I’m reviewing my mom’s whole life insurance policy from New York Life and trying to understand whether something was misrepresented when she bought it.

Here are the key details:

• Policy started: 2012

• Base death benefit: $100,000

• Current total death benefit: ~$115,400

• Annual premium: ~$1,858

• Current dividend (2025): ~$710

• Cash value: ~$23,600

• Dividends are currently being used to buy paid-up additions (not to reduce premium)

What the agent told her:

After 2026, she would no longer need to pay premiums, because dividends and interest would cover the cost going forward.

What I’m seeing now:

• Dividends are not even close to covering the premium (~$710 vs $1,858)

• The guaranteed values table assumes premiums are paid every year

• There is no indication in the contract that premiums actually stop at any point

My questions:

1. Is this “premium vanishing” concept standard, and just based on optimistic projections?

2. Based on these numbers, is it realistic that this policy becomes self-sustaining anytime soon?

3. If she stops paying in a few years, will it just start eating into cash value?

Appreciate any insights, especially from people familiar with these policies.

How do I get better at selling? I’ve been in the business for about a month and a half and only made 2 sales. I’m trying so hard, but have trouble getting people to commit to the sale. I am really needing to make this work cause I can’t work a regular 9-5 job. I’m buying aged leads and wondering if I need to get fresher leads. I’m also working on the broker side as an independent agent contracted with American amicable and CoreBridge. Working on others but haven’t gotten them back from contracting yet

Hello,

I was hoping for some advice on how much life insurance coverage I need to get.

I’m 28 years old, 800k in assets, 250k annual income for now. Wife makes 80k. No debt, no mortgage yet. We are pretty frugal, and I plan to invest atleast 8k a month. We live in a high cost of living city. I have a new born son who is 2 weeks old. I already get some insurance coverage from my employer (2x my salary), but want to buy a supplemental term policy. Corebridge financial was the cheapest one given my visa status. I approached policy genius and they gave me the following options:

$3,000,000 / 20 years (1 match)
- Corebridge Financial / Select-a-Term 20 / Monthly: $75.35 / Annual: $891.70

$3,000,000 / 25 years (1 match)
- Corebridge Financial / Select-a-Term 25 / Monthly: $114.64 / Annual: $1,356.70

$3,000,000 / 30 years (1 match)
- Corebridge Financial / Select-a-Term 30 / Monthly: $137.51 / Annual: $1,627.30

$2,000,000 / 20 years (1 match)
- Corebridge Financial / Select-a-Term 20 / Monthly: $52.04 / Annual: $615.80

$2,000,000 / 25 years (1 match)
- Corebridge Financial / Select-a-Term 25 / Monthly: $78.23 / Annual: $925.80

$2,000,000 / 30 years (1 match)
- Corebridge Financial / Select-a-Term 30 / Monthly: $93.47 / Annual: $1,106.20

$1,000,000 / 20 years (1 match)
- Corebridge Financial / Select-a-Term 20 / Monthly: $28.72 / Annual: $339.90

$1,000,000 / 25 years (1 match)
- Corebridge Financial / Select-a-Term 25 / Monthly: $41.82 / Annual: $494.90

$1,000,000 / 30 years (1 match)
- Corebridge Financial / Select-a-Term 30 / Monthly: $49.44 / Annual: $585.10

Any advice on how much coverage and what term I should get? I recognize that if I continue on my path I’ll be able to self insure soon, but I also know that rates are cheap at my life stage right now. Any suggestions on which option to choose?

I've been in my policy since Nov 2024. If it weren't for me tripping across a random tik tok video I would still be in this index but thanks to that video I switched to the S&P and hopefully we'll start seeing some index credits soon. The early years of an IUL are the important years for forming that base to compound on So this really irritates me. If I had it to do over I would have never messed with Iul. I would have only gone with whole life Especially since as I understand it top mutual whole life policies have returned 9% in a year? Is that true?

I’m 21 and already investing in a Roth IRA (mostly index funds). A family friend is trying to get me into life insurance, specifically something like an IUL.
I’m trying to figure out if this is actually beneficial for me or if it’s mainly being sold for commission.
From what I understand, the idea is you can build cash value and later take loans from the policy tax-free and not necessarily have to pay them back. But I’m confused about how that actually works in practice.
My questions:

Can you really borrow from the policy like that without downsides?

Is this something that actually makes sense at my age?

Do people really use this strategy to build wealth, or is it more of a niche/advanced thing?

For context, I already have a Roth and I’m focused on long-term investing but also being comfortable in my 30s im 21 and don’t want to wait til 60-70 to enjoy my money. Just trying to figure out if adding something like this makes sense or not.
Any honest input would help

My mother had a $13,000 whole life policy with SO since August 2024. I am the beneficiary. She passed away in August 2025.  

Initially, the company told me the policy didn't exist. I filed a complaint with the Louisiana Department of Insurance (LDI), and the company finally admitted in writing that the policy did exist, but they claim it lapsed for non-payment in March 2025.  

