http://erital.net/blog

Pencil Portraits

Comments: (6)

Why do financial experts say term life insurance is better than whole life?

Category : Financial Insurance

I’ve heard it from Suze Orman, I’ve read it in Personal Finance for Dummies, but why do these life insurance agents keep telling me that Cash Value is better at protection than Term?

Comments: (5)

Which is better to buy whole life insurance from : demutualised Insurance company or mutual?

Category : Mutual Insurance

New York Life is not demutualised, but Metlife is. some say it better to buy wholelife insurance from non-demutualised insurance company. Is that true? thanks

Comments: (3)

How does the whole car insurance thing work?

Category : Car Insurance

I am a 19 year old boy. My parents are buying me my first car. It is a nice pre-owned car. How does the insurance for the car generally work? Is it required? I will be in college next year. Can they take care of my car insurance? How does it work? I heard that they can put my car under their insurance. Is this true? Please explain.

Comments: (3)

What exact is whole life insurance, and how do life insurance companies profit from selling it?

Category : Life Insurance

Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?

I have tried to do some research on my own, but I still can’t seem to fully understand this matter. Any help will be greatly appreciated!

Powered by Yahoo! Answers