More Life Insurance Artitcles

All About Life Insurance Settlements
Life insurance settlements refer to the amount of money your beneficiary receives after you die. The life insurance company pays the settlement based on the amount you have paid for with the premiums of the policy. Life insurance settlements are...Read More

Life Insurance: A Product That Cannot Be Bought When Needed
All people have certain needs that must be satisfied. Some of these things include food, clothing, shelter, medicine, etc. Food is needed by the body in order for it to function well. These foods can give nutrition that can enhance the body's...Read More

Life Insurance Cover – Fat Chance
The Government predicts that by 2025, obesity rates in children will be a frightening statistic. It is thought that around 33% of girls and 25% of boys will be clinically obese. This means overweight to the extent that their...Read More

Why You Should Be Buying Last To Die Life Insurance
It seems a grissly subject but it's going to happen eventually so we'd best be prepared. So what is last to die life insurance? Sometimes called second to die life insurance, or joint and last survivor insurance, it insures two people (the...Read More

Understanding Life Insurance

Life Insurance Leads Insurance Leads and the Online Lead Generation Business

Business Insurance Today s Business Lifeboat

Life Insurance the Universe and Everything

Why Life Insurance Might Be Your Most Valuable Business Asset

Questions and Answers About Retirement, Cosigning, and Term Life Insurance

College student wants to start investing

Dear Dave,
I'm in college and 21 years old. I've got $1,000 in the bank for my emergency fund, plus I'll be debt-free in about six months. Is it too early to begin saving for retirement?
Andrea

Dear Andrea,
You could start a retirement fund, but I'd start a "graduation fund" on top of your emergency fund. You're going to experience lots of transition in the years after college with new jobs, new locations and new relationships. All these things are going to require cash because you don't want to start your new life by going back into debt.

Once you have this in place, I'd suggest investing in mutual funds and maybe a Roth IRA. If you do all this at your age, you'll have a great start in life and you can look forward to being a very rich, little old lady when you retire.
- Dave

Co-signer wants out of loan

Dear Dave,
I tried to be a good son and cosign on a home loan for my mom because her credit isn't very good. The loan was at a high interest rate, but the loan officer we spoke with said that even if things went bad, it wouldn't go against my credit. Right now, I'm trying to save up the money to buy my own home. Is there any way to get my name off this loan? My younger brother still lives with her. He has a good job, good credit and said he'd cosign if that's possible.
Anthony

Dear Anthony,
First of all, the loan officer you spoke with is wrong. If this loan went bad, it would definitely count against your ability to get a house because you have a contingent liability on your mom's loan.

I'd look at paying back a chunk of this loan if possible, and then help your mom try to refinance the loan at a lower interest rate. But don't have your brother cosign because he'll just inherit your mess!

Your mom will be paying less money to the mortgage company every month, and you'll have the monkey off YOUR back so you can go and buy the house you want.
- Dave

Severely ill foster child needs

Dear Dave,
My husband and I have adopted a foster child who is severely ill and will always be in need of care. We love her to death and don't want our older children to feel that they're financially responsible for her when we're not around. We heard about an insurance plan that doesn't pay until the parents die, but what do you think?
Laurie

Dear Laurie,
A special needs trust is a great plan. I'd go with term life insurance until I had enough cash built up to fund the trust with a mutual fund.

Term insurance is very inexpensive. The plan you're talking about is a second-to-die plan, which usually ties you into some kind of cash value program. Whatever you do, stay away from cash value insurance like it's a rabid dog. It's a bad product.

You're great parents for looking at the future and making sure you provide for this special little girl.
- Dave

This content is provided by DaveSays.org and may be used only in its entirety with all links included.

Dave Ramsey is changing the face of America by helping people beat debt and build wealth with his best-selling book, The Total Money Makeover, and nationally syndicated radio show, The Dave Ramsey Show. Read more of what Dave says about living debt free.

Term Life Insurance Save Money The Smart Way

Using Life Insurance Wisely

Term Life Insurance Most Times it s all You Need

Low Cost Life Insurance Quote

Cheap Term Life Insurance Lowering Those Rates May Be Easier Than You Think

Life Insurance Benefits

Life Insurance 4 Key Mistakes And How To Avoid Them

Buy Term Life Insurance Online – Some Tips to Make You Smart
The cyber world has really helped the consumer when it comes to purchasing term life insurance. Buying term life insurance online has many advantages. Term life insurance is the simplest form of life insurance. There is no cash value to deal with...Read More

Choosing Life Insurance
Take your time in taking decisions, chalk out which one is best suited for you and your family from the policies made available by different insurance companies. Look into your age, condition of health, income, health habits, marital status,...Read More

Getting the Best Life Insurance Quote
Your life insurance quote is primarily dependant on a number of personal factors, namely your health, family history, lifestyle and age. It’s not possible to physically change any of these factors and you definitely shouldn’t lie about any of them...Read More

Term Life Insurance News Guide 101
Perhaps the most simple, convenient and affordable form of insurance that exists for a specified tenure is Term life insurance. Term life insurance is insurance for a short period of time and is deemed to be pure protection, as it builds no cash...Read More

That Terrible Life Insurance Agent
Oh, it's that life insurance agent...I don't want to see her. You've had a hard day at work. One employee arrived late while you had a long line of customers waiting to pay for their goods. You had to jump in and assist to get things running...Read More

10 Pay Life Insurance At A Glance
The 10 pay life insurance policy is getting more and more popular every day. What is a 10 pay life insurance policy anyway? How does this type of life insurance work?... Ten payment life insurance is a whole life policy in which all the premiums...Read More

Finding fast life insurance
Since the widespread growth of internet usage and database building it’s never been easier or quicker to find fast life insurance. There was a time not long ago that the project could drag out forever. The process began with phone colds and lots of...Read More

Life Insurance: 4 Important Considerations
Do you know if you need life insurance? To be sure your loved ones are taken care of, there are a few questions you need to answer to determine your level of need. What expenses will you leave behind? If something happened to you today, how...Read More

Life insurance-features and objectives
The life insurance is conceived to protect people dependent on one from the financial losses that such people would incur in case of one’s death. The life insurance policy has become a fundamental part of sound financial owing to its association...Read More

Do You Need Life Insurance

Term Life Insurance vs Permanent Life Insurance

Life Term Insurance in UK

Why Buy Life Insurance

How to Choose a Life Insurance Policy

More Life Insurance Artitcles