Is permanent life insurance a bad investment?

Is permanent life insurance a bad investment?

I have heard that permanent life insurance is a bad investment because the benefit (e.g. a million dollar benefit) and any savings portion in the plan would not be worth as much as you could make by putting the monthly premiums (e.g. $300 a month) into something like a tax free savings account. Would I be better off getting something like a 20 year term policy to cover me for now as I have a lot of liabilities (I'm 33 and have a baby, a wife and a $250,000 mortgage) and then putting the premium that I would normally put to a permanent life insurance policy into a tax free savings account? Any opinions on this?

 

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im 17 and im about to get a car from a friend but i wanted to know if my mom can just add the car to her insurance and not say anything about me driving it. then i can drive it and the car will still be insured right? thats basically what im doing right now anyway. i have my permit and im driving my mom's car to practice in, but the insurance company doesnt know that. my friend has his liscense and his parents gave him his own car, but the insurance company doesnt know hes driving it. if he got into an accident, wouldnt his parents insurance cover it since the car is in their name?

 

 

Car Rental Insurance?

Liability Insurance Supplement 11.95 USD Loss Damage Waiver 19.99 USD Personal Accident Insurance / Personal Effects Coverage 5.95 USD Which ones are really needed? We won't be carrying any luggage. We are only driving from San Antono to the coast and back for business. One day trip.

 

 

How much are geckos i found one for 7.00. at petco i thought they were a lot more money.?

a while back i went to petco and seen it. It was a bright green gecko. it looked like the one from the car insurance place and it was like 3-4 inches but it was 7.00 so i was just wondering.

 

 

Other or new insurance companies Non-exclusive?

Hello there, I have a client, she is 18 years old and has a 1997 Toyota Corolla. She came by for insurance 2 days ago and I have quoted her with: Allied, Safeco, Hartford, Progressive, Mapre, Mercury, Metlife, Chubb, Hanover, AARP, Travelers, Golden Eagle, Nationwide, California Auto, Foremost, Liberty Mutual, State Fund, and around 4 more that I can't pull out of my head. The cheapest quote received was from Mercury Insurance for: 15/30/15 UM:10 MEDICAL:1000 COMP:1000 COLL:1000 No rental Premium: $2,103.90 It's basically what the car is worth if not more. Do you happen to know other non-exclusive companies that would take her? She has a clean DMV record. FSC is pulling very high premiums. Thank you very much.

 

 

What is the cheapest automatic car, for a new driver?

also cheap for insurance

 

 

Can i drive my dads car without insurance?

Alright so i live in Ontario, Canada. I just recently got my G2 licence, and i am dying to drive the car, but my dad isnt sure if he would need to get insurance in my name on the car which i will drive. he already has insurance on the car, however its on his name. Can i legally drive that car if the insurance is not on my name?

 

 

Cobra or individual health insurance?

If I loss of group health insurance due to end of employment, but the company offers Cobra plan which is too expensive for me, can I get the individual health insurance or I have to stick with the Cobra plan? I live in NJ.

 

 

Please I Need Help On My Car Insurance?

I just bought a car and i don't want to pay huge car insurance. Anybody care to help me out may be a recommendation of place i can get it a little bit cheap

 

 

Cheap car insurance, I'm 21 had my license 2months?

Hi I'm in the uk, I'm male, 21, had my license 2months and I need cheap car insurance please.

 

 

Can my wife and I have a joint car insurance when we are in two states?

Hi, I am at MI and my wife is at DC (I think DC will have a high insurance rate. I'll move to DC after a year). We have two cars. Could we have a joint car insurance if one car is registered at MD and one car is registered at MI? Thanks for your attention

 

 

Car insurance payments?

i am 17 years old and i'm on a plan with my parents right now. i drive a 1993 cavalier, and am looking into buying a 2005 impala. how much (roughly) will my insurance payments be a year, or per month. (please no websites. i tried them and they are too long and don't give me enough info)

 

 

Who do you contact if you know somebody commiting fraud on there car insurance?

given someone elses address for cheaper insurance

 

 

Do group health insurance plans provide for covering costs of auto insurance?

Do group health insurance plans provide for covering costs of auto insurance?

 

 

Do you have life insurance?

Ok we have been married for 10 years with 2 small boys. My husband works, I don't. I think he needs disability insurance and life insurance just in case something happens to him. And maybe even life insurance on me and the boys to cover at least funeral costs.. He thinks it's a big waste of money but I think we should. Also, my sister asked me if I would take her boys if something happen to her and brother-n-law. I said of course!! She told me that I would then get XX amt. of money from her life insurance... She also stated it's in their will!! OMG do I need a will too. What do I need in this will. I don't want my kids in foster care so I should name some people who would care for our boys..

