Was the original life insurance term insurance? It seems to me that term insurance is a gamble and almost a sure win for the company. How many people file a death claim for term insurance?
FREE Help the UN feed people by playing a game Go to freerice.com For every correct answer in the game, rice is donated to hungry people It's FREE, fun, and educational.
To feed animals for free, go to http://www.theanimalrescuesite.com/clickToGive.
"What does it profit a man to gain the world if he loses his soul?"
Lots of them, but the ones who paid the premium never get paid because they are dead. Lots of insurance seems to be betting against yourself. Why bother, when prevention works well, and the insurance can never truly recover your loss.
the only thing the guy above said that was true is the person who is coverd never sees a penny...I am a life insurance agent and most of the claims my company pays out on is TERM.... term has a place..as does whole life...you buy an affordable whole life with a long term attatched to it..This accomplishes several things for you.1st you have a whole life working on being paid off by the time you get to your retirement years...the whole while having enough coverage on you to insure that no one has to pay any debts you leave behind. Second when you finish the whole life payments(usually in 10,20,or 30 years) with a good company you then have the option to convert your so called useless gamble of a term policy to a whole life and then begin to pay it off. the whole while staying with in your budget and keeping your family from going bankrupt at the event of your death. Term has a place.......any more questions contact daniisurs@aol.com i'm always glad to help
Got an answer for azman1122? Would you like to comment on the posted answers, or vote for the one which you think is the best?
Sign up for a free account, or sign in (if you're already a member).
Other people asked questions on similar topics, check out the answers they received: