1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The best value is the policy that pays a death benefit.  The type of insurance that will most likely end in a death claim is a permanent policy.  For the money, permanent insurance is the best buy when it ends in a death claim.  Many cannot afford permanent insurance and may have temporary needs.  For these folks the best protection is to have adequate coverage with a term policy that goes beyond the time that they think that they will require the coverage.
    Answered on September 3, 2014
  2. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is a great question, and one I get a lot! I think there are a lot of people that assume that life insurance is a "one size fits all" kind of product, and thus has a relatively similar price range. The truth is that it really is more like a tailored jacket - sized to fit you specifically. The things that go into setting the price for your policy are based upon your age, sex, smoking preference, health history, occupation, prescription history, and weight, just for starters. That isn't even considering the amount, and type of life insurance that you want. So finding the "best value" comes down to knowing how to select the best company financially capable of paying your claim when the time comes, and offering the best price for your circumstances until then. A good independent agent (one not tied to a specific brand name) can help you find that best value policy . Drop me a line if you need help, okay? Thanks for asking!
    Answered on September 3, 2014
  3. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    For most people I highly recommend a life insurance product called EIUL. Equity Indexed Universal Life. It provides cash value. With EIUL sold by Premier Financial Alliance, it also provides full living benefits, covering chronic, critical and terminal care. It allows you to cover any of those ailments, and not have to die to collect your money. Yet it continues too provide a death benefit when you pass, reduced by cash used. Because it is tied to the market, the cash value increases dramatically higher than typical Whole Life, yet it will NEVER lose value due to market crashes. The best of both! See your PFA agent. It is written by National Life Group, one of the oldest companies in America. GARY LANE. garylane@cox.net. 714 422 9616. Thank you.
    Answered on April 4, 2015
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