Search SEARCH

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
Source(s):
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
Source(s):
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
Source(s):
Answered By: aaron p - 8/16/2007
 
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Jobs.Quick-com
Click. Search. Apply. Free!
www.JobDiagnosis.com
Jobs hiring near your local area. Part-time, Full-time, Work at home.
www.HiringLocally.com
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.
JobsToLatinos.com

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

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.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
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 Article Rating
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.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-307
eTrustLogo