Policy loan from life insurance interest pay to insurance company! why?

Policy loan from life insurance interest pay to insurance company! why?

How about VUL life insurance policy, in the VUL cash value money is policy owner distribute to the policy and invest it in equtiy market, it make money on equity market, the gain will go back to the ploicy cash value,the cash value money should belong to policy owner, but when take out loan from policy cash value, the interest still going to insurance company?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Drunk driver hit me with no insurance… what happens next?

I’m from NJ and I recently was involved in a car accident. I was rear ended by a drunk driver which of whom originally left the scene.. I managed to get the license plate of her and she was caught. She did a lot of damage because not only did she rear end me (denting and scratching my back bumper), but I lost control of my car and jumped a curb causing damage to the right rocker panel, fender and some other damage underneath…. Now, this lady has NO insurance… And my insurance has a 750$ deductible.. am I going to be stuck paying the deductible?


Health Insurance – suggestions?

I’m a 30 year old married woman in relatively good health. I have no health insurance, and no preexisting conditions. I would like to look into a plan (probably HSA compatible) that is of low cost. It really burns me that an average plan would cost $500 a month for spouse and myself – when we just need to go and get checkups 2-3 times a year…which winds up being about $6k a year – to go less than a half of times between 2 people. Is there a happy medium at all?


Is it possible to get insulin for a type 1 diabetic with no insurance, medicare or medicaid?

My fiance has type 1 diabetes. He gets food stamps, but doesn’t qualify for SSI for some reason. He’s only 26. I am the only one working, getting minimum wage, and little hours. We can’t afford to pay a doctor $100 just for them to tell him he has what he knows what he has, and to get a prescription that cost twice that. It just seems like a vicious cycle we cant get out of.


Medicaid pays $3000 for childbirth while insurance pays $6000. Why force single payer (medicaid) on all who are happy with insurance.?

And I am sure a single payer will not allow opt out of the taxes if people want to.

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

Can my home insurance raise their price for owning a bully breed if it’s a service animal?

I am getting a pit bull as a service dog; she will be official. My question is this: in the state of Colorado, can the insurance company raise the price of our home insurance for having a ‘bully breed’, if she is a service dog? Or is that an infringement upon my rights as a disabled person?


My insurance changed to 2 million lifetime maximum coverage. On average is this more than enough?

My main question is on average is a 2 million maximum lifetime enough for insurance. I know that there are unlimited policies because I currently have one for at least the next month. Unfortunately I don’t have a choice where my company goes and I’m trying to figure out the quality of my policy.


Health insurance .. dermatologist?

How do I know if my health insurance have coverage for a dermatologist


Policy loan from life insurance interest pay to insurance company! why?

How about VUL life insurance policy, in the VUL cash value money is policy owner distribute to the policy and invest it in equtiy market, it make money on equity market, the gain will go back to the ploicy cash value,the cash value money should belong to policy owner, but when take out loan from policy cash value, the interest still going to insurance company?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Will insurance cover me?

Today at work, I went to start my car with my foot on the brake and the brake line busted. I have another car but it’s not currently insured. It has been previously insured through to company. Will my insurance cover me on that car until i can call tomorrow morning to switch my insurance over to this car?


Car insurance am I covered?

My 5yr old son got in driver seat and mashed my gas and held it and it blew up my engine.I have full coverage and wondered would this be covered.I know it sounds dumb but its gonna cost me over 3k to fix.


List of life and health insurance companies with medical exam?

List of life and health insurance companies with medical exam?


Affordable dental insurance?

I need two teeth fixed, one molar extracted and braces, prefer the invisible kind. I’m looking for some dental insurance, that’s inexpensive, that will help cover paying for these things.


When to get health insurance for your newborn?

I am in my first trimester and just wondering when do I need to get health insurance for my newborn-the health insurance is United Healthcare and offered through my job


Being sued by an insurance company, can my wages be garnished?

I was in a severe accident last year in which the damage done exceeded my coverage. Now, a year later, the other insurance company is suing me. Now, the odd thing about this is, the accident was in NJ, I now live in PA, and they cannot seem to find me. They’ve called my old jobs in NJ looking for me, but haven’t found me here in PA. What’s even odder is, the attorney hunting me down is from MY insurance company, which I now again have in PA, and that particular accident never even showed up on my driving record when I insured my vehicle here. I’m assuming it has something to do with crossing state lines, but it’s very odd. My big question is, when they judge against me, can my wages be garnished here in Pennsylvania? Can they garnish wages in that scenario? And also, is anyone familiar with the crossing state lines aspect of this and why they cannot seem to find me? I would like to just file for bankruptcy so my wages cannot be garnished, but up to or over a thousand dollars is a hit I cannot take. Any help is greatly appreciated.


Tip for get cheap auto insurance?

Tip for get cheap auto insurance?


Filiing Bankruptcy and has Life Insurance with cash values?

My sister is married and planning to file bankruptcy that wipes out all her debts. She is filing it personally and just by herself. She has multiple life insurance policies with cash values. She is paying for the policies but there each policies have different INSURED. will filing bankruptcy affect the POLICIES? thank you


Policy loan from life insurance interest pay to insurance company! why?

