Where can I find a reputable Life Insurance Company/Policy?
I'm a single mother and I'm trying to locate a life insurance company that offer a low monthly premium and list my children (ages 5 and 8) as a beneficiary. I'm aware that most companies proposition the benefits at ages 18-25. I want to provide these benefits for my kids if something should happen to me!
Answers:
Your best bet is to consult beside an insurance professional. All the major vivacity insurance companies are reputable. I would avoid anything on line. An insurance professional will work out something for you inside your budget and explain how to list your children as beneficiaries. They do not own to be adults to be listed on your policy.
Other Answers:
Check next to the bank that handle your checking account. Usually bank offer preferred rates if written thru them. You can probably do this on-line. I am also a single mom and enjoy taken out Life Ins. on myself with my children as beneficiaries. Also... check out the website for Globe life span and accident. Decent prices. Good luck
Try LIC of India.
Source(s):
http://www.licindia.com/ Liberty National, Life of Ga,SC,TENN etc, American General, Hartford. It depend on Your income as what type of plan You Choose. If You want something from now on move about With a Whole Life or an Interest Sensitive Plan. If You want it for a few Years Buy Term.
Source(s):
I sold Ins
You can procure a great term policy that will propose you the right amount of coverage at a very valid price.
Be careful in connection with your beneficiary setup.
Who is legally setup to precision for your kids if you die? If you die with no will, the proceeds would go past to your children. If they are minors when you die, the control of that money may end up contained by the hands of the creature legally surrounded by charge of them..If you are concerned about how this human being would handle that money for your kids, you stipulation a will.
If you want to make sure the money get spent the right way on the proper things, you obligation a will to dictate the terms of how that money will be used.
check us out for some free, no pressure, no necessity quotes. good luck!
Source(s):
http://www.lifeinsuranceadvisors.com