Molly Shannon - Life Insurance Awareness Month 2007

i agree. life insurance is trully necessary for all families but it is very important to know what exactly it is that it covers and if the beneficiaries will really get ALL the money promised by the agent. Agents lie. Read the policies!

Everyone should have life insurance, it's not a joke.

Unless your insurance is with aig?
lol

Luckily that's incorrect. Anyone with an insurance policy or annuity with AIG should have nothing to worry about. Insurance is a highly regulated industry. All insurance companies doing business in the United States are regulated by state law and required to maintain enough capital and surplus to satisfy their obligations to their policy holders. You may want to read the LIFE Foundation blog and the latest entry on the subject.

Pardon my statement there-but that was more of a joke. My concern with aig is more on 2 different realms 1) what it's affect is having on the economy and all the investments of those who "live on" and the fact that the government bail out means that technically the company has a new government majority owner taking us down an unconstitutional road of socialism with the government being the true owner of an American Company.

I'm sorry to point this out, but there is a lot more to it. Quite a few people use it for retirement too. There is actually so much you can do.

I hope that you are not an agent, Using the word "retirement" Cash Value, Whole Life, or Permanent Life to a client is a big no no. As for me, I would never buy a cash value policy, as they are horrible savings vehicles. Even if they build their full value, and you live to see the cash value endow-it would still be inadequate for retirement.

The type of life insurance that is right for one person may not be right for another. It all depends on your unique financial goals and circumstances. At the LIFE Foundation, were product neutral and dont favor one product over another. However, we think it would be a mistake to rule out an entire category of life insurance. Our best advice is to do some homework prior to making a purchase. Its an important decision, so you want it to be a highly informed one.

Still, I am having you commited.
I hadn't read this before and now, guess what?
It's too late.

Dude...

Money is worth more than life to you???

I am personally having you commited.
Shh, no. No. I filled out the forms already. It's gonna happen. Yer off to Happy Farm.