How about VUL life insurance policy, in the VUL cash value money is policy owner distribute to the policy and invest it in equtiy market, it make money on equity market, the gain will go back to the ploicy cash value,the cash value money should belong to policy owner, but when take out loan from policy cash value, the interest still going to insurance company?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Which is Better for Me: Term or whole life Insurance?

1’m 40 years old, have a 7 month old baby, my family annual in come is $80,000. thank you!


Should i have to pay for my moms car insurance?

Okaay people i was just simply asking no need for some of the asshole answers. And i only asked this because none of my friends have ever had to help pay for car insurance with their parents so i was just wondering. And as for the ***** telling me to move out and stop depending on my mother i just graduated highschool a few weeks ago so lay off.


I paid for car repairs with money from my insurance. After a year the check was never cashed and check is being returned to me. Ismoneymine?

I paid for car repairs with money from my insurance. After a year the check was never cashed and check is being returned to me. Ismoneymine?


How do I get individual health insurance quotes for North Carolina?

I am currently living in New York State and am considering moving to North Carolina. How do I get individual health insurance quotes while still living in NYS? All the websites ask you to provide a North Carolina address which I do not have yet. Thank you.


Which 1 is the best and Cheap Car Insurance?

Plz Help! Just bought a Car and Looking 4 a good Deal! 🙂


Car insurance for 17 year olds?

I am interested in getting my own car insurance separate from my parents but I have NO IDEA what to do or what I actually need. Keep in mind I am a 17 year old high school/college student so I really can’t pay more than $100/month. Can you explain car insurance to me and what is required and what is optional? I really do need the cheapest car insurance possible but I do not know anything about insurance.


How much is the average psychologist appointment sans insurance?

I am having to do a budget for homework since I am going into healthcare management and I want to be acurate on how much visits per customer would be without insurance so that my budget is not thrown off.


Age 5 my son was bit by a dog, I am sueing the owners insurance. they want to settle at 51,000 help me?

my son had 31 sticthes all in the face, deep scars for the rest of his life. his two front teeth were also taking by the dog. its been 13 months and his teeth has’nt came back yet

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Meaning of ‘risk date’ of a policy of insurance???

then guys,what’s the difference b/w date of commencement & risk date?????


What do you think about Obamacare?

There are mixed opinions about it. Some think it is ruining the country. Others think it shows how much Obamacares about us. Thanks to Obamacare insurance companies can’t deny you coverage for whatever reason. Everyone can now have health insurance. So do you think Obamacare is a good or bad thing? And why?


If you have or had a ninja 250 at 16-18, how much did your insurance cost and who where you with ?

Does the bundle up insurance on some companies actually save you money ?


Are there any life insurance policies?

that do not require signatures? I know they have them out there that do not require a physical exam. Trying to help a friend w/info to keep them out of trouble, see other post of mine are there any life insurance policies that do not require signatures? And why is it legal to sign someone’s name w/an attorney if the other person isn’t present? That doesn’t make sense



BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

How can I get product liability insurance?

I’m going to sell some of my homebuilt PC’s on ebay, and I have been thinking about worse case scenarios. For example, if the power supply somehow catches fire and burns down the house, I will have insurance and they wouldn’t be able to sue me for everything I have, right? Where and how and how much?


Policy loan from life insurance interest pay to insurance company! why?

How about VUL life insurance policy, in the VUL cash value money is policy owner distribute to the policy and invest it in equtiy market, it make money on equity market, the gain will go back to the ploicy cash value,the cash value money should belong to policy owner, but when take out loan from policy cash value, the interest still going to insurance company?


Short term or long term disability insurance?

Which company offers the best short term or long term disability insurance? (price and coverage) I recently found out that I might get blind in future and need to have some income to support my family when I loose the job. I am having trouble understanding the system but would be great if anyone could help me out. I don’t even know if these insurance thing can pay me with being blind. Thanks.


Car insurance on new car in FL??

I am going to go get a new car today. The dealer told me I don’t have to contact my insurance carrier yet until after I get the car. He just needs me to bring proof of insurance on any of my cars. Does anyone know how long I have in the state of florida to get my new car on insurance. I signed up for new insurance a few weeks ago that takes effect in a week so I wanted to know if I can wait until then or do I have to get it earlier? Thanks!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


I’m looking for a car insurance in Michigan that’s cheap?

All i need is a cheap plpd auto insurance. My car is not worth much and I’m not going to spend a lot on car insurance for it. All I want is for the other driver to be fine. If you know of any cheap auto insurances let me know.


Can I register a car in Florida with ny license, insured by someone with fl license?

I have a ny license, wife has a fl license, we live in ny, can we register the car in Florida? Her name is not on the ownership title, would it help of it was? The car will be insured by her with me as a driver


From who can I get the cheapest car insurance?

I’m 18 and I’ve only have my liscense for about a year. I’m trying to insure my 1990 325i BMW for the least possible amount. Any advice?


Why does a classic car cost more to insure?

