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  1. V

    Do rates spike at certain ages, or is it simply a case of get it done ASAP because your rates will go up as you age?

    @hopelesslysaved No. Rates don’t spike at a certain point. They begin to go up more steeply as you age, but it’s not like they go up $1 one year and the next $100. However - it IS a good idea to get some life insurance in place while young and before you “need” it. I’ve sold life insurance...
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    I just can’t catch a break y’all

    @erikplatte You’ll be tobacco rated with whoever unless it’s less than 2 times a month or similar. Not sure who’s best for that.
  3. V

    I just can’t catch a break y’all

    @markster7 Agent here - Find a broker, explain your situation, and let them help point you to a company that rates your situation favorably as possible. Ask what carriers they write through - should be at least 5-6 (preferably more but 5 that have different appetites really should be...
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    Life insurance companies that allow the insured to set up payout structure?

    @zakk Most life insurance policies, allow the beneficiary to choose from various number of payout options. Like the others have said, if you want to determine how it’s paid out, you set up a trust that outlines exactly how you want the monies distributed in handled and assign a trustee to...
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    Do they make life insurance complicated for a reason?

    @teey Get a term policy - super uncomplex and inexpensive. 10ish times your income. It’ll be cheap. Work other financial goals, debt pay down, Ira/roth, college, etc. Then, if you’ve done all of that AND make 250k+ then, not before, you can consider a life policy that has a return. Good luck...
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