OT-Need a good reliable life insurance company for term insurance.

[ZachnElli]

Just wanted to add here that when DH and I got our term life policies, they (SBLI) actually sent a nurse to our house to do blood testing, urine sample, and blood pressure. I got the best rate they offer, but DH's family history knocked him off the best rate, even though he exercises more than me. So other factors weigh in as well. Also, you need to be honest on the questionnaire or they can deny your heirs payment if they discover you lied about something (like smoking, for example).

Actually, the tests they run will tell if you use any kind of tobacco. I too work in an insurance office and we had someone last month who chews tobacco, but didn't say so on the application, come back as testing positive for tobacco and they rerated him. I had my brother recently apply for life insurance and unfortunately (yet, fortunately it was caught) it turns out he probably has cancer. This was caught by the blood/urine tests for the life insurance. He goes for more tests to determine for sure this week. All because I made him come in and apply for life insurance because I knew he needed it. Needless to say, the tests are pretty thorough. You can ask for your lab results too.

 

[problemchild718]

So maybe if my husband I just took out just enough maybe to have the house paid off and college for our daughter if something happened to either one of us, that would be good?

don't know how old your daughter is, but you should have enough to cover child care costs (only one parent to do everything), plus continue to live in the same home-current lifestyle, education, funeral expenses-just to name a few.

 

[Colinsmom]

The internet sure brings out all the know it alls.

The OP asked a question, and is looking for the most accurate information that he/she can get given that this is a message board where anyone and their brother can reply. You say that internet rates are much cheaper, I say they are not. If I see something in an insurance thread that I feel is not true given my experience (which, FWIW, is not in insurance sales), I'll say so, even it is just to encourage the OP to investigate it for him/herself versus taking said "know-it-alls" response as gospel.

 

[ldb1030]

don't know how old your daughter is, but you should have enough to cover child care costs (only one parent to do everything), plus continue to live in the same home-current lifestyle, education, funeral expenses-just to name a few.

No child care costs here! She's almost 17!

Thanks for your help!