My friends got an 02 Acura RSX 5 speed and he pays like $600/month and the car has some engine mods. We are both 17 except he has a couple tickets. I called 3 different insurance companies and they all quoted me around $750 a month. the car in question was a 76 Chevrolet Camaro with an automatic trans and 350ci v8 (though the vin would probably indicate a 267ci v8) why is the newer car cheaper to insure? with a manual trans? kids these days dont appreciate the old cars like I do and stick with Honda and Acuras and those are the ones I actually see getting wrecked. I wouldn’t get full coverage on the old car because if it were to wreck i’d just get another as they aren’t worth fixing and are a dime a dozen it’s not really a rare classic car. I understand that engine size might be a factor. The rsx is lighter and has a smaller engine but the Camaro is much heavier with a bigger engine. Would a z28 cost more? (already upgraded to 350 and upgraded suspension from factory) I didn’t ask the insurance on that. What about the Pontiac Firebird of the same years? (70’s to ’81) it shares a similar setup. When I ask the insurance people how they calculate their rates they say its the area and experience of the driver but me and my friend live in the same area, he’s had his license longer but has tickets. His car also costs way more. They could not give me any more info on rates they say they’re just there to quote and don’t know anything else. So why is this like this?


Whats the cheapest insurance company to go with?

Whats the cheapest insurance company to go with?


How do I rent my house out? (LLC? Insurance? Mortgage?)?

Thanks for all of the info so far.. To be clear, I already have an LLC (it was an easy application to the state of Michigan for $50) and an EIN (Fed Tax ID) for free. AAA of Michigan (my current owner occupied insurer does not do non-owner occupied insurance. My agency is recommending AutoOwners, but they want collateral (I agree, that is odd). So I am looking for other recommendations. What I am hearing though, for liability, the LLC is useless, because of how difficult it will be to get the mortgage out of my name and into the LLCs. I guess I should just get a million dollar umbrella?


Does car insurance not cover broken cars?

long story short there is a mahoosive hole in my engine and a burnt out lume… the car is undriveable as its blown to bits, but ive only had it a month of a private seller… am i right in thinking my car insurance wont pay out for this?


What the cost of insurance for new drivers?

should i buy a car or a motocycle? what cost of insurance?


Is this true about insurance?

i recently tried to tell my insurance agency (freeway insurance) in california that i want to remove a vehicle from my plan. however, they told me that i would still have to pay them the next month regardless because its a law or something. is this true? and can they really charge me a serivce fee for something like that? Thanks in advance!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


My insurance plan doesn’t cover mental health and I need a psychologist, what do I do?

Countrygirl, thanks for the suggestion, I’ll look into it. Mommy, unfortunately, it’s not that easy. I got this plan under Healthy New York, which is meant to be an affordable plan offered by the state to cover the uninsured, whose jobs don’t offer health insurance. There are multple plans I can choose from, meaning various HMO’s. But this is the policy of Healthy NY. So I’ll try to contact these other HMO’s but if Healthy NY is only offering the most basic coverage, I don’t think I can really do anything.


Policy loan from life insurance interest pay to insurance company! why?

How about VUL life insurance policy, in the VUL cash value money is policy owner distribute to the policy and invest it in equtiy market, it make money on equity market, the gain will go back to the ploicy cash value,the cash value money should belong to policy owner, but when take out loan from policy cash value, the interest still going to insurance company?


Why is auto insurance more expensive for teenage drivers than it is for older, more expirienced drivers?

Why is auto insurance more expensive for teenage drivers than it is for older, more expirienced drivers?


Does a person really need a home insurance for a $50.000 home?

Do you have one? In most cases, insurance doesn’t cover a thing. These contracts are full with stuff that they don’t cover.


Should I get insurance for my new puppy?

Just got a new pitbull about 2 weeks ago should I get insurance for her?


Advice on teen car insurance ?

I’m 18, from Ontario and have had my G2 for over a year now. I was in a deathly car accident in january on the highway because of really bad weather conditions, I’m lucky to be okay. The cop didn’t charge me because the weather was so bad and there were a number of car accidents that week. However the insurance company faulted me because I spun out first. Its been 2 months and my dad has done nothing but complain about his car being wrecked. He blames me 100% for the accident even though I hit black ice and there was nothing I could do, and he wasn’t even there… For my 18th birthday my grandad (his dad) is giving me $10,000 for a car. My dad is making him wait to give it to me and he won’t take me car shopping ! And when I do get one he’s not putting me under his insurance ! I have to insure my own car at 18 with only a part time job. Is this unfair? Not being able to drive has been a huge hassel. What are the cheapest cars to insure ? I can drive standard so there’s no limitations. What’s the best insurance companies ? How much do you think it would be ? Also I’m going to college in Florida next year on an athletic scholarship so what is insurance like down there ?


Can I control how much commission my insurance broker is getting?

Our insurance broker was required to disclose to us a list of commission rates they are getting from our insurance policy issuers (insurance companies). Some of these rates are very high. So I did some quick research, and it seems that the commission rates are something that the insurance companies determine, and get to add onto the premium we are paying. Then, the insurance company pays the commissions to the insurance brokers Am I right? Since it is part of our insurance costs, I am wondering if there is any room for us, the insured, to negotiate the commission rate with the broker at all?


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