Insurance - Nerdwallet

Insurance

Insurance is a paid contract that guarantees a benefit if something bad happens (e.g. car accident, death, theft, etc).

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Top Advisors

Adam Harding
Adam Harding
CFP®
Scottsdale, AZ
4 recent answers
John C Brandy
John C Brandy
CFEd, AAMS
Redmond, WA
3 recent answers
Scott W Johnson
Scott W Johnson
Mill Valley, CA
2 recent answers
Damon Gonzalez
Damon Gonzalez
CFP®, RICP
Plano, TX
1 recent answer
Scott Vance
Scott Vance
Cary, NC
1 recent answer
All Questions: Insurance
NewPosted May 24, 2016 · El Paso, TX

Variable life insurance for your child would essentially have the same tax and investment profile as a variable annuity. In both structures, the contr...

NewPosted May 20, 2016
James Kinney

James Kinney

CFP®, CCPS

That is an interesting question. My first inclination is to say, well, ask him. But since you are asking this question, I suppose maybe there is som...

NewPosted May 20, 2016
Damon Gonzalez

Damon Gonzalez

CFP®, RICP

This is a multifaceted question that does not have a definitive right or wrong answer. It really depends on what your risk tolerance is and what else...

NewPosted May 19, 2016 · New York, NY
Leonard N. Katz

Leonard N. Katz

CRC, CWM, MFP, RFC

Like most things in life, there are pluses and minuses to decisions. Scott gave you a minus, so I will give you a plus. In my opinion the plus is th...

NewPosted May 19, 2016
Guy Baker

Guy Baker

CFP®, AEP, ChFC, CLU

A policy that is 9-10 years old should be a really good money machine. The agent or company representative should be able to give you some good insigh...

NewPosted May 17, 2016

The answer to this is: probably, but it's hard to say exactly how much.... Here's why:

Life insurance is to be purchased to insure against the loss ...

Posted May 13, 2016

Unfortunately it's pretty difficult unless you reach out to an insurance broker that maintains access to several different carriers. I also think it's...

Posted May 13, 2016 · Houston, TX
John C Brandy

John C Brandy

CFEd, AAMS

Keep in mind the one and only purpose for term: to protect loved ones from not having your income when they depend on it.

Consider each of you separa...

Posted May 13, 2016
John C Brandy

John C Brandy

CFEd, AAMS

Hi Mom -

We're going to eat the elephant one bite at a time.

The first thing to do is make sure you can match the tool with your goal.

Your goal is...

Posted May 5, 2016 · Sacramento, CA
Larry Frank

Larry Frank

CFP®, MBA

This is a great question! There are rules as to why you need it in the first place and how you can cancel it. The Consumer Financial Protection Bureau...

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