to provide for or daughter if neccessary - Is this a good idea?

Is it good to buy a short term health insurance policy? I have heard many people say that if I want to save tax, I should just go and invest in some small term health insurance policy. Is that the right things to do? The advisor I met with told me to buy a yearlong plan. I am confused, please help.

Should Keep or Look into term Life Insurance Quotes? I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this policy or look into term insurance?

Primerica Insurance term life, explain to me about the 2 year contestablity period? If a person dies, and didnot answer the question on application correctly how is that handled.

Is there any website for comparing short term car insurance in the UK? I usually use gocompare.com or confused.com for comparing the normal insurance prices. But, they do not seem to have an option for short term insurance quotations. I am lazy to enter the details again on different sites. So, I am wondering whether there are any sites for comparing short term car insurance.

Is 22 dollars a month with American General Life Insurance Company Term 30 Years too much? I am very healthy mom of tree seeking term life insurance and I got this quote. It is for 300 000 dollars, 30 years, term, I am healthy, family healthy no smoke,no driving problems, any extreme, no sick relatives, no overweight. I am looking for the best price and I got this quote for 22 dollars a month. Is there any better price? Thank you

Can I have my parents and siblings covered under my long term care insurance policy? I fear that the physical and financial burden of my parents/siblings care will fall on my shoulders. Can I take the necessary precautions and get some long term care insurance so that everything is taken care of, should something happen to any of them?

Can I claim my mother as my dependent? She gets some long term disability insurance from her employer? I pay for my mohter's housing and other living expenses, definitely more than half of her expenses. She is 62 and currently has social security benefits. She also get about $9000 per year from her long term disability insurance she had with her old employer, a goverment agency. Can I claim her as my dependent?

Where can dental and short-term disability insurance be purchased? My sister wants to know where short-term disability and dental insurance can be purchased. Where can she find it?

What are the reasons to get both Short-term and long-term disability income insurance? I'm thoroughly confused as usual. But, if you have the option to get both short and long term disability insurance why would you? Does the short term cover things the long term doesn't? Doesn't long term cover the short term period as well anyway? Or do you have to have both to be covered in the immediate future and long term??? Why does everything have to be so complicated why cant there just be one kind of disability insurance its soo annoying....Which one would you get or would you get both???? arrrrrrrrrrrgggggggggggggggggggg. I'm only 28 so don't know if thats a factor, in relatively good health...but in a profession that can be dangerous. Mental health field, direct care. What about individual policies, should I consider paying outside of the company if they dont offer both of these..... thank you for any assistance

What is the future of the Long Term Care insurance industry under Obama? Will national healthcare cover LTC? Long Term Care insurance protects families from the costs of in-home care givers, assisted living facility costs, and nursing home costs that will often run from $50,000 to over $100,000 per year, and can wipe out most families. Around half of us will need this extended care.

Can my term life insurance rates go up? If I have already bought a term life insurance plan for 20 years a year ago, and I get a new job which is a higher risk job, will my insurance rate go up? If so how much could it go up by?

Can I get short term disability insurance following a surgery? I have plans to get short term disability insurance this week but I had a simple procedure last week. In worst case cenario, if I get complications from my surgery will my policy cover it?

What are the rights of a persons whose application for long-term care insurance has been denied? what are the rights of a persons whose application for long-term care insurance has been denied?

What's the point of paying my premium if my term life insurance is expiring next month? i have term life insurance that i signed up about ten years ago that is going to expire soon. what's the benefit of paying my balance if the policy is going to expire?

What is the cheapest term life insurance and what do you have to go thru in order to get it? ? What is the cheapest term life insurance and what do you have to go thru in order to get it? ?

Does term life insurance take into account the combined income of a married couple? I have seen around the internet that the maximum term life insurance policy allowed for a person in their 20s is usually 20 times their income. However, I was wondering if there are any policies that take into account the combined household income. If a husband and wife both make $40,000 a year, are they entitled to a policy that is based on $80,000 of combined income, or are all policies handled on an individual basis?

Who offers cheaper and better term life insurance? We just had a Primerica representative come in our house and try to tell us why we need life insurance. I do agree and I would like a term life insurance plan, but am not sure if I want to go with Primerica. They are not the cheapest and I read some good and bad things about them. Can anyone recommend some alternative companies? How is Transamerica? They seem to pop up in the top 10 insurance company list a lot.

What would be the cheapest term life insurance policy available? What would be the cheapest term life insurance policy available?

Is there such thing as long-term care insurance policies? Last year I took out a life insurance policy on myself so that if something happens to me my mother would have a decent amount of money to live on and not have to worry. She can't work because of medical conditions and only receives SSI. Whenever she gets to the point that I can no longer care for her, the options won't be very good for where she can go and what kind of care she can receive. I was wondering if there is such a thing as a long-term care policy (kind of like life insurance) that I can purchase on her behalf. Thanks!

What is the cheapest and best life insurance other then term? What is the cheapest and best life insurance other then term?

