Should I buy long-term thoroughness insurance or buy AIG AGLAFlex proplus complete energy insurance ?
I am 45 years of age,my friend just bought AIG AGLAFlex proplus unversal duration insurance, he said, this kind of insurance can pilfer of money from policy to pay for you hosptial or medicen when you get critical illness or chronic weakness.most of the life insurance can not do that,if I buy this benevolent of insurance, I don't need to buy long-term attention insurance. I am healthy character and unversal life will cost me $80 per month for $100,000 coverage.
Answers:
Long possession care insurance
Other Answers:
If you hold health insurance, why do you inevitability to take money from a global insurance policy to pay medical bills?
Term go, health, long possession disability, and possibly long term assisted living are the most you necessitate.
Well, LTC is the better buy, but you're still young-looking for it.
Don't buy Universal Life, you can buy Term for about 1/6 the cost. Tell me exactly what will ensue to you in the adjectives and how those events will affect your savings and I will bring up to date you what insurance to buy.
You should go verbalize to a licensed financial professional including an insurance agent (or more than one). Unless you want to post all of your personal financial information here, not a soul can give you an answer to your specific situation.
Joe T (above) may be right. You might solitary need residence insurance but you have not given ample information to make that assessment.
Good Luck