Reader’s Question: How will I earn dividends from a whole life insurance policy? Jason Wilmington, DE You will be subjected to dividends if the whole life insurance policy you have is a participating life insurance policy. Not all whole life insurance policies are participating policies. This means that this type of policy does not participate [...]

Reader’s Question: My friend is a life insurance agent here in California and recently told me about Variable Life Insurance, is this a good policy? Mark Anaheim, CA Variable Life Insurance is a kind of long-term or permanent life insurance policy that uses many types of investment mediums to grow your money. This is similar [...]

Reader’s Question: I have a whole life insurance policy in Texas, can I benefit from the cash value option? Raphael Houston, TX. Yes, Raphael, you can definitely benefit from the cash value option of your whole life insurance policy. But let me clarify one thing first. Cash value is different from face value. If you [...]

Reader’s Question: I live in a safe and peaceful community here in Amarillo, TX. Do I really need Life Insurance? Kelly Amarillo, TX   Buying a life insurance policy means that the family you leave behind would have the money to cover the bills that you may have had, especially now that the funeral and [...]

Reader’s Question: Do the life insurance agents here in Honolulu Hawaii HI get considerable amount from the life insurance premium? How much do they get? Nera Honolulu, HI Hello Nera Your question seems rather personal and private so I hope you will be patient with some of my answers here. First of all, this is [...]

Reader’s Question: Is there such thing as affordable life insurance here in Fayetteville Arkansas AR? I suspect all life insurance is expensive. Noel Fayetteville, AR Yes of course, there is indeed affordable life insurance in Fayetteville Arkansas AR. You just need to know how to find your needed affordable life insurance. You need to take [...]

Reader’s Question: What is the “term” in term life insurance? Will it be the same in Omaha Nebraska NE? Trinity Omaha, NE Term life insurance is the cheapest and easiest to have life insurance. Premiums are relatively low than other life insurance premiums. But this is because it only lasts for a specific duration – [...]

Reader’s Question: I named my mother as my beneficiary in my life insurance. Turns out she has annuity plan that I didn’t know about, so she advised me to name my father as my beneficiary instead. Can I change my beneficiaries? Won’t my agent in Anchorage Alaska AK get angry at me? Gabrielle Anchorage, AK [...]

Reader’s Question: Hi! I just turned 30 and I’d like to get a whole life insurance but I was told that it takes a long time before you get any benefits. Would it be wise to invest in slow-earning policies in Omaha Nebraska NE such as whole life? I want to be reassured that my [...]

Reader’s Question: Hi! I want to purchase life insurance, because I think this is the cheapest form of investment options I can get for myself in Antioch California CA. I just wonder how long the appropriate term would be. Thanks! Mary Jane Antioch, CA That’s a great question Mary Jane! Life insurance does require a [...]