Comments on: What If Your Life Insurance Company Goes Bankrupt?

By: What Is Term Life Insurance? - Amateur Asset Allocator

What Is Term Life Insurance? - Amateur Asset Allocator — Tue, 17 Mar 2009 13:03:48 +0000

[...] A term life insurance policy is simply a contract between the underwritten (you) and an insurance company with a set term (often 20 years), a set monthly premium, and a set death benefit to be paid out in the event the underwritten individual dies prematurely. After the set period of time has elapsed, you generally have the option of either dropping the policy or pay annually-increasing premiums to continue the coverage. Additionally, there are state and federal guarantees in place to protect your coverage in case your life insurance company goes bankrupt. [...]

By: Insurance agent

Insurance agent — Sat, 01 Nov 2008 14:33:17 +0000

I agree that the risk of complete loss is minimal. Life insurance industry isn’t the industry which is afraid of temporary crises (hope it is softens in nearest future)

By: Weekend Link Love And Carnival Roundup | Amateur Asset Allocator

Weekend Link Love And Carnival Roundup | Amateur Asset Allocator — Sat, 18 Oct 2008 17:48:07 +0000

[...] thanks to Lisa at Greener Pastures for including my post What If Your Life Insurance Policy Goes Bankrupt in this weeks Carnival of Personal Finance: Columbus Day Edition. Here are a few of the posts I [...]

By: Carnival of Personal Finance #174 - The Columbus Day Edition | Greener Pastures: Personal Finance

Mon, 13 Oct 2008 14:07:30 +0000

[...] from Amateur Asset Allocator presents What If Your Life Insurance Company Goes Bankrupt?, and says, “While the risk of losing all your life insurance benefits due to an insurance [...]

By: Curt

Curt — Thu, 09 Oct 2008 20:31:12 +0000

Hey, it’s hard enough paying the bills while alive – and now we have to worry about paying the bills when were dead. I guess this is probably a bad time to die. I’ll have to wait a few years for the market to recover.