I have a million dollar 20yr fixed policy that I pay around $90/month for. My brother, a CFA for UBS, and a licensed insurance agent set it up. I'm happy to pass along your info if you want. A lot depends on your age, your habits, medical history, and what you do for a living. Things that will either keep you from getting insured or give you higher rates are flying a plane, climbing towers, doing any kind of work at height (like iron workers), etc. Life insurance companies don't get rich off insuring high risk people.
On Tue, Jul 11, 2017 at 8:15 AM, Travis Johnson <[email protected]> wrote: > Hi, > > We obtained 10 year term policies about 5 years ago. I have a $3 million > policy and I pay $978 per year. > > Travis > > > > On 7/10/2017 9:37 PM, Jeremy wrote: > >> Anyone want to share what company they are using for life insurance, and >> what type of plan and/or rates, either on or off-list? I have been >> shopping around and these policies are crazy. Hard to believe anyone would >> sign these. >> >> Whole life is at the whim of the market, and you can lose it all. Term >> policies even on a fixed term, say 30 years, claim that the payments >> "remain level" for the 30 -year term but then they say in the fine print >> that they can change the rate at anytime up to the maximum ($230,000 per >> year). There has to be a more solid and less wishy-washy policy out there >> with a locked in rate, right? Are they all giving themselves the ability >> to make it whatever they want at anytime in the fine print? >> > >
