I was 24 when I purchased my first home and the Royal Bank of Canada (RBC) required me to purchase life insurance to cover the value of the home before they would advance me my mortgage. I decided to go with the cheapest life insurance policy available - Preferred Term 10. I was covered for $250,000. I could've gotten more covereage but elected not to due to the fact that we didn't want...

I purchase life insurance form Metlife when I had my first child and with every new baby since then I have increased my life insurance to include every child. My wife also has her own life insurance policy with Metlife.I currently have coverage for two million dollars, and I only pay two thousand six hundred dollars per year for my premium, which I pay once a year. Metlife offers me many differ...

When I had my first heart attack, I became painfully aware of the immortality of life.  Then I had another heart attack.  Then, soon after, I was then diagnosed with Multiple Sclerosis.  These events took place over the course of just one year.  My would turned upside down.I, finally, became aware that life does not hold any guarantees.  As sure as I awoke this morning,...

This review is dedicated to my Dad.  About 32 years ago when he thought my mom would outlive him he took out a $5000.00 life insurance policy to cover his funeral costs so my mom wouldn't have to worry about that expense.  Little did he know he would outlive her by 12 years.  When my mom passed away in 1995 he asked me to take care of his bills as I was the oldest.  He t...

Getting life insurance for a child is very hard for any parent. It is definitely something that no one wants to think about when you are enjoying each moment with a newborn or toddler. I had thought about getting this plan for my daughter but put it off for a while. When I finally went to the website to read about the coverage, I decided it was time to purchase the insurance.  I signed up ...

My husband has life insurance provided by his employer, but we consider it insufficient, so we did some research and chose to buy our own term life insurance through Select Quote Insurance Services. When we contacted Select Quote, they were very knowledgeable, professional, and quick to act. They had given us a quote of $80 per month for a $1,000,000 coverage; the price would be locked in for 3...

This policy is a tie up between Philam Insurance and HSBC. The offer covers me and my husband against accidental death and disablement, 24 hours a day, anywhere in the world. A hefty P900,000.00 (pesos) will be given  as a Lump Sum Benefit for Accidental Death and Permanent Total Disablement. In addition to that, a fixed monthly income benefit amounting to P35,000.00 (pesos) per month for ...

Years ago my mother took out life insurance polices on both my children. Upon her death a year ago, I became the owner of these polices. Then, 6 months ago , I got re-married and moved. How dare I do this, it caused so many problems! I called United of Omaha customer services. My call was answered on the first try and I did not have to endure any of that your-call-is-important-to-us stuff, I wa...

When we moved into our new house, we decided to buy life insurance policies for each of us.  Our plan was to have enough insurance to pay off our mortgage in case one of us met with an untimely death.  We didn't have any problem getting insured, except the policy wouldn't cover my husband if he died while flying a helicopter.  You might say, "So what?  How many ...

When my husband had the opprtunity to take up a policy with Aflac, we decided to sit down and look over the information.  We both had seen the commericals on t.v. with the cute little ducky but, did not really know much about what they had to offer.  He met with a representive from the compay at work one day and brought home information for us to look over togather.  After carefu...

When purchsing our second home, my husband I decided that we were in need of a good life insurance policy that would be able to pay off the remaining amount of mortgage and help the kids through college/university and any additional living expenses; just in case something happened to either of us. We sought out a financial advisor/insurance broker that was recommended by a friend of ours who si...

We have had Ameriprise Financial Term Life Insurance for well over 15 years and have never had any problems with the company.  My husband and I are still living, so of course we haven't been able to collect on the policy yet, so I can't say what kind of service they give on claim processing, but other than that we have had great service.  We did have to answer health questions...

For a meager $18 per month our entire family is covered in the event that any of us should meet with an accidental death.  For each of our children, the policy will pay $25,000 which really is basically enough to take care of funeral expenses but in my opinion, a parent really shouldn't "profit" from the death of a child and we really took this policy out so that our children...

You may have $1000 of accidental life insurance and not know it!This is a story... just a warning for those of you who don’t like long explanations, but there IS a product review in here.  I have $2000 accidental life coverage that I did not even know about!I received a notice in the mail a couple of weeks ago from my Chase Credit Card (Amazon Visa).  It said that I already had ...

After our first son was born my husband and I decided that it would be a good idea to get some life insurance. At the time we both had some life insurance through our employers, but it was very minimal. My husband had always had his automobile insurance through Allstate Insurance so we went to them for our Life Insurance. We decided on the a 30 year Term Life Insurance policy. We got a $100,000...

Okay I am about to bash a company based on one representative. I have life insurance with London Life. I will tell you know I hate dealing with this company. I havent changed yet as my husband wants to change too but we both feel that we really need to do some  more research as too what is out there. And what other companies can offer us. Our childrens life insurance is almost paid for in ...

One way to have life insurance coverage is through your employer.  If you have a great employer, this will be one of your benefits and no charge to you.  Luckily, I have such an employer.For the past 20 years I have had life insurance and accidental death and dismemberment coverage.  The life insurance policy is for $60,000.00 which doubles to $120,000.00 if my death is...

Back in the 80s when I was in grad school, I was an Assistant Instructor (not the same as a teaching assistant!) and taught English as a Second Language for three years. One of the benefits was getting $100,000 in life insurance at a ridiculously low price, as well as a "pension" through CREF (college retirement equity fund, I think... it's been a while).My initial premiums were a...

When life hands you a lesson, learning from it is a wise investment for the future.  When we were younger we rarely considered protecting any of our loans or credit cards, lines of credit etc.,  with Life Insurance, Disability or Income Loss Insurance.  The only insurance protection we carried was for mortgage protection,  but in 93 that mindset changed when I became disable...

When we travelled from India to Switzerland, our company provided a free one month insurance of Mayfair. The day we reached here, my son and I got sick and kept going to hospitals every now and then. We didn't have any insurance card and so we used to carry the printout provided by our company which had the Mayfair id. But then all bills were promptly sent to our home address asking us to s...