 

 

Has anyone used or made a fake car insurance card?

Okay I will be honest. I have been unemployed since September so money has been very tight and i havent been able to afford my car insurance. I have court tomorrow and when I was pulled over i didnt have my insurance card on me. I have court tomorrow morning and I have to bring my card with me. I still dont have valid car insurance. I am freaking out because I can lose my license over this. If i do how will i take my daughter to school how will I be able to look for work. I just cant bottom line! Now I have heard of people getting away with fake insurance cards for situations like this. Has anyone ever done anything like this before? If so can you please help me. Look i know this is very stupid and breaking the law. I have never had to deal with anything like this before. I could buy one of those cheap policies right now for the future. I told the officer though i was insured just didnt have my card on me. So thats why i need help right now. Please anyone a lot is at risk for me right now just because i had some officer on a power trip pull me over because I pulled into a tow zone to pick my daughter up from school one day. Please anyone it would be very much appreciated! I have my old card i can upload and tweak on photoshop but i dont really know how to use it im not very tech savy. Also idk if that would pass wouldnt the judge be able to tell?

 

 

Need insurance quote for 73 Mustang Mach 1?

I would just like to get an idea from a person who knows a lot about insurance at what I would be looking to pay. It's the long weekend here in Canada and no insurance companies are open, and I cannot get a quote online because of the year of the vehicle. What I am looking to buy is a 73 Mustang Mach 1. I am 21 years old. The car value is 15,000 It will be driven less then 1000KM a year No substantial modifications. I haven't had any speeding (or otherwise) tickets I will be the primary driver. Vehicle is in good shape Um any other details I am missing? let me know.

 

 

Color of vehicle and insurance rates?

Does the color of your vehicle really play a part in dictating your car insurance rates?

 

 

Should I continue to pay for insurance on my old car?

I bought a new car last month and I called my insurance company to tell them, and they added the car onto my existing insurance for my old car. I've had to pay around 400. in the last month, for a car I no longer am driving. I'm trying to sell it, but it is just sitting in my garage. Should I have to pay for insurance on this car? Can't I just tell them that I'm not driving the car and I don't want to pay for insurance?

 

 

Do teens need insurance when they are issued their learner's permit?

And if so what is the cheapest, most discounted method to get insurance?

 

 

How much would a Ford Puma cost to insure?

I'm 16, taking driving lessons soon after my birthday, and I'd love to get a Puma, I know insurance is a lot... But I thought that as it's a small, 2 door car, the price might drop a bit, if maybe the price is going to be quite high (Above average for a new driver) then please suggest some other cars that are cheap to insure :) But I would really like one of these x) Also considering fuel consumption and economy :) One of these - http://www.autotrader.co.uk/classified/advert/201228478314260/usedcars/postcode/bn72ph?logcode=kp :) Thanks very much

 

 

Who has taken the Florida 2-15 Life, Health, Ann, Insurance exam... How is this exam?

I would like to know is this a very difficult exam? Do this exam requires mathematics? Is this exam 100% Multiple choice? I know that the Real Estate exam for me was a little difficult so I am hoping that this would be a little easier.... Please tell what ever you know about this test... Thanks I appreciate it...

 

 

Trying to repeal the Healthcare law which is good for the American people the only thing republicans hope?

Trying to repeal the Healthcare law which is good for the American people the only thing republicans hope will put them back into the White House?

 

 

I need to cheap insurance, like say, $50 a month. Anybody out there have any ideas?

I need to cheap insurance, like say, $50 a month. Anybody out there have any ideas?

 

 

Is car insurance for young people cheap in america?

just wondering in contrast to UK car insurance.

 

Is permanent life insurance a bad investment?

I have heard that permanent life insurance is a bad investment because the benefit (e.g. a million dollar benefit) and any savings portion in the plan would not be worth as much as you could make by putting the monthly premiums (e.g. $300 a month) into something like a tax free savings account. Would I be better off getting something like a 20 year term policy to cover me for now as I have a lot of liabilities (I'm 33 and have a baby, a wife and a $250,000 mortgage) and then putting the premium that I would normally put to a permanent life insurance policy into a tax free savings account? Any opinions on this?

https://www.linkedin.com/pulse/do-you-know-cigna-insurance-any-good-walter-dunn/