G********0
发帖数: 155 | 1 是不是和home insurance, car insurance一起买比较便宜呢？ | y****i
发帖数: 778 | 2 Usually they are different companies.
If you want return of premium (ROP), try 30 year instead of 20 year because
of compound interest. My $500k 30 year ROP term life premium is $50 a month,
starting at 31 as non-smoking man. My wife choose $500k term w/o ROP from
Metlife and premium is 300$ a year, from 28 year old as a F1 student. Some
insurance companies do not provide ROP term for F1 or H1. My lowest
quotation was from AIG but finally chose Genworth because they accept H1 for
ROP term at that time. You can quote online and in my case a local broker
stopped by and showed me his quote was the same as mine. We tried 20, 30
year term and 20, 30 year ROP. ING or AIG were the lowest in each group.
Later he figured out only Genworth can do ROP for H1 and monthly payment is
only $2 more than AIG. So I accepted that and scheduled the blood test. That
was 2008, hope this information is still useful. | n******n
发帖数: 602 | 3 ROP 是30年后还你 premium吗？30年后钱还值钱吗？
我邻居老太40年前5万块买的房子，房贷只有300美刀，现在都要至少20倍的房价。30年
后钱应该只有1/10的价值了。
万一你中间要取消保险，还会换你们吗？
because
month,
for
【在 y****i 的大作中提到】
: Usually they are different companies.
: If you want return of premium (ROP), try 30 year instead of 20 year because
: of compound interest. My $500k 30 year ROP term life premium is $50 a month,
: starting at 31 as non-smoking man. My wife choose $500k term w/o ROP from
: Metlife and premium is 300$ a year, from 28 year old as a F1 student. Some
: insurance companies do not provide ROP term for F1 or H1. My lowest
: quotation was from AIG but finally chose Genworth because they accept H1 for
: ROP term at that time. You can quote online and in my case a local broker
: stopped by and showed me his quote was the same as mine. We tried 20, 30
: year term and 20, 30 year ROP. ING or AIG were the lowest in each group.
| y****i
发帖数: 778 | 4 You can choose normal term life instead of ROP if you think the return is
too low, usually about 5% but tax free. 40 year 20x principal is about 7-8%
annual return before tax, which is possible for many kinds of investment. I
bought DC airport zero coupon muni bond in 2009 which garantee 4x principal
in 20 year, equal to 16x in 40 year and is federal tax free, though I sold
it in 2010 for my first home downpay and the price jumped 35% within a year.
A million dollar house now will be 20 million dollar house after next 40
year is unlikely in US. The cash value of insurance is very low at the
beginning, and insurance should not be investment. Usually for 30 year ROP
you can stop paying premium after 15 years and use the value of your
insurance to pay the rest. The death benefit will be slightly lower than
initial (500k in my case), but very close, 500k - 600 per year until last
year, 490k for the 30th year if you use cash value to pay the premium
starting from the 16th year.
【在 n******n 的大作中提到】
: ROP 是30年后还你 premium吗？30年后钱还值钱吗？
: 我邻居老太40年前5万块买的房子，房贷只有300美刀，现在都要至少20倍的房价。30年
: 后钱应该只有1/10的价值了。
: 万一你中间要取消保险，还会换你们吗？
:
: because
: month,
: for
| G********0
发帖数: 155 | 5 Very valuable info. Thanks a lot. |
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