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	<title>New answer on: What Are Some Questions To Ask When Purchasing Life Insurance?</title>

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		<title>By: Steve Savant</title>

		<link>http://insurancelibrary.com/life-insurance/what-are-some-questions-to-ask-when-purchasing-life-insurance</link>

		<dc:creator>Steve Savant</dc:creator>

		<pubDate>Fri, 13 Sep 2013 14:46:06 +0000</pubDate>

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		<description><![CDATA[A company&#039;s claims paying ability is very important. Several rating services monitor the financial strength of insurance companies. The policy has contractual provisions, but the proposal that&#039;s used for sales purposes is based on current company practice. Life insurance is sold in two formats: temporary and permanent. Establishing your coverage period is import, so make sure you are aware of the policy&#039;s time line.]]></description>

		

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		<title>By: Peggy Mace</title>

		<link>http://insurancelibrary.com/life-insurance/what-are-some-questions-to-ask-when-purchasing-life-insurance</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Wed, 28 Aug 2013 19:27:27 +0000</pubDate>

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		<description><![CDATA[Some questions to ask when purchasing life insurance are:

1) What is the rating of the company?

2) How long is the premium guaranteed not to go up?

3) Will the death benefit stay the same for the entire length of the policy?

4) If the policy is permanent, ask for an illustration to show projected future cash values and guarantees.

5) If term, ask what options you have at the end of the term (and is it convertible before the end of the term). About what will that cost?

6) Is there a waiting period (graded period)?






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