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Posted: Sun Oct 26, 2008 2:16 pm Post subject:

OHHH I never knew that. That is kind of bull crap.. I mean thats stupid to tax someone for this kind of thing. A person tries to look out for their loved ones in case something would happen to them and not be a burden and then they tax ....RIDICULOUS!!!!!!

fireyone

Senior member

Joined: 07 Jan 2008
Posts: 1988

0.00 Dollars($)

Posted: Sun Oct 26, 2008 5:01 pm Post subject:

There aren't any taxes on proceeds from a Life Insurance policy. _________________ Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. - Ferris Bueller

LifeIsGood

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Joined: 22 Sep 2008
Posts: 584

1.09 Dollars($)

Posted: Mon Oct 27, 2008 9:21 am Post subject:

Quote:

That is kind of bull crap..

you ain't a kiddin' it is and what my grandma said, only she's never say 'bull' or 'crap' Wink

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Life gaurantees a chance NOT a fair shake
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FIND a way EVERY day to lighten the load of another
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Lori

Moderator

Joined: 10 Sep 2007
Posts: 6810

Location: Missouri
44.09 Dollars($)

Posted: Mon Oct 27, 2008 2:02 pm Post subject: FE

Nice points from everybody but one thing FE is a great product for a person who only wants 3k-10k for there funeral. A 25k policy is more for there family and then I would look into a 100k policy. But you have to remember you don't have a medial UW with FE. You just have to answer 4 questions and with the policy I have everything is done over the phone. I had a coworker who husband just pasted and she now has to pay 3k for no bells and whistles out of her own pocket. There are upsides to FE and one being its cheap and over the phone. I am also looking for agents that might be interested in selling a FE product. Let me know if you want more info.

Mcampbell

New member

Joined: 24 Oct 2008
Posts: 47

14.87 Dollars($)

Posted: Mon Oct 27, 2008 2:25 pm Post subject:

you ought to try and get some funeral homes to push this one for you. _________________ ************************************ Life gaurantees a chance NOT a fair shake ********************************** FIND a way EVERY day to lighten the load of another ************************************

Lori

Moderator

Joined: 10 Sep 2007
Posts: 6810

Location: Missouri
44.09 Dollars($)

Posted: Mon Oct 27, 2008 2:34 pm Post subject: FE

Not a bad idea. I might do that.

Mcampbell

New member

Joined: 24 Oct 2008
Posts: 47

14.87 Dollars($)

Posted: Mon Oct 27, 2008 2:40 pm Post subject:

Funeral Homes dont sell FE, They sell pre-need, a very different product. Scott

psrayburn

New member

Joined: 22 Oct 2008
Posts: 31

11.99 Dollars($)

Posted: Mon Oct 27, 2008 2:43 pm Post subject: FE

Thanks Scott I wasn't aware of that.

Mcampbell

New member

Joined: 24 Oct 2008
Posts: 47

14.87 Dollars($)

Posted: Mon Oct 27, 2008 2:54 pm Post subject:

Quote:

Funeral Homes dont sell FE, They sell pre-need, a very different product

I know that Scott, but they could also sell this....two options are always better than one ya' know.
_________________
**************************************
Life gaurantees a chance NOT a fair shake
**************************************
FIND a way EVERY day to lighten the load of another
**************************************

Lori

Moderator

Joined: 10 Sep 2007
Posts: 6810

Location: Missouri
44.09 Dollars($)

Posted: Mon Oct 27, 2008 2:56 pm Post subject: FE

What type of insurance do you guys sell if you don't mind me asking. I am new to the game of insurance.

Mcampbell

New member

Joined: 24 Oct 2008
Posts: 47

14.87 Dollars($)

Posted: Mon Oct 27, 2008 2:59 pm Post subject:

Mcampbell, Welcome to the community by the way....I'm a P&C adjuster....don't sell squat. _________________ ************************************ Life gaurantees a chance NOT a fair shake ********************************** FIND a way EVERY day to lighten the load of another ************************************

Lori

Moderator

Joined: 10 Sep 2007
Posts: 6810

Location: Missouri
44.09 Dollars($)

Posted: Mon Oct 27, 2008 3:01 pm Post subject: FE

Thanks Lori and is it true you can earn money on the site.

Mcampbell

New member

Joined: 24 Oct 2008
Posts: 47

14.87 Dollars($)

Posted: Mon Oct 27, 2008 3:06 pm Post subject:

yep...looks like you have $6.48 thus far...I've cashed out at least 500 or so...saving up this time till closer to Christmas _________________ ************************************ Life gaurantees a chance NOT a fair shake ********************************** FIND a way EVERY day to lighten the load of another ************************************

Lori

Moderator

Joined: 10 Sep 2007
Posts: 6810

Location: Missouri
44.09 Dollars($)

Posted: Mon Oct 27, 2008 3:08 pm Post subject:

Mcampbell, My main focus is on Final Expense policies. I do some pre-need but my main marketing focus is on FE. Scptt

psrayburn

New member

Joined: 22 Oct 2008
Posts: 31

11.99 Dollars($)

Posted: Mon Oct 27, 2008 3:14 pm Post subject: FE

Lori, You actually cashed out and they sent you a check or pay pal.

Mcampbell

New member

Joined: 24 Oct 2008
Posts: 47

14.87 Dollars($)

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