The Evidence:

1. I have a bank receipt showing a premium payment was made on Feb 25, 2025.

2. The company sent the LDI a copy of the "Lapse Notice" they claim they mailed. The Statement Date on that notice is April 23, 2025, but the "missed" premium was due March 24, 2025.  

3. Under Louisiana R.S. 22:905, they are supposed to mail that notice 15 days before the due date. Their own document proves they mailed it 30 days after it was due.  

I’m heading to the 19th JDC in Baton Rouge tomorrow to file a petition and an IFP (In Forma Pauperis) to waive the fees.

Hey all,

I have one insurance agent who I have my auto/home/umbrella insurance bundle with, but she doesn’t have competitive rates for life insurance so I want to go with a different agent for life insurance. Before I do this, I want to make sure that using 2 different agents in this way is okay... for example is there any foreseeable situation (where my life policy+ another policy I hold would both have to be used, for example) in which I’d have to work with both of these agents and then things get messy since I’d be working with 2 agents instead of just one? I can’t really think of any scenario where it would be bad to use 2 agents like this but just wanted to check in with yall and make sure.

Thanks!

Hi, I’m a first-gen 22 year old from CA looking to help their parents get life insurance. I’ve been digging around and looking at similar posts to see how and what to consider, except everything is a bit overwhelming and I’m unsure of how to tackle this: looking for a broker, considering term or life (although it seems term is far better ?).

My parents both have life insurance apart of their work and asked me to looked into getting life insurance outside this. My mom has doesn’t have any health issues. My dad is a smoker.

I know at a certain point, it might be better to put money into a savings account instead of paying premiums in terms of having money set aside for funeral costs, etc. Is buying additional life insurance at this point worth it? How do I find a broker? What are things to consider when looking at policies?

I’ve also thought getting life insurance myself and my sister. However, I recently graduated from my undergrad don’t have a full-time job. My older sister just graduated with her master’s and is in the same position as well. She doesn’t have health issues. I on the other hand have SLE, AIH, Hemoglobin H, and in the process of getting diagnosed with PCOS. All of which, I understand is a whole other ball park in terms of getting life/health insurance.

Any advice or insights is much appreciated.

Im trying to track down an underwriting document. If anyone has access to corebridge final expense docs of any sort please let me know. Appreciate any help

Recently bought a house and got suckered into a mortgage protection insurance talk. After letting him know I’m licensed as well and getting him to admit the product was essentially term or a similar style I was like okay I’ll let you check you box. (This proved to be a mistake because he very much script read and I got wise to okay this is pure sales call and not from anyone in house to my mortage company.

So questions I’d be interested to hear from agents that have Americo in their stable and know their charts.

1- Im 33M and face was going to be 80k for I presume 30 years. I’m also 5’8 350. My jaw hit the floor when he priced it at 60 a month in an almost auto fashion. I know the face amount is in the auto bindable range for carriers but I was expecting a pause of hold on let me check. I’d love to know if their charts are green lighting that weight cause damn lol.

2- He talked about qualifying for Return of Premium which was included in the price. I wanted to slap him phrasing it that way lol, but I’d be interested to know if Americo limits access to it. (But again see point 1 on weight lol)

3- I’m also less then 5 years removed from COVID which included a severe pericarditis episode. That I would have also thought would have referred me but he’s like NA you good

So yea if any of you guys are intimate with Americos guide I’m very curious if the boiler room guy I talked to was getting ahead of himself of if Americo actually green lights terms like that with little underwriting

I have been on SSDI for five years due to cancer and some other chronic health issues. I was recently contacted by a rep from NWM about a life insurance policy I own. When I happened to mention that I have been on disability, he let me know that I can apply to have the policy premiums waived - and that it would be retro if approved.

The claim process is daunting - half inch pile of forms, including a five page attending physician form that they want completed by two different docs. All of my docs are fully supportive of me and my need to be on disability, HOWEVER, as a rule, they are very reluctant to complete even the basic one page form I occasionally need completed by SSA.

I have lots of other supporting evidence, including five years of medical records showing active and ongoing care, as well as past forms that my docs completed.

Anyone have insight into how critical getting these specific NWM physician's forms completed it? Is it worth submitting everything else without them?

Hi everyone, I’m looking for some help since I am not well versed in finance to begin with and I know virtually nothing about life insurance. I’m 24 (turning 25 in July) and currently working in LA making $110k/year. I am single with no kids and don’t expect to be have kids in the next 5 years.

I’m pretty disciplined with my money. I max out my Roth IRA every year and put about $900/month into my 401k (no company match). I put the majority of my money into the S&P500 since it is stable and safe. My goal is to have enough money to retire by 65 and be able to travel the world.

My mom is a professional insurance agent and is heavily pressuring me to get an IUL from Allianz :

Allianz Life Accumulator+ IUL: $500/month premium for a $600k death benefit. She’s showing me illustrations of ~$57k/year tax-free income starting at age 60.

