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Pearl Said:

why this term policy is so cheap?

We Answered:

Term Insurance is a Traditional Plan, and LI Agents get approx 40% of your premium as commission, Aegon Religare iterm is the best option, coz it is available online so no agent is involved and company give this benefit to its customer. so it is the best option to buy.

Tina Said:

Which Term Life Insurance policy to cancel?

We Answered:

Your AIG Term policy is probably actually with one of their subsidiaries like American General or USLife which are both stable and well capitalized. Even if AIG goes totally under they can't steal all of the capital reserves away from their life insurance subsidiaries. More than likely American General and all the other life subsidiaries will be sold to more stable corporations in the next few years anyway as the AIG name goes away.

I would stay with the AIG policy.

I don't really know of a website that lets you compare life insurance policy details. There are rate quote sites that allow you to compare rates and ratings, but that's about it. If you want to compare your 2 policies you just need to get out the policy pages and compare what benefits each provides.

Frederick Said:

Is $67.00 too much for a term life insurance policy worrh $500k?

We Answered:

That's sounds about right for a 35 year level term insurance. Now that you are protecting your family, you should consider opening a retirement account such as a Roth IRA and invest on a monthly basis. If you invested in mutual funds of $200/month and you get an average rate of return of 12% during the next 35 years, you can potentially have $1.3 million.