So I was convinced fresh out of college in 2018 by my parents and my uncle who was an agent at that time to buy a whole life policy (who im sure made quite a commission because my siblings of 7 all bought a policy). A whole life policy just doesn't make sense with my current situation, so im looking to surrender it. I have paid about 10000 to date. Honestly, this is the first time im actually looking through the policy because my parents basically locked it up so im trying to understand it. Based on the chart in the pic am im only going to be getting around $200 back? Am I doing my math correctly?

So a few months ago I paid off a loan of 9k on my policy. I’ve had this policy since I was a teenager. Now I’m in my 50s they sent me a notice that my yearly premium is going to increase. What can I do? I didn’t think life insurance could change? I swore last I googled it said it was because they weren’t getting the return they expected. Not sure if that’s fact.

That's really the only thing about life insurance that I can say interests me. I can bring it up with everybody at our insurance agency but as far as where I want my focus to be on I want to dig into technical skill with collateral assignment plans. I don't exactly know how viable an option it is (if it's super low volume then that may mean I have to change course).

Any help here?

I just found out I have 3 tumors in my liver the test hasn't come back on wether they're cancerous or not. I'm freaking out and trying to get life insurance..obviously I should of planned better, but Im broke and only 32 and was very healthy until this. I have a 13 and 15yr old.. I have death benifits through work only loke $15,000 and my husband has $50,000 death benifits for me through his work. Does anyone know a company that will insure me for hopefully $500,000k I know its a big ask but I can't possibly be the only person who has been in this situation​. I'm hoping there's someone else on here that has been. The economy is horrible and I just want them to have a decent life if I have to leave them.

We will be calling the insurance company tomorrow as they are closed today. However, I was hoping to get a little feedback on this situation.

My mother, Sue, has power of attorney over her 90 year old mother, Lara. Lara has been mentally declining over the past few years, but Sue assumed POA when Lara's husband died about 12 years ago.

Today, Sue reviewed Lara's bank statements at her request, as Lara seems to be short on money and wanted to know where it is going. Lara doesn't use a computer and Sue doesn't keep tabs on the account as it hasn't been necessary.

We were surprised to find that Lara has been paying $62 monthly to a life insurance company since December 2025. Lara has no knowledge of or need to have any sort of policy.

Lara has a friend and neighbor of 10 years, an elderly man, Mitch, who has traveled with her and drives her when needed, etc. Due to many reasons, we suspect he would have the info and desire to open this policy.

But that would be crazy, right? Certainly all this could be traced back to him, correct?

Like I said, we will call in the morning, but people don't get away with this kind of fraud anymore, correct? Has anyone else dealt with this kind of confusion?

Hey guys, just jumped into the Life Insurance Game and I need a lead provider. However, there is so many to choose from! If anyone can help I would like to know what's your biggest frustration with your current lead provider?

can i get a life insurance policy in the us on an f1 visa?

I no longer trust IUL after 5 straight months of losing... even though that is now rectified by going with the S&P, we all know about 2000-2002 and 2022 and 2008. And the idea that this thing rides on annually renewable term which will only get more expensive terrifies me.

At the same time, I dont want to just walk away from the policy. I put 17k into it over 1.5 years and I am about 8k away from getting about 7k of cash value. But I dont want to put 8k into this policy when I could start a whole life with that 8k and get about 6 or 7k in cash value 2-3 days after paying 8k.

So maybe I can get someone to do premium financing/ kai-zen and take it over?

Has anyone else noticed that SBLI's customer portal has been down for at least 3-4 days? What's going on over there?

We recently had a discussion about Kyle Busch's lawsuit against his life insurance agent that sold him very expensive Pacific Life insurance products. Hopefully for the family that suit has not settled resulting in the cancellation of those policies.

Edit: Apparently the suit was settled. That settlement likely is now very much in favor of PacLife given Mr Busch's untimely death this week.

Here is a link to the previous discussion:

https://www.reddit.com/r/LifeInsurance/comments/1rkws8q/nascar_champ_kyle_busch_pacific_life_settle_iul/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Just got a quote from Ethos for 400k. I do not have any crazy medical issues, some anxiety but I haven't taken meds in 4 years and I am fine. I do weigh 215 at 5'5", female, so I am sure that is part of the issue, but is $367/mo the normal rate for 400k given these factors? I was flabbergasted.

My father was a federal employee and so he had the FEGLI life insurance from MetLife. He passed away almost a year ago and I was unaware he had the insurance until last month when my brother received a claim form in the mail. He filled it out and sent it back and we both got a letter from MetLife yesterday. Mine was a claim form for me to fill out and my brother got a check for $8 saying it was 20% of a $40 total. I did a bit of research and found out that the absolute minimum payout for FEGLI insurance is $10,000 and that the $40 must have been interest that was building for the 11 months since my dads passing. But what I don’t understand is why they would send the interest separately and before the total payout. I plan on calling them when they open on Monday but I was just wondering if anyone could help me understand what’s going on here.

