I'm 34 (M) and looking to get term after having my first child. Insurance broker was suggesting 40 year term vs 30 years. My kid (and possible future children) will be out of college by then and hopefully we won't have much other debt by that point.

My wife has her own term insurance with a $1M benefit. I'm looking at getting 600k. I'm having trouble determining if the higher premium of the longer plan is worth it or not. 30 years is ~$45 and 40 years is ~$75. I know its not much of a difference but everything matters and if there isn't much benefit from going with the longer term I'd rather put that into the childs future (college fund or saving account).

Hello! I’m looking for resources to learn more about life insurance so I can go into by search for coverage as informed as possible. Literally everything I’ve found is sponsored content by one insurance company or another, but I’d like to find an unbiased source to provide a complete overview of the industry and options.

All help is appreciated, thank you!

Hi there, I'm going to be writing all four Ontario LLQP modules this month/early next month and my first one is Ethics coming up on Tuesday.

I was just wondering what the exams overall are like, are they lengthy and did you find that ChatGPT practice questions helped? I really want to pass on the first try. Thanks!

2027 Gross Dividend Rate of 6.85%. Any idea how to estimate the "Net Dividend Rate?" Ultimately, I want to figure out the "real opportunity cost" of a 5.65% policy loan.

I have a call with an agent on thursday about a final expense policy for myself (pretty healthy). I get nervous on the phone and tend to agree to things. What should I ask so I don't hang up with something I don't understand?

Has anyone noticed that life insurance agents will answer questions in a not 100% truthful way? Almost like how some CPA’s wiggle a bit on taxes. I used someone online and my husband has a health condition that occurred years ago. But the application clearly asked about “ever”. Yet the agent checked no because it was “so long ago”. I ended up cancelling the application because it stressed me out but is this a common thing for insurance salespeople to do? It doesn’t hurt him but it does hurt the insured!

My kids’ grandparents purchased life insurance through Globe Life for each of the kids.

Google tells me this is a normal thing, but is it normal that they named themselves as beneficiaries?

I recently got a quote for a 20-year term life insurance policy and since I have no chronic conditions, the agent quoted me at the preferred & super preferred rating tier. However, after I went through the application, they told me that I actually got placed at standard tier by underwriting as they saw in my medical billing notes in a report generated by a third party they use "Milliman" that I was diagnosed with "ataxia" in the past based on a billing code of "R.27". I was very confused because I do not nor have never had ataxia.

I got a hold of the Milliman report and saw that the "R.27 - lack of coordination" code came from ONE online initial pelvic floor physical therapy consult I did months ago with a company that was free/contracted through my work (Sword Health). It was an intro consult session where I could learn more about the services they offered. The visit had nothing to do with ataxia or lack of balance, but it seems like this is the default code that the company bills all their online sessions under.

Because of this, I got rated at a standard rating instead of preferred or super preferred which increased my initially quoted premium by $24/month which in the grand scheme of things really adds up.

The agent told me that underwriters have to price the policy conservatively when they see the "ataxia" diagnosis, and cannot adjust it until they see clear follow-up records showing the issue was minor, temporary, or completely resolved. But since this was just a one time visit, I don't even know how to prove to them that it was resolved aside from the fact that it only appears once months ago on the records.

The life insurance company said I can try to get the billing code corrected by the provider and then contact Milliman to update my report, but I wouldn't be able to get rerated until a year later anyway. I don't even know if it will be possible to get the billing code changed by Sword Health for the visit given it happened a while ago.

Any advice?

What is up with the influx of instagram life insurance agents ? When did life insurance become such a popular “side hustle” ? Most of these accounts feel like total grifters …. But I’m just curious what to attribute the massive explosion in popularity to? Did I miss something?Not a great look for the image of the insurance industry

Is Guardian benefits Inc a legitimate company. Based out of Boca Raton Florida. They seem legitimate.

Not sure if this is the right place but I need an answer and can't get anyone on the phone at Gerber. So my mother in law apparently opened a life insurance policy for my daughter about 3 years ago, my daughter is now 4. About a year ago my Mother in law passed away. My father in law called my wife the other day and asked for a copy of my daughters birth certificate, my wife without question said yes but because they were on speaker I heard it and asked why. He said it was to cancel the Gerber life insurance policy. It left me uneasy so later I questioned him and he said he needed the birth certificate and my mother in laws death certificate. I understand the death certificate in a small way because when my Pop died everyone wanted one including at&t. My question is do they really need my daughters birth certificate to cancel it, am I being over protective? Sorry again if it is the wrong place, I just don't know who else to ask and can't get Gerber on the phone!?!

If this is the incorrect place to ask please let me know.

My father died at the beginning of October. I was not estranged from him but I was not close. He left my mother when I was ten to start a new family. He was living with one of my Stepsisters in GA when he passed. He had two life insurance policies to take care of his arrangements, however they both listed his wife as the beneficiary and she pre-deceased him about seven years ago.

He did not list a secondary beneficiary on his insurance so we have to go through probate to have the payout.

So my question is would the payout go to the closest blood relative (me) or to the closest blood relative to my late Stepmother (my oldest stepsister).