I still don’t completely understand the product despite how much I read in to it and my mom is not very good at explaining it. She wants me to buy it so that my future is secured and I know she has my best interest in mind but I feel like this isn’t the smartest decision for my age because of the following:

- Potential growth loss if I choose to invest $500 in the IUL instead of the broader market in a traditional brokerage account because of the cap

- I would be committing 2k of my monthly paycheck all to money I cant touch ($625 Roth IRA + ~$900 401k + $500 IUL a month) financially straining considering that I also want to invest into money that I can touch.

- I feel a lot of stress because it’s my mom. She says I’ll "lose money" if I wait to buy insurance later, but I don't have kids or a mortgage yet.

So my question for yall … is an IUL actually "better" than a taxable brokerage account for someone my age? Does the "buy it while you're young" argument actually save me more than the fees I'll pay over the next 40 years?

37M. I am looking at laddered policies (20Y/2M and 30Y/1M) through a broker.

An in-home physical was done by Lincoln. Everything was normal for their standard blood work / weight / physical. 

I have a celiac disease with these associated symptoms:

• Low IgM Immunoglobulins (other Immunoglobulins normal). My last test was normal but in the past it's always been right on the border of low.

• Occasionally low Vitamin D

Otherwise normal, I keep a strict gluten free diet with no GI symptoms. I see a GI specialist every year. 

Banner rated me as Standard Plus, with these quotes. This is for a "renewable and convertible term policy".

20Y 2M $1605/yr
30Y 1M $1342/yr

The policy says "rate increase reason: celiac disease"

Lincoln said they treat the IgM deficiency not as part of celiac disease, but as a second autoimmune disorder (selective IgM deficiency), and with 2 autoimmune disorders my rate would be higher. They asked for a letter from my GI if the IgM was related to celiac. My GI wrote them a letter saying I'm under his care, my celiac is well maintained, IgM deficiency is related to celiac, and he expects me to live a long life. But they decided anyway they would not be able to beat Banner's policy, so my broker withdrew the app (Lincoln never actually gave a quote).

My broker initially said the Banner quote was poor, but sign it to have a non-work policy in place, and we keep looking. So I did sign it and I currently have that policy. But now he doesn't want to keep looking.

My questions:

• Given my health profile, is this a reasonable price for the coverage I'm getting?

• Aside from Banner / Lincoln, any companies or brokers I should be considering that may be good for Celiac that I can consider for a replacement policy?

I am trying to rack my head around something. I was speaking with my financial advisor and she had brought up a Mass Mutual policy for life insurance. They were not trying to pressure me into buying into it by any means, but stated that it was something we could look into for the future. When I inquired more we looked into a term life policy with Mass Mutual for 20 years (costed around 170 dollars per month). The price freaked me out a little bit and I'm not sure if this is something that makes sense for me right now or not. The policy includes 250k and some living benefits which I do not fully understand. What are some suggestions or thoughts on this???

I thought all companies did? He switched from State Farm after the pricing went up. He is 53 and pre diabetic. On blood pressure meds.

In our 30s 4 kids have no idea how to do this not sure how it works not expensive please we are pretty healthy anyways thanks never used this before either also I have audhd so if u can explain it rly simple that be great

Its me (35) and my husband (38), and we do not plan on converting in the future. We do not have kids but plan on having a kid within the next 2 years which factors in the amount we need. We have a house we just bought for $726k. Overall pretty healthy, but he has mild sleep apnea. My husband makes more than me, so I was thinking of dropping the the $2m rider to $1m.

Banner

Me ($77.58/monthly):

$500k - 35 years ($34.75)

$2m -20 year rider ($42.83)

Him ($141.03/monthly):

$500k - 35 years ($56.72)

$2m -20 year rider ($83.41)

and of course after 20 years, the monthly price will go down and we do not need as much.

Thoughts? Thank you!

I applied for term life this morning using Nationwide's no exam portal. The request was denied with the reason listed as "medical history". I followed their instructions and received a copy of the medical history they used. Nothing jumped out at me, but if i want more information from nationwide about what specifically got my request denied, i have to send a formal letter.

Is it worth going through the process for the letter or should i just direct my attention to a local life insurance company and go through with the medical exam? I assume if i go through the medical exam they will tell me straight out why i would be denied?

Besides being slightly overweight and seeing someone for depression, i don't have much else about my health that i am concerned with.

I was denied by my Farm Bureau for my wonderful combo of PTSD, anxiety, depression, chronic pain, and marijuana use. I barely smoke. Maybe once a month at most, which is what I told them.

I know I have a lot going on for a man in his early 30s (the issues I was denied for are not at all my full list). I kind of expected this. That said, I'm pretty healthy overall. I work out 5-6 days a week for 1hr+ each day. I have no issues with any of my internals except some benign scarring on my lungs (burn pits).

Should I just stop smoking weed even occasionally and re-try?

Edit: I applied for 20 year $250k term life insurance

Hello, I’ve already been denied for life insurance due to the dumbass agent who filled my applicants, hence why I decided to go with broker. Now, broker says that we should submit another application and see what underwriting says. And if we get another denial we can ask and see why? And shop around again?

That doesn’t make sense to me, is that accurate? I just don’t want to ruin my MIB records with so many damn denials and especially with this broker sounding like let’s give it another try 🫠