CD Type Annuities

I currently have a $300,000 Adjustable Life Insurance policy and want to convert it to a $300,000 20 Year Term. Can I do this or will I have to surrender the policy and start a new policy? I checked my life policy and there is nothing mentioned about any type of conversion. Just curious about everyone’s thoughts.

I want to keep the cash value invested, and would like to reduce the amount of penalty’s that would be levied against it. I have done numerous studing on the topic and have realized that this was a mistake and i got taken. I’ve been funding it for a little over a year and have about a thousand dollars in the cash value. The surrender period is ten years. I’ve heard it is a good idea to role it over in a 1035 exchange into a variable annuity with the same company to reduce the fee’s. Help????

I recently started a home internet based business. When I was just starting out I went without insurance for a while. Now that things are going well I would like to buy a life insurance policy.

There are a ton of life insurance sites, but most of them seem biased or focused on an individual provider. Where can I find a good life insurance quote site that is unbiased or gives me quotes from a wide array of services?

Also, are there any good tips for saving money buying life insurance for small business owners?

I have seen around the internet that the maximum term life insurance policy allowed for a person in their 20s is usually 20 times their income. However, I was wondering if there are any policies that take into account the combined household income. If a husband and wife both make $40,000 a year, are they entitled to a policy that is based on $80,000 of combined income, or are all policies handled on an individual basis?

I want access to my investment and I want to pass funds on to my son when I die.

I just receive life insurance settlement it was put in a total control account @ 1.5 interest how much interest per month would 17,000 dollars bring per month?

We are about to divorce (he is committing adultery) and I am concerned that my husband does not want me to have any of ‘his’ pension. We have been married for 20 years, 4 children, I gave up my career to look after them, am now 51 , can’t easily get back on the career ladder and have no pension of my own. His pension could be very good, terminal bonuses and 10% GAR. He was considering a joint life annuity, including me as a financial dependent as he will be paying maintenance. But he has heard from Scottish Widows that if he does this he loses the good GAR and he is now unwilling to give me anything. Does anyone know whether Scottish Widows is still likely to pay out god terminal bonuses, despite Gordon Brown and having been demutualised and taken over by Lloyds TSB ? Would he lose his GAR if he were to include me in a joint annuity? How do divorce courts view pensions now ? anything else I should be thinking about? 3 of my children are still at home with me , 2 aged under 16.

What would be the cheapest term life insurance policy available?

If the cost of insurance on the dividend option term rider is higher then the monthly premium being paid. What happens to the term insurance portion of the whole life policy at that time? I have this rider now on my whole life policy to maximize my death benefit at the lowest cost but I’m thinking that either I will have to pay more premium if the cost goes up or I have to drop the rider.

I am back to work full time and on a blood thinning medication

I’m looking for a term policy, one-year, increasing-premium, renewable. The companies I’ve contacted so far offer nothing that’s even close.

Whats the deal with them?