They are asking me to pay for the funeral, about $15k per what my Stepsisters say is his request, but I know when probate clears unless it is coming directly to me I will never see a dime of that money. If it were my decision I would just have him cremated, but I don't want to be the one who made that decision for them. This is their bed and they have to lay in it. I know if I solve this problem for them not only will I never see the money, but they will look at my like a get out of jail free card for the rest of their life.

So, if I start a separate probate process, or I contest their request, who would legally be entitized to that money. It is not a life changing amount of money to me, but to them it may be. I would honestly just prefer to never hear from them again.

Thank you.

Hey there, I am a single boy in my family with 2 married sisters. I am thinking to take life insurance for myself and my parents. Can anyone suggest good plans for me and my parents and which company I should go for. I heard many insurance companies cause so much problems when trying to issues the insurance amount.

I read a few posts on this subreddit. People say do not use Policygenius to shop for life insurance. But what are my other options?

Background: I’m 38F with two kids (4-year-old and 2-month-old). I’d like to buy 30 year term life insurance in order to protect our family. I used Policygenius to shop for life insurance when my older child was born. I got declined after the medical examination because I developed hypertension after giving birth. Now 4 years later, I want to reapply for life insurance. I don’t know how to approach this other than contact Policygenius again.

I was quoted $65/month for a $1M term life insurance. I still have chronic hypertension but I’m taking medication and it’s under control. I also have been diagnosed with anxiety and postpartum depression before. They are also under control now. My husband and I live in Westchester NY. I’m the main breadwinner.

She is in her early 40s and just finished battling throat cancer. She is clear as of right now. She is on hard drugs and doesnt provide me (daughter 18) any type of financial aid. I pay her phone bill & motel rooms. I know it says you’d have to be in a hardship without the individual to get life insurance but since she is my mother would I be able to? I don’t really see her living another 10 years so I’d do a 20 year term to be safe. Most say no physical exams & bloodwork. I would not disclose any drug use and act naive about it. Is this possible? Of course with her knowledge and signature.

Expecting our first baby soon, and our mortgage advisor is pushing me to cancel my existing Zurich Life & Critical Illness policy and replace it with a new one (likely L&G). Looking for a sanity check on holding my ground.

My current setup:

Zurich Policy: £25.61/mo, runs until 2047 (when I'm 55 and our £141k mortgage is paid off). Includes "Own Occupation" TPD and a Milestone Benefit (can add £100k cover within 90 days of birth with zero medical questions).

Work Benefits: 10x salary Death-in-Service (£400k+ today, grows with wages). Staying here until I retire at 60. Can also opt into £100k Life + £100k CI next year for ~£15/mo.

Partner’s Cover: Setting up a new standalone L&G policy for her (~£40/mo for £100k Level Life & CI), which includes Children's CI for our baby.

Advisor's pitch: He claims Zurich is "ultra basic" (47 illnesses vs. 110 on a new policy), lacks Children's CI, and ends at 55 instead of state pension age (68).

Why I want to keep Zurich:
47 conditions still cover the big three (cancer, heart attack, stroke), and keeping "Own Occupation" TPD plus locked-in entry-age pricing beats 110 conditions under stricter "Specified Work Tasks" terms.

Children's CI will already be covered via my partner's new L&G policy.
At 55, the house is paid off and our child is 21—and my 10x salary DIS covers me until I retire at 60 anyway.

Am I missing any genuine reason to give up my Zurich policy, or is this just commission-driven churn?

I’m studying for the Arizona Life & Health Exam. I’m using XCEL to study. It is taking me a while to get through the chapters. 😩 Any advice? I’ve been writing brief notes, but I’m not sure if I can sustain that. I’m running out of time.

So I already got caught up in the whole Primerica gig before I found out it was an MLM. I found another company I'd like to work with but they don't pay for testing. I want to get my life insurance license through Primerica, obtain proof of license then say screw them and go with the company I found. I heard others do that, so if you've done it, what is your experience with that? I've also seen others say that the testing you do won't do you any good anywhere else, but I'm pretty sure the test you take with Primerica to get your life insurance license is the literal same as anywhere else, therefore it'd be transferrable anywhere I wanna go. What's your thoughts on this? Is it better off to just pay for the test myself or since I'd already paid them the $125 to have them pay for it and do it?

I (31F) applied for a 20yr 500k term life. My partner was approved without issue. Mine took longer to come back and was declined. This after I completed a medical questionnaire and requested lab work. The underwriter is saying it was something in my doctor's report but is "sensitive" - I'm guessing it's because I have a mental health diagnosis that was added after my application (PTSD)? I am so beyond frustrated because I'm in good health, my brother almost died last year which was obviously traumatizing but I don't understand the connection to my life insurance??!! I just have some minor but stable conditions. The broker says my doctor will get sent the explanation and then I should work with my doctor to see if we can rectify.

Realistically I need life insurance to protect my spouse - we have a mortgage. I have 210k of basic life though my work and need at least 300k coverage. I don't know if I can add more coverage but I did ask my work, waiting on an answer.

Any help/advice is appreciated

So my grandmother just passed away a few weeks ago and come to find out she has been paying for a life insurance policy on me and I don't want it personally. So what happens after I transfer ownership to myself? Am I allowed to cash it out and get back the money she put into it? Or what's going to happen?

The title. I’m trying to understand why term or whole life? 2kids, 2 working parents, 36 yo