Monday, February 11, 2008

Resolved Question: term life insurance question?

Okay im just asking this question to get some idea of the price of whole life insurance. Im really not planning on going out and picking up a policy right now or anything so no one tell me to go get some term and invest the difference. I just want to know this for educational purposes.
with your best estimate, what will I pay per year for whole life at a mutual company like mass mutual or Guardian for the following three whole life policy sizes.
100,000$ policy
250,000$ policy
1,000,000$ policy.

I am 23 years old, Male and in perfect health and would probably get the best rate for the lowest price. i am a non smoker also.
Please just give me your best estimates on the yearly prices for those 3 policy sizes for a man of my age and health. again dont try to talk me out of buying these policies because i am not actually planning on buying ive asked this question 3 time already because people are idiots and wont answer my question. dont tell me not to get whole life. ive stated that im not going to get it. i just want to know its cost. answwer my question. dont just write what ever the heck you want.

Resolved Question: term life insurance question?


i just called select quote and got a quote for a fixed 30 year insurance plan for 500,000 at $38/month. do you all think that's a good rate? they don't charge me anything if i choose to discontinue the insurance. i wanted to get some feedback from you all. i was interested in it bc i just had my son and wanted it "just in case." in your experience is the deal i got good? i calculated it and if i paid 38 dollars/month for 30 years and nothing happened to me it would be over 13,000 down the drain. but i guess that's the purpose of insurance. please let me know your thoughts.

and, i got the quote over the phone and may have lied about my weight, etc. the rep told me later in the convo that a nurse practitioner will be coming by my house to take a physical and will want my doctor's info to get my medical records. what are your experiences with that?

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