Reader’s Question: I’ve been a smoker for a long time and am planning to quit soon. I’m also looking forward to getting smoker life insurance. Will quitting get me a cheap insurance policy? Zack Greenwhich, CT Quitting smoking is perhaps the best thing you can do for yourself right this very moment, second to which [...]

Reader’s Question: If I don’t tell my insurer that I am smoking, would the insurance company in Hartford, know about it? Will anything happen to me if I lie about my smoking? Erwin Hartford, CT Smokers are considered an insurance risk because they pose high risks for health problems compared with non-smokers. Smoking cause serious [...]

Reader’s Question: I heard that universal life insurance is sort of expensive here at Las Vegas, Nevada my area. Is there an affordable universal life insurance considering its flexible premium? Lloyd Las Vegas, NV A good one you got here. Actually universal life insurance is more expensive than term life insurance. Considering the various insurance [...]

Reader’s Question: What is the difference between whole and universal life insurance? And which one’s better here in Joliet, Illinois? Allan Joliet, IL By definition, they are similar as permanent types of insurance policies but differ in coverage. The former provides lifetime coverage for the insured, death benefits, and carries guaranteed cash amounts with which [...]

Reader’s Question: Since I am planning to buy my own life insurance, I’d like to ask what are the benefits of getting a universal life insurance policy? Lovely Hillsboro, OR A universal life policy can be atoned to a fusion between a term life and a tax-deferred interest accruing savings account. In buying one, a [...]