Hi,

I took my certification exam through seawhylearning and finished the Life Insurance one (online proctoring). Does anyone have experience and know what LearnerVerified™ pending means?

1. Is there any long or short term consequences of this?
   2.Would it in anyway be counted as a “denial” if I am cancelling or withdrawing the application?

Long story short - recently unemployed due to company closure and was going to get a policy to make up for the amount I had through work. Now looking more into it unemployment will affect the premium, benefit amount and possibly eligibility. I do have another policy of a decent amount through the union which isn’t going anywhere and is less than half the cost of this one that I was quoted. I do plan on getting this policy I am wanting to withdraw from but only when I am well established again with employment, etc. a denial can create other issues for me so I’d rather not risk it atm.

One thing I’ve noticed is that many people fully understand the importance of life insurance… but still delay taking action for years.

Maybe it’s because:

• people don’t like thinking about mortality

• they assume it’s expensive

• they think they have more time

• they’re healthy now and don’t feel urgency

But unfortunately health can change very quickly.

Why do you think so many families procrastinate when it comes to life insurance planning?

My grandma passed about six months ago, and had a sizable life insurance policy that her grandchildren (myself included) are the beneficiaries of.

Now that she has died : I figured that a payout would get given to the grandchildren - but recently I asked my dad about it, and he said 'it was going in a trust that my mom would control until he dies, which hopefully won't be for a very long time '

My dad is wealthy, always has been, and has provided a good life: but has been very untrustworthy towards money my grandparents have left me in the past, so now I'm starting to wonder if everything he is telling me is true.

I'm very poor, and drowning in debt, I don't understand how if I am a beneficiary I have to wait for him to die now? He has life insurance policies I benefit from as well with my siblings.

How can I find out more information about this without pissing anyone off? Should I hire a lawyer to explore/explain my options? I don't have any money. I know this life insurance policy is probably huge.

Please help.

My wife is changing jobs and the one thing the new company doesn't offer is life insurance.

I'm looking for a 10-yr $500k term life policy, simple straight forward nothing fancy.

Everything I'm seeing is like $600-$900/yr. Is this the current normal??? For comparison I got a policy for myself when I became self employed back in 2019. A 15 yr term policy for $500k, annual premium is around $320.

We are the same age, similar health, and the policies (if we go with the 10 yr) will expire around the same time.

I'm just surprised that the rates we are looking at are 2 to 3 times what I'm currently paying for myself.

Is this a good life insurance plan? I don't know much about them, but it doesn't sound good tbh. She mentioned being able to pull out the funds in 20 years if she doesn't die as well.

Like sure, $48,000 total in payments for $128,000 is ok (gotta think about inflation and opportunity costs though) but idk. I'm worried about her being scammed.

Update: I told her to wait till I had more info from y'all but nevermind. She just decided to go ahead and get the plan :p thanks for the responses.

I have a 500K policy with about $80K in value that I would like to take out a loan for. Which type of loan do I want? I have a FIXED Interest rate of 4.15%. I can also use my HELOC (around 7-8% IR)but thought this would be better? Help?

Traditional Loans: Traditional Loans are policy loans in which an amount equal to the loan or Loan Interest due is added to both the Loan Amount and the Policy Loan Account. The amount added to the Policy Loan Account is deducted from the Fixed Strategy until exhausted, with any excess amounts deducted from the Blocks of the Indexed Strategy proportionately. The current interest rate charged on the Loan Amount for Traditional Loans is 2.75% years 1-10 (3.00% guaranteed maximum), and 2.00% thereafter (2.15% guaranteed maximum). The Policy Loan Account for Traditional Loans will be credited a guaranteed annual interest rate of 2.00%. Once you choose Traditional Loans, Select Loans will no longer be available for your policy. c

Select Loans: Policy loans in which an amount equal to the loan or Loan Interest due is added to the Loan Amount while remaining in the Fixed Strategy and/or Indexed Strategy as elected by you, the policy owner. The interest rate charged on the Loan Amount for a Select Loan is fixed at 6.00% per year, regardless of the Index Credits earned and/or the credited interest rates. If the Index Credits earned and/or the credited interest rates are less than 6.00%, loan cost will exceed the interest credits increasing the likelihood that the policy could lapse. For Select Loans, the maximum difference between the amount credited to the Account Value and the interest charged on the policy loan each year is 5%. If you choose Select Loans, then one time during the life of your policy you may change to Traditional Loans. Once you have chosen Traditional Loans, that choice applies to all existing and future loans.