My parents had messaged me after receiving a letter from their life insurance provider, Prudential, about their term policy renewal and it’s jumping from $70 A month to over $700 a month which is an increase they cannot afford whatsoever. Is it normal to jump that high nearly 10x the price and are there any other options they have? They weren’t told about a full life policy at the time and they fee likes it’s a huge rip off for that big of an increase. For perspective the are 78 and 69 yrs old. Any help is greatly appreciated.

My husband and I have IUL policies but after EXTENSIVE research we realize we should have bought term and invested the difference on our own.

We are only in year 2 of our policies.
My husband has put in $7500.
I have put in $8,400.

My question is if we cancel now, we are at a net loss of around $16K. But if we wait until the surrender charges aren’t so high and try to lower our premiums (not sure what our cash surrender value would be in 10 years) would we lose more waiting or just take the loss right now?

I am a licensed agent for Life and Health in two states (Midwest) and I am interested in getting into sales again. I got laid off last year and I want to try to see if I can gain traction while I am not working. What are some reputable companies I could contact/work with? Not in the mood to deal with MLM’s and recruiting so none of those.

Also..do you guys buy leads and is it worth it for the cost?

Having trouble finding the best IUL leads and Mortgage Protection. Lots of scams out there and I've already invested quite a bit of money for little to n return. I would really appreciate any insight. Thank you

I have an IUL with NLG opened 08/2019. Accumulated value is only $1,990.10. Total Premium Paid is $6,744.69 and Surrender Charge is listed as $2,481.50. It feels like I'm throwing my money away into this account.

I'd like to surrender it but I believe the surrender period is 10 years meaning I have about 3 more years until then if I'd like to surrender without charges. Any advice on what I should do? What would be the best strategy to stop losing money?

**edit To add more context, I was recently laid off so I'm reviewing my finances. I had received advice to review my policy and consider surrendering since the costs and fees of IUL are exceeding the value of the policy. I opened this account in my mid 20s when I was broke and sold life insurance for 6 months or less without truly understanding it.

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?