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Marvin Said:

Is short/long term disability insurance really necessary for a healthy 40 yr. old man?

We Answered:

If you have to prioritize

1. Drop the short term disability
2. Increase the elimination period (i.e. deductible) of the long term disability to 90 days or even 6 months,
3. Review your health insurance. As you note your healthy so consider higher in hospital deductibles, higher co-pays on doctors visits and prescription drugs.
4. Not health related, but also look into the savings of upping the comprehensive and collision deductibles on your auto insurance in order to reduce premiums.

Francis Said:

Buying term insurance?

We Answered:

A single premium policy is not a term policy.

Dwayne Said:

which insurance policy is best in india?

We Answered:

Depends on the GOAL.

Leona Said:

What are the tax consequences of cashing in a single premium annuity?

We Answered:

Pay off debt that can be used as a tax credit and there won't be any consequences. Home mortgage, business credit cards, energy efficient home improvements are great tax credits. And pay 2.4% federal taxes when you cash it in. This will help you break even if you are making more than 75,000 a year.