NLIC.org

Michele Said:

Why is no one advocating single payer auto, home, and life insurance?

We Answered:

Why stop there....

What about single payer subdivisions... car lots... clothing stores.

When does it stop?



There are also already free clinics.... FAIL to you too.

Miguel Said:

I'm an insurance agent selling auto, home, and life insurance...?

We Answered:

Life insurance is marketed through funeral homes all the time. Not only is the death of a loved one a reality check for many people who had previously thought they were invincible, but also the costs of funerals. Funeral homes like to work with life insurers because if people have proper life insurance they are able to buy nicer funerals. Leads for you and more revenue for them.

If you can work out an arrangement with a funeral home then more power to you.

Dwayne Said:

How do you get Life Insurance for someone who is already in the nursing home.Do you know any names of company?

We Answered:

Globe Life and Mutual of Omaha will BOTH give her "guaranteed issue" policies, if she's under 76 years old.

The catch is, you have to pay every month for two years. And, of course, coverage is limited to a maximum payout of $10,000.

If she dies before you've paid in for two full years, they don't pay out. And if she lives four years, then you've paid in $10,000, and would have been better off putting the money in the bank.

So guaranteed issue policies, are pretty much a bet that she'll die at least two years from now, but not more than five.

Wayne Said:

State Medicaid for nusring home resident--do they take life insurance upon passing?

We Answered:

If your grandmother has named a beneficiary the beneficiary receives the death benefit with no encumbrance from the State. If she does not name a beneficiary or if the beneficiary (or beneficiaries) are no longer alive the death benefit would go to her estate and the State would claim the assets of her estate.