Posts Tagged ‘Life’
Improved access to life insurance after genetic diagnosis of familial hypercholesterolaemia: cross-sectional postal questionnaire study
February 4th, 2012
Authors: Roeland Huijgen, Sietske JM Homsma, Barbara A Hutten, Iris Kindt, Maud N Vissers, John JP Kastelein
& Jan LA van Rijckevorsel (Source: European Journal of Human Genetics)
MedWorm Sponsor Message: Find the best January Sales in the UK.
Related Posts:
Tags: access, After, crosssectional, diagnosis, familial, genetic, hypercholesterolaemia, Improved, insurance, Life, postal, questionnaire, Study | 
No Comments »
At what amount of coverage do life insurance companies usually require a medical exam?
February 3rd, 2012
Question by : At what amount of coverage do life insurance companies usually require a medical exam?
I am 27 years old, in very good health. I have never had any medical conditions or issues and I am looking to buy life insurance. I know that medical exams are usually required for most life insurance policies, but I was just looking for about $ 150,000 worth of coverage and I was wondering if I would be required to undergo a medical exam?
Best answer:
Answer by Venita Peyton
Depending on the company they may require only a urine test (especially is you claim to not smoke).
Give your answer to this question below!
Related Posts:
What does anyone know about www.l-lifeinsurance and lost life insurance policies and finding them?
January 31st, 2012
Question by Holy Ghost: What does anyone know about www.l-lifeinsurance and lost life insurance policies and finding them?
I am curious as to whether or not anyone has used this service, and if so how did things work out for them.
Best answer:
Answer by Steve S
I have always directed people to the Medical Information Bureau, I have attached there link below. This is a good place to start and look for missing policies.
What do you think? Answer below!
Related Posts:
Understanding Life Settlements:Uncovering the treasures in unwanted life insurance policies. A guide for consumers and their advisors.
January 30th, 2012
Understanding Life Settlements:Uncovering the treasures in unwanted life insurance policies. A guide for consumers and their advisors.
“
Whether you are a consumer or financial professional, you will find this book full of key references and careful explanations. It should be mandatory reading for every one interested the sale of unwanted life insurance policies.
“
Whether you are a consumer or financial professional, you will find this book full of key references and careful explanations. It should be mandatory reading for every one interested the sale of unwanted life insurance policies.
List Price: $ 3.99
Price: $ 3.99
Related Posts:
Tags: Advisors, Consumers, Guide, insurance, Life, Policies, SettlementsUncovering, their, treasures, Understanding, unwanted |
No Comments »
Video Response to Life Insurance Advice
January 29th, 2012
The need for life insurance can’t be underestimated. You never think you need it – until you find yourself in the situation. Don’t wait until it’s too late to buy your policy. Buy it while you’re young and healthy and the policy is still affordable.
Video Rating: 0 / 5
Related Posts:
4b-FUMI SHARED LIFE PLAN FULL MOVIE_0001.wmv
January 29th, 2012
FocusUp Ministries is so thankful to bring another amazing program to help everyone be better Financial Stewards for 2012. We are blessed with the support of a national Endowment Foundation /Association who is bringing “cost covered” Life Insurance to those who qualify. This awesome program allows FocusUp Ministries and designated Pledge Partner Recipients to be a co-share beneficiary while being able to offer our members, supporters, partners and associates the benefit of having 2-4 year term insurance… funding will be provided direct to the individual to then pay for their policy. What a blessing to those who want to leave a legacy of protection for their family. www.focusupministries.org For more information call (419) 636-9207
Video Rating: 0 / 5
Related Posts:
Mortgage life insurance: What it is — and isn’t
January 27th, 2012
Richard J. Koreto
For some people, mortgage life insurance — which pays off the remainder of your mortgage in the event of your death — provides peace of mind. However, there are drawbacks to mortgage life insurance that consumers need to know.
A mortgage life insurance policy sounds straightforward, but many people get confused about the details, says Raquel Murphy, a life, disability and long-term care insurance specialist at HUB International Northeast.
“When someone comes to me asking about mortgage life insurance, nine out of 10 times they are confusing it with mortgage insurance, which is completely unrelated to mortgage life insurance,” she says.
 |
Mortgage insurance — called private mortgage insurance (PMI) — protects your lender in case you default on your loan. It doesn’t pay anything to your family if you die.
Mortgage life insurance, however, is a life insurance policy tied to what you owe on your mortgage. If you buy a $ 250,000 house with 10 percent down, you’d want a $ 225,000 policy. Of course, every month you owe a little less on your principal, and your life insurance payout changes to reflect this. Years from now, when you owe only $ 100,000 on your mortgage, for example, that’s all your policy will pay.
