Insurance Questions and Answers

What is the best Life Insurance company?

Prefferably one where the worth does not go down next to age. Thanks!


Answers: If you are getting a multi-year policy, you want to choose a company with a thoroughly solid financial rating. (If the company folds, you have effectively lost your insirance.)

The best bet for shopping around is to find an online broker -- the with the sole purpose one I know is insure.com, but surely there are others. (I really like Quotesmith, but they aren't around any more.)
They will tell you the A M Best financial rating of respectively company they provide quotes for.

For life insurance, you most probably want a horizontal term policy unless you are greatly wealthy. You should do your homework first -- determine how much insurance and for how long you call for it before you do much shopping.
There is no best insurance company surrounded by all areas. There are, within fact, tons strong companies out there. I would look for the best fit to your problem first. If you later rank the companies according to price, I'm sure you will see a strong company will be surrounded by the top five.

Also, since you are shopping for permanent go insurance, make sure you work out the difference between a contractual guarantee and company speculation.

Anyone knows how much it costs to have a will made by a lawyer in Singapore?




Answers: It can cost u up to S$1000 if you approach a lawyer to draft a will. In fact, you can actually get it done online thru' a qualified persons, i.e. a solicitors. And the cost is so much cheaper of about S$150 to S$180.
Try make a search via Yahoo by entered "wills".
you can check with any law firm about the cost, you can find list of law and legal services on this local Sg website 88db, call them up and make enquiries on their charges.good luck

Life insurance question??

A co-worker of mine mentioned his uncle has be declared missing(has been missing for almost 2 weeks now). I guess he be hiking somewhere near the Rocky's and never come back that time. Since no one is competent to find him, and many believe he is insensible, how is his wife and kids going to support themselves? Will his life insurance solely come through once his body is found and confirmed dead?


Answers: Once he's declared justifiably dead and a disappearance certificate is issued, they can directory a claim. Meanwhile, they have to hold paying on the life insurance.

Generally, you enjoy to be missing for YEARS before you can be rightfully declared dead.
don't count your chickens on the other hand
it will be years before his wife can claim his existence insurance

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