| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 552.1 | Primerica | NEMAIL::MARKSD | | Tue Aug 17 1993 18:12 | 4 |
| ooops it's Primerica not All America.
Donna
|
| 552.2 | Universal Life?? | ARNOLD::ECK | | Tue Aug 17 1993 19:25 | 7 |
| What I think you have been approached to buy is called Universal Life.
It is a combination of term life insurance and mutual fund investments.
Beware of guaranteed returns (if any in the mutual fund) and projected
returns which tend to be very optimistic. Not knowing your specific
situation it's tough to recommend one type of policy over another, but
your may want to consider a Term insurance policy and seperately
consider a no-load mutual fund.
|
| 552.3 | confusing | NEMAIL::MARKSD | | Tue Aug 17 1993 19:51 | 8 |
| Actually what I have now is an universal life and what
I believe was being offered was a term policy with the
mutual fund investment.
I haven't heard the whole presentation. This is all so
confusing.
Donna
|
| 552.4 | Variable Life | USCTR1::BJORGENSEN | | Tue Aug 17 1993 20:37 | 8 |
| I have a "variable" life with the Equitable. What you are talking
about sounds similar. I have eight different investment vehicles
to choose from that ranged from 3% to 31% return last year. The
interest is tax deferred.
READ and UNDERSTAND all the material before you make any decisions.
There are often surrender clauses, etc.
|
| 552.5 | | ZENDIA::SCHOTT | | Tue Aug 17 1993 20:43 | 1 |
| Primerica only sells term insurance. (and Mutual Funds too).
|
| 552.6 | | WOODRO::CHEN | | Tue Aug 17 1993 21:07 | 6 |
| I never directly delt with Primerica. But, from the very little I know
about them, their term life insurance policies seem to be very
competitive. If you don't have term life yet, it may be worth looking
into.
Mike
|
| 552.7 | A.L. WILLIAMS | GRANPA::FTAUBENKRAUT | | Wed Aug 18 1993 01:18 | 9 |
| WHENEVER PRIMERICA CALLS IN MY AREA IT IS THE OLD "A.L. WILLIAMS".
TYPICALLY THEY PUSH 20 YR TERM. THEY LIKE TO TAKE A UNIVERSAL/WHOLE
LIFE POLICY AND SWITCH IT TO TERM AND INVEST THE DIFFERENCE IN MUTUAL
FUNDS. NOT EVERYBODY NEEDS 20 YEARS... SO IF YOU ARE LOOKING AT TERM
SHOP AROUND. THERE IS AN OUTFIT IN CA. THAT GETS YOU THE BEST RATES
OVER THE U.S. 1-800-BUY-TERM. I'VE USED THEM TO SEE HOW GOOD A DEAL
I'VE COME UP WITH. NO PRESSURE SALES!!!!
FT
|
| 552.8 | | ZENDIA::SCHOTT | | Wed Aug 18 1993 14:22 | 3 |
| check the July Consumer reports issue. It has life insurance
stuff in it. specifically an article on - Primerica -The King of Term.
|
| 552.9 | consumer report | NEMAIL::MARKSD | | Wed Aug 18 1993 14:44 | 3 |
| Where do I get the consumer report for July.
Donna
|
| 552.10 | | MIMS::HOOD_R | | Wed Aug 18 1993 14:47 | 6 |
|
Your local library?
doug
|