Locked-in premium
You’d think that as your life insurance proceeds decrease, your premiums would go down correspondingly, but this isn’t the case. In fact, they won’t go down at all, according to Frank Donnelly, president of the Mortgage Bankers Association of Metropolitan Washington.
What are the advantages, then, to buying a mortgage life insurance policy over a regular term life insurance policy? Actually, there aren’t many. Donnelly recommends getting a 30-year term policy, which offers fixed proceeds.
Paying off the mortgage isn’t always the priority
New homeowners may feel comforted knowing their mortgages will be taken care of no matter the circumstances, but fixed-term policies of 20 or 30 years usually are a better option because your needs are likely to change over time. That is, today your house might be your biggest concern, but Murphy notes that later on you’ll want money for other things, such as college tuition for your children.
A typical term life insurance policy will do that for you. A mortgage life insurance policy won’t, as its proceeds can be used only for the mortgage. Moreover, if you’re buying a policy specifically for mortgage protection, you can time the term to end when your mortgage should be mostly or entirely paid off. At that point, you can collect your money.
An additional consideration: Sometimes there are good financial reasons to not pay off a mortgage all at once. For example, if a couple buys a house at a low rate and one of them dies, the insurance proceeds probably will do more good invested in the stock market or an interest-bearing account than they would paying off the mortgage — provided that the surviving spouse can continue to make the monthly mortgage payments.
The advantages
Nevertheless, there are a few benefits to mortgage life insurance, financial adviser Vincent Barbera says. Although Barbera prefers the flexibility of term policies for his clients, he sees a couple of reasons to consider mortgage life insurance:
• It can be easier to obtain. “There is usually no medical examination necessary,” Barbera says. “So if a homeowner had some pre-existing conditions that would preclude them from qualifying for a term policy, then it can make some sense.”
• Some people actually like that there’s no choice in how the payout is spent. The mortgage insurance policy pays off the mortgage — end of story. “They have peace of mind knowing that their mortgage is taken care of,” Barbera says.
Related Posts:
Life Insurance Made Simple. The Best Tips And Tricks!
January 26th, 2012
In the world of life insurance, it is important to make sure that you have the best coverage for you and your family. That is where smart life insurance research comes in handy. Follow these tips to find the perfect policy for you without sacrificing coverage or losing money on a bad policy. One important thing you must understand before you buy life insurance is why you are buying it. Life insurance is to provide for families in the event the provider dies. As long as you know why you are buying your insurance, you will be much better able to make an informed decision. When getting life insurance, make sure to get a policy that offers mortgage protection. What this does is help pay off your mortgage or any other debts when you pass away. This is important because it helps relieve your loved ones of your financial debts when you are no longer alive. When looking for a life insurance policy, make sure to get long term coverage that is going to fulfill all of your needs. You do not want to be stuck paying money on a policy that is all wrong for you. If you are unsure about which is best for you, ask your insurance agent. If you have minor children, purchase enough life insurance to offset their expenses until adulthood. The loss of your income could have a significant impact on your children’s lives, and life insurance can help close the financial gap. This affects not only day-to-day expenses, but also those larger ones like college costs. As you can see from the previous …
Video Rating: 0 / 5
Related Posts:
Find The Life Insurance Policy That Fits Your Needs
January 25th, 2012
As an adult, choosing an insurance policy is a top contender for the most involved, important thing that you will ever do for your family. These tips will assist you in choosing the type and amount of life insurance best suits your needs. It is important for you to purchase any life insurance policies from well-known companies. All life insurance carriers are not, and never will be, equal. Choose companies who have a track record of being fair to policy holders, are well established, and are unlikely to have any financial problems in the future. You don’t need a high dollar amount policy. In fact, investing in this type of plan may provide a great deal of money after your death, but only at your expense during your lifetime. Your focus should instead be to simply invest in a policy that ensures the financial security of your dependents when you die. Before going through a medical exam mandated for a life insurance policy, avoid caffeine. While caffeine is legal, it can increase your heart rate and blood pressure to the point that it might reflect badly in your exam. You should work to become healthier before you look into purchasing life insurance. Life insurance can cost a lot. It can cost even more if you are in poor health. You should do as much as you can to whip yourself into shape before purchasing life insurance. Eat healthier foods, get to your ideal weight, do whatever it takes. You will end up paying significantly less for your insurance. As the beginning of …
