NLIC.org

Terrance Said:

What's the best life Insurance place to go to that's good/ Cheap with high cover but also good for a smoker?

We Answered:

To compare life insurance companies around you, visit
http://free-best-life-insures-comparator-usa.blogspot.com/
Fill out the form, and you'll get the quote of life insurance companies at your place.

Don Said:

Best life insurance for me and relative?

We Answered:

You really need to sit down with an insurance agent and discuss your goals and the purpose of this life insurance.

Don't listen to anybody who states that you should only buy term, or that you should only buy permanent. Those people are ignorant as to the real purposes of both types of products. Term works in some scenarios, permanent works in others.

People seem to think that life insurance sales people only sell permanent as an "investement". It's actually illegal to refer to permanent life insurance as an "investment" during a sales presentation. The only people who should use it that way are people who have already maxed out or are ineligibile for other tax shelters (such as IRA's, 401k's, etc), usually due to very high income.

Permanent insurance still has a purpose for the non-wealthy though.

For your relative, term may be the only option (and probably a shorter term, 10-15 years) because permanent insurance would be very very expensive.

For you, it may be best to buy a combination of term or permanent. Go through my previous answer's to life insurance questions and you'll find some of my reasoning. I apologize, but I don't have the time or patience to reproduce it all here.

Bottom line: go talk to an agent in person in your area...and DO NOT TRUST anybody who blindly tells you to only purchase term or to only purchase permanent. Everybody's situation is different and has a different solution.

Edit:

Also, to Jeffrey H. You said that term life is the most likely to pay out and leave wealth to the family. This is incorrect. According to LIMRA, less than 2% of term policies ever pay out the death benefit. Because permanent policies (ie, whole life, etc) last for the insureds entire lifetime (unless they live beyond 100) these policies are more likely to be paid out. They don't expire or increase tenfold in premium after a set period of time.

Alice Said:

What is the best life insurance?

We Answered:

Sounds like you want some form of live insurance such as a Term Assurance policy. Some policies do come with critical illness cover but this obviously costs a wee bit more.

If you have a financial advisior then get in touch with them. If not then do some research on the web.

Websites such as www.moneysupermarket.com will give you price comparisons and information on the types of policy.

The basic type of term assurance will give your dependents a lump sum on your death. If you get the critical illness cover then you will also be paid a lump sum on diagnosis of one of the specified illness in the policy.

It is standard practice to get a term assurance to cover large debts such as a mortgage. A term assurance will last for the term you choose but you will not get any benefits if you survive the whole term.

There are other types of cover available. A whole of live policy may be better for you. The idea here is that you pay premiums into a fund for the rest of your life and have a minimum death benefit. When you die the higher of the total amount you have paid in plus interest or the guaranteed sum will be paid to your dependents.

As mentioned above i strongly suggest that you get some professional advice (especially if you are in doubt). There are a large number of different types of contract which will give you the cover you are after. Also shop around as prices can vary.

Jessica Said:

Who is the best life insurance agent/broker in Southern California?

We Answered:

There's no single "best".

You can locate qualified, local insurance brokers in your area, using the zip code locator button, at www.iiaba.net

Bob Said:

What is the best life insurance to get for my parents?

We Answered:

You can get insurance for your parents and name yourself as the beneficiary. They will have to participate in the underwriting and application process and you will have to show what you stand to lose financially if something happens to them.

If you rely on them financially for living expenses, then a term life policy to replace the income they provide to you.

If you are worried about their final expenses and you don't anticipate that either you or them will be able to afford them then a whole life insurance or universal life insurance policy. This can also be useful if you want to make sure that a piece of property that they own and you want when they die doesn't go to their creditors.

If you are worried about one not having enough income if the other dies first then a whole life insurance or universal life insurance policy on the one producing the income should work.

Other than that you don't really need life insurance on your parents' lives. You will not be responsible for their debts and bills when they die. Their estate is responsible. If you have a family then you should be worried about having coverage on your own life first.

Try this site to find the best life insurance

http://best-life-insurance-quote-usa.blogspot.com/

Here you can get quotes from different life insurance companies in your area, its the best way to find an affordable life insurance with a reliable company.

Alex Said:

What is the best life insurance that will pay in case of a suicide?

We Answered:

In addition to the top answers, if they find this statement when paying a death claim, it could be considered fraud. Not only would they loose the money, they may even get sued worse case.

What ever your problem is, there is always a way out. Suicide is not it. It only creates more problems for those that are left behind.

Suicide is also a selfish answer to life's problems.