Should I get private term life insurance? I'm 39 and have life insurance through my employer. I could probably obtain private life insurance for the same rate. Is it wise to get non-employer term life insurance now (before I'm 40)? I may not stick with my current employer for another ten or twenty years, but I'll probably be here for a few years. Is there any downside to waiting to obtain term life insurance elsewhere? Solution243--Looks like you have no real answers but send everyone garbage links (for scam, perhaps?). Or maybe the same link (from you) really does answer both this question AND someone else's question about how much he should be paid for working at a deli in New Jersey. I work for the federal government. The rate is decent, though I might be able to get a little better.

Where can I get a good Long Term Care insurance policy? I am 54 yrs. old, looking into purchasing Long Term Care insurance. I would like the best coverage for the lowest possible premiums, but a policy that would cover any and all possible care needs, including Assisted Living, as I may need it as I age. Thank you.

I am looking for a short term car insurance for overseas visitors to use my car.? my insurance company won't cover my family to drive my car as they don't have an australian driving licence. they are here for a while and will be using my car instead of hiring one. I am looking for a company that does short term car insurance for overseas visitors.

What does Term Life Insurance mean with no surrender value? If I had a 15 year Term Life Insurance at $100,000. with no surrender value. What would it be at the end of 15 years. Can I collect the full amount on this type of insurance?

Short term car insurance for foreign visitors? Me and a few guys (UK citizens) are planning on coming to the US and driving East to West over a few months. We are thinking of buying a car and then selling it before we leave. Is it possible to get short term car insurance for this amount of time? Keeping in mind that we are not from US also? thanks

What is the best temporary/short term insurance a person can get? I am a substitute teacher and looking for insurance to get me through the next year. I would like something with a low deductible. The search online is a bit overwhelming Health Insurance

What is the cheapest term life insurance and what do you have to go thru in order to get it? ? What is the cheapest term life insurance and what do you have to go thru in order to get it? Any help on that would be appreciated thanks; i am 33 years old; i am in ok health i tried to get life insurance before and was turned down; i have this pain in my groin that noone can figure out its not lethal; i take lortab for the pain and xanax for the stress; what would cause them to turn you down for insurance; thanks in advance

what is the difference between direct term insurance and term life insurance? should you get direct term and what is thebest price you should pay for a non smoker age 35-39?

Can you have 2 short term disability insurance clames pay you at the same time?? I will be having surgery and will be out of work for 4-6 weeks, i have short term insurance at work, but it only pays 60%, can i get another policy on my own and also collect that money???

What is main differences between Term Insurance In General Insurance & Term Insurance in Life Insurance? And which one is better for the age between 18 - 55 yrs?

What insurance companies offer a Term Insurance Policy to a female at age 81? Im trying to help my aunt find a affordable Term Life Policy for my grandma who is now 81 she is in good health.

when getting life insurance is term life the way to go? I don't know if term insurance is the best option

Anybody know good short term insurance? I need short term insurance until February that will at least cover emergencies without having to pay so much that I have to cash out my life insurance policy. I would like one that allows me to also go to the doctor without paying for the whole visit out of pocket. I am a student but I would prefer not to see any student doctors. ETA: I have life insurance because I'm in the military and just got back from deployment. I just need insurance for 5-6 months until Tricare will accept me in Feb.

What is the difference between SDI, LTD insurance and Short term disability insurance? What is the difference between State Disability Insurance, Long Term Disability Insurance and Short Term Disability Insurance? And which one would pay wages for someone who needs to take care of a family member?

how do i obtain individual short term disability insurance? I got an offer from a small firm but they do not offer short term disability insurance. I want to have one just incase I get pregnant and need to take a maternity leave so I get paid during the maternity leave. I've called few insurance companies and they dont do individual short term disability insurance? What's my best option? Any ideas? Thanks Thanks for your inputs. I guess I'll just have to stick to savings... or find another job that will cover it :)

Which is best option for investment for tax saving? I need to invest 10k? How about PPF or TERM INSURANCE? If Term insurance plan is good option, which need to be opt? Single premium, With return of premium or without return of premium?

Difference between term life insurance and permanent policies? My insurance company is offering a term conversion credit if I switch to permanent insurance. What's in it for them, and what is permanent insurance? Whole life? Any benefits for me to change?

when the term is up on term life insurance, what happens to the money you paid? do you get it back? im in my early twenties and im looking for life insurance outside of my job. i want to know if you sign up for term life insurance and the term is up what happens with the money you've paid? or is it just better to sign up for whole life insurance?

Can I convert a Northwest Mutual Variable Life Insurance policy to a Term Life Insurance Policy? I signed up for the expensive Variable Life Insurance policy when I was making lots of money. Now that my earnings have dropped, the Variable plan is too expensive. I have some health issues which will prevent me from getting a reasonable rate on a new term life policy. Is it likely that NW Life will allow me to convert to term at the "health standard" that they used to sign me up 15 years ago?

Would it be better to opt. out on social security and get a long term disability insurance? I am 27 and was told that I could opt. out of social security, and could get a long term disability insurance alot cheaper. If I did this I woul dump the rest in my 401k, which will add up to around 400 a month.