at least 2 yrs in case something comes up where you need to show proof that you had coverage. This very important especially in auto Insurance.
2006-07-25 16:44:19
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answer #1
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answered by Anonymous
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As long as they are in force. If the policy has been cancelled, there is no nee d to keep the policy. If you don't know whether tor not the policy is still active, call the insurance company and they can tell you.
2006-07-25 16:05:53
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answer #2
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answered by ps2754 5
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Do you quite need greater insurance? Why? Funeral expenses, very final expenses, that form of subject? possibly pay off the loan? You, my chum, desire the centers of a "CFP," a "Certfied financial Planner," somebody who quite, quite, can verify out the super image and permit you comprehend what makes the main sense -as a budgetary considertion. many times (<- observe the weasily observe, "typical") regardless of subject you calculate in terms of value on your loved ones (the funeral, the loan, the credit card debt, etc.) is nice lined with term coverage IF THERE at the instant are not any sufficient sources in any different case to pay them. So, you do what's referred to as a "lump and unload" in our business enterprise, which in simple terms ability upload all of it up and insure that quantity or some element or inspite of slightly greater advantageous. Having 5 policies floating around is probable not the appropriate thank you to try this. it quite is achieveable that the business enterprise they are with will do the conversion for you. after all, first make certain the desire, then make certain appropriate thank you to fulfill it. to illustrate, it would desire to be achieveable to transform between the policies to an excellent sum -and cancel the others. have faith me as quickly as I permit you comprehend that the service will kock itself out attempting to maintain your business enterprise. certainly the WORST subject is to verify existence coverage as an investment. certain returns, possibly, yet who will assure extreme returns? no person. So -talk over with a CFP, and once you're at it, talk the finished financial image with that guy or woman -so each and every thing suits together. At 33, it quite is an rather stable time to "get a grip." My skills? authorized existence agent 25 years -not a CFP- who knows what's top for the customer.
2016-12-10 14:30:55
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answer #3
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answered by ? 3
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