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	<title>Answers for InsuranceLibrary.comAlma Hesterberg - Owner - Alma L Hesterberg &amp; Associates</title>
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		<title>Answer on How Does Smoking Affect Life Insurance Rates? by Alma Hesterberg</title>
		<link>https://www.insurancelibrary.com/life-insurance/how-does-smoking-affect-life-insurance-rates#answer_3469</link>
		<dc:creator>Alma Hesterberg</dc:creator>
		<pubDate>Sun, 12 May 2013 03:13:15 +0000</pubDate>
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		<description><![CDATA[Smokers are considered a health risk and unfortunately will always pay a higher premium.  The serious health conditions that are associated with smoking means smokers have a shorter life expectancy. If one is a smoker the best course of action would be to seek some type of smoking cessation program. One small word of advice; if your option is the electronic cigarette this will show up in the para-meds as nicotine usage.  In some cases it will afford you a lower premium however your rating class with most insurance companies will be listed as smoker.]]></description>
		<content:encoded><![CDATA[Smokers are considered a health risk and unfortunately will always pay a higher premium.  The serious health conditions that are associated with smoking means smokers have a shorter life expectancy. If one is a smoker the best course of action would be to seek some type of smoking cessation program. One small word of advice; if your option is the electronic cigarette this will show up in the para-meds as nicotine usage.  In some cases it will afford you a lower premium however your rating class with most insurance companies will be listed as smoker.]]></content:encoded>
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		<title>Answer on What Is A Graded Benefit Whole Life Insurance? by Alma Hesterberg</title>
		<link>https://www.insurancelibrary.com/life-insurance/what-is-a-graded-benefit-whole-life-insurance#answer_3468</link>
		<dc:creator>Alma Hesterberg</dc:creator>
		<pubDate>Sun, 12 May 2013 02:53:29 +0000</pubDate>
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		<description><![CDATA[Graded whole life policies are designed to allow a person who would otherwise be turned for traditional whole life insurance due to existising health conditions to purchase a whole life policy.  They are usually offered and purchased as a small final expense policy. Because the policy is graded you won&#039;t receive full benefits for the first couple years. Benefits are limited to the premiums paid in plus and interest factor that is determined by the insurance company and this can vary depending on the insurance provider. Once a policy holder is past the first two to three years full benefits would be paid to the beneficiary.]]></description>
		<content:encoded><![CDATA[Graded whole life policies are designed to allow a person who would otherwise be turned for traditional whole life insurance due to existising health conditions to purchase a whole life policy.  They are usually offered and purchased as a small final expense policy. Because the policy is graded you won't receive full benefits for the first couple years. Benefits are limited to the premiums paid in plus and interest factor that is determined by the insurance company and this can vary depending on the insurance provider. Once a policy holder is past the first two to three years full benefits would be paid to the beneficiary.]]></content:encoded>
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		<title>Answer on What Is Life Insurance Wrapper? by Alma Hesterberg</title>
		<link>https://www.insurancelibrary.com/life-insurance/what-is-life-insurance-wrapper#answer_3464</link>
		<dc:creator>Alma Hesterberg</dc:creator>
		<pubDate>Sun, 12 May 2013 02:30:37 +0000</pubDate>
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		<description><![CDATA[A life insurance wrapper for all intent and purposes is a structured investment tool which combines investments in funds and life insurance. The insurance wrapper allows the policy holder a choice of which funds they wish to invest in. In lieu of paying premiums the policyholder would pay the assets or funds that he chooses. Since the assets or funds are already paid to the insurance company they would not be attachable by creditors since they would not be considered the policy holders assets and therefor the policy holder would be 100% protected.
]]></description>
		<content:encoded><![CDATA[A life insurance wrapper for all intent and purposes is a structured investment tool which combines investments in funds and life insurance. The insurance wrapper allows the policy holder a choice of which funds they wish to invest in. In lieu of paying premiums the policyholder would pay the assets or funds that he chooses. Since the assets or funds are already paid to the insurance company they would not be attachable by creditors since they would not be considered the policy holders assets and therefor the policy holder would be 100% protected.
]]></content:encoded>
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		<title>Answer on Why Would You Buy Whole Life Insurance? by Alma Hesterberg</title>
		<link>https://www.insurancelibrary.com/life-insurance/why-would-you-buy-whole-life-insurance#answer_3085</link>
		<dc:creator>Alma Hesterberg</dc:creator>
		<pubDate>Thu, 09 May 2013 01:42:52 +0000</pubDate>
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		<description><![CDATA[Whole Life Insurance is an excellent choice for Seniors looking for relatively small policies that will cover their final expense needs; usually 15 to 25 thousand in coverage. Depending on the company these policies can offer some nice options such as grandchildren riders and of course since the policy is a whole life is builds cash value.]]></description>
		<content:encoded><![CDATA[Whole Life Insurance is an excellent choice for Seniors looking for relatively small policies that will cover their final expense needs; usually 15 to 25 thousand in coverage. Depending on the company these policies can offer some nice options such as grandchildren riders and of course since the policy is a whole life is builds cash value.]]></content:encoded>
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