Insurance

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Jeff H asked:


My Dad died in July. I now find that he had a few annuity policies. Most insurance that I have seen have a declairation page. These do not have such a page. Is this normal?
The insurance companies are well rated companies.

Is it possible that he bought these and failed to select a payout option?

Please feel free to add any comments on what I need to find in the policies themselves.

Which payout rate or plan is usually best?

The money from these policies will go to my Mom. I do not want a dime from them unless she passes on before we get the insurance co to pay her.

Danielle L asked:


Do I qualify for a medical billing job? I heard it might be so…

Brandon asked:


a. always pays out more than it costs.

b. helps people accumulate funds during life.

c. systematically liquidates a fund during life.

d. always costs more than it pays out.

mrscaintex asked:


With all the problems with the financial institutions can it affect annuities? More specifically if the annuity is issued through an insurance company?

askyahoo338 asked:


some offer insurance at the end, what is the downside compared to investing the same amt of money in the stock market?