Life insurance quotes

Life insurance quotes are figured, mainly, on the cost of insurance.  And, the cost of life insurance is figured on what kind of history, or experience a life insurance company has had with a large number of customers who are similar in one, or several ways:

  1. The Age and Health of the Insured
  2. The Amount of Money it Will Take to Protect the Survivors of the Insured
  3. For How Long Does the Insured Want the Protection for the Survivors upon the Insured's demise

So, life insurance quotes always start with these three questions:

  1. Who wants the money?   
  2. How much money?   
  3. For how long?

"Why do they have to be so nosy, when all I want are some life insurance quotes?"

If I asked you to pay my wife $10,000 when I die, let's say, wouldn't you have a few questions for me?  And, if I didn't actually need the money for awhile, and was willing to give you a little money every month until I do actually need the money, might I not also have a few questions for you?

In fact, one of my questions might be, "Why aren't you asking more questions of the people asking you for money?"  After all, I want you to be good for the money when my wife needs it.  I want you to be financially healthy and ready to pay out on a moment's notice, in fact.  So,

The Cheap insurance quotes that come with no questions . . .

may not be from companies with whom you want to do business.  "Guaranteed Issue" insurance quotes have a place in the market, yes.  But, those insurance quotes will be quite high.  There is a cost to the risk of ignorance an insurance company is willing to take on.  It's nothing personal.  It's just math, based on the law of large numbers.

Q: Why would a business owner buy long term care insurance,
when the business could buy it for them?


A Short Course in Long Term Planning book cover

Yours, with our thanks for answering 2 quick LTC questions.

Frequently asked questions regarding long term care life insurance

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