How do life insurance companies make money?

admin — Fri, 16 Jul 2010 17:22:17 +0000

I mean, there’s not really an ideal customer. Everyone’s gonna die.

I did the math for my life insurance. I’m 22. I’m young, healthy, and I don’t smoke. I have a $20,000 life insurance policy that I pay $10 a month for. Even if I live for another 70 years, I’m only going to pay them $8400, meaning that they’re going to lose $11,600.

How do these companies stay in business?

Basically what these life insurance companies do is they invest 70% of your money in stable or govt. related funds and projects. Then they invest in gold. Also they give out your money to people as loans. Thus they earn a fat premium of the money that you give them.

Life Insurance Companies at risk?

admin — Fri, 16 Jul 2010 17:17:42 +0000

In this update on the current concerns about life insurance company and annuity market security, Mark Wahlstrom, host of The Settlement Channel discusses the over blown media coverage that has raised unreasonable fears. While people and advisors need to be reasonably cautious about life insurance company ratings, the fact is that most of the news surrounding life companies and annuities is related to earnings issues and potential ratings downgrades and not an issue related to solvency. Learn the facts about life insurance annuity solvency and protect your annuity or insurance contract. The news isn’t as bad as they say but you need to be aware and careful.

Duration : 0:10:48

Technorati Tags: AIG, annuity, Genworth, hartford, Insurance, law, legal, Life, Met, wahlstrom

Insurance Companies » insurance companies life

How do life insurance companies make money?

Life Insurance Companies at risk?