How to Buy Life Insurance
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How to Buy Life Insurance
What protection does Life Insurance provide?
Who needs Life Insurance?
What is the death benefit?
Is there Federal Income Tax on life insurance?
What questions should I ask to determine if I need Life Insurance?
How much Life Insurance do I need?
I'm a stay at home parent, do I need Life Insurance?
Is there more than one kind of Life Insurance policy I can buy?
When should I buy Life Insurance?
What are the kinds of Life Insurance I can buy?
What are whole-life policies?
What are universal life policies?
What are variable life and variable universal life policies?
What is term insurance?
What is the most expensive type of Life Insurance?
How long should I buy Life Insurance for?
How does health factor into my coverage and cost?
Can I get away with not telling the Insurance Company something that may affect my health coverage?
How do I choose the right insurance company to buy from?
Who should I make my beneficiary?
What is involved in the application process?
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American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
How to Buy Life Insurance
Bob Ley, Vice President of Sales with AIG, introduces the series and explains why life insurance is important.
Transcripts
Bob Ley: Hello, my name is Bob Ley and I am Vice-President of Sales with AIG American General. The purpose of this video is to help you make an informed decision when you are considering the purchase of Life Insurance. I think you will find this video helpful. Host: What is Life Insurance?
Bob Ley: Life Insurance I st only financial product that creates an immediate estate in the event of your death, usually, for pennies on the dollar. Life Insurance provides protection on your life and is usually used to replace your income and provide money for your family to continue life on the matter to which they have become accustomed. It is a contract with an Insurance Company with a promise to pay following your demise.
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