ASK & ANSWER | Browse questions and answers from our community experts
Showing 1 - 3 of 1228 results.
What kind of life insurance builds cash value?
Asked by unknown
1 Answers
The rest of the premium payment will go toward your policy's cash value. The life insurance company generally invests this money in a conservative-yield investment. As you continue to pay premiums on the policy and earn more interest, the cash value grows over the years.
How much is a term life insurance policy?
Asked by unknown
1 Answers
Average costs will differ when any of these variables change. For example, a 35 year-old female nonsmoker would pay an average of $61 per month for $1,000,000 worth of life insurance with a 20-year term, and $23.90 per month for $250,000 worth of life insurance with a 20-year term.
What should you look for in an insurance company?
Asked by unknown
1 Answers
In addition to being financially secure, the life insurance company you choose should have a good claims payment history and good customer service. Independent sources such as A.M. Best Company rate insurance companies. HSBC works with insurance carriers who have a rating of A- rating or better by the A.M. Best Company.