How do major life insurance policies work? I have only ever had the ones offered through jobs.?
I am single, non-smoker, 25 year old female in reasonablly good health. Non-homeowner & no kids. How do you invest through life insurance? Etc...
Asked By: candi82 - 8/16/2007
Best Answer - Chosen by Asker
Life insurance is designed to protect a family against the financial burdens that accompany the sudden, unexpected loss of a breadwinner. You have two options: term life and whole life. You pay a monthly premium with each. A term life policy will pay a death benefit in the event that you die during the specific time... More
Answered By: Bradley S - 8/18/2007
Additional Answers (4)
First of all, investing and life insurance are two different things and you do them for different reasons. You purchase life insurance to protect your loved ones from the loss of your income and to pay off your debts at your death. You invest to have money to buy the things you want, when you want them and to have a... More
Answered By: deep5223 - 8/16/2007
1. as a single person with no one that relies on them for income, your insurance needs would be minimal. Until that changes, you should pretty much just keep what you have at work. A very small personal policy would be ok, but probably not needed. Life insurance is to replace income from someone that has others relying... More
Answered By: ricks - 8/16/2007
Well, you DON'T invest through life insurance. If you did, it would sound like this... More
Answered By: mbrcatz17 - 8/16/2007
You generally cannot "invest in life insurance" because most contracts are not securities. The only life insurance policies that would qualify as securities are variable life policies. Furthermore, most broker-dealers (that's the entity in charge of overseeing folks who can sell securities) disallow that colorful... More
Answered By: aaron p - 8/16/2007
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
No Scam. Realistic $87 Per Hour. No Schedule. Nice Pay. Start Today!
$47/hr Real Work at home Job. Computer Required. Apply Online!
Over 471 Local Jobs Available. Hiring Now – Apply Today!
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.