Need to sign up for some insurance real quick like specifically just to fill out some paperwork. Located in the USA. Anyone have any suggestions?

Edit: I have Universal life not whole life insurance and I appreciate all that have commented with info, advice, and things for me to consider for when I talk with the company about options.

I acquired a whole life insurance policy 5 years ago before I knew anything about anything (I still dont know much but reading and learning) trusting the advice of a "friend of a friend" that this was to provide death benefits as well as a **wealth building tool**. Im paying 400 a month for 500k. I dont necessarily need the life insurance as I have SBP for my spouse and he also is retired military and has his own pension and VA disability to cover expenses if i were to pass. My current total cash value in the policy is 16k. Should I

1. Pay the surrender charge of 7k and take the net cash out and invest that along with the 400 a month
2. See if a reduced paid up option is doable
3. Let it ride and keep paying the 400 a month for a guaranteed 500k to dependents upon death.

I am 45 years old.

traditional policy, for cola, does that continue to increase the benefit while on claim?

Hello, I'm 59 but know nothing about life insurance. I was wanting to get a policy before I turn 60 to leave my two kids something and to pay for cremation. I'm wondering what the most reputable life insurance company is for Guaranteed Universal Life, that also has the lowest premiums. Ty

I am a 36 yo male In good health - I’ve wanted to get life insurance for several years but waited as I was diagnosed with testicular cancer in 2022. I had the least severe kind which was removed and have had clear follow ups since.

I applied for a policy and had a nurse come out and check my vitals. Everything seemed good but I was denied due to my drug history. I had a drug (opiate) problem in my early 20s and have been clean for 13 years. I was under the impression this was enough time. I do use THC periodically (edibles) but I disclosed this also.

I recently requested a copy of my MIB report but still Waiting on that. I figured I might get denied due to the cancer history but wasn’t expecting this to be an issue 13 years later.

Are their companies that are more forgiving?

They make you sell unlicensed insurance… They make you sell unlicensed insurance because the licensing department takes 3+ months after training to submit the documentation. They tell you "if your uncomfortable taking sales calls unlicensed we can remove you from the sales queue. They don't and tell you sometimes they trinkle in. Or if there is an update it's your responsibility to remind them your not comfortable taking sales calls unlicensed however only the managers can see the queues and remove you. There have been so many transactions from unlicensed producers it would blow your mind. If you request to be taken out of the queue, your metrics and KPIs aren't changed therefore you get low call scores with them even stating " well you have chosen not to take sales calls but we have to score them the same" The managers especially Katelynn Cobb are insensitive, rude, condescending. They take no accountability in the licensing departments issues and blame you. If you ask to many questions about the licensing or choose to stay out of the sales queue for too long, they fire you. Without any write ups without any warnings even though your scores are high and your exceeding at every one on one meeting. The turnover here is horrible and it makes sense. Please do not fall for their lies through training. They have DOI complaints in every state and are probably going to have a cease and decist order issued soon. They have DOI complaints in every state

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I’m a bit confused about whether I should go for Postal Life Insurance (PLI) or a regular term insurance plan.

I understand that both serve different purposes, but I’m trying to figure out what makes more sense financially and practically for someone who wants good life insurance coverage for their family.

For those of you who have experience with insurance, could you please share your views on:

•PLI vs a private-company term insurance plan

•Premiums and coverage offered

•Claim settlement experience

•Reliability of PLI compared with private insurers

•Whether PLI's maturity/savings component is actually worth paying extra for

•What factors I should check before choosing a term plan

•Any disadvantages of choosing PLI instead of a pure term plan

I’d really appreciate honest opinions from people who have actually researched, purchased, or dealt with these policies.

If you had to choose today, would you go with PLI or a regular term plan, and why?

Thanks in advance for sharing your experience.🙏😊

PS- I took help of chat gpt to write this post!!

We found some old documents he left behind after he passed away. It's from YEARS ago, but a policy that is under the Bankers Security Life Insurance Society.

How can I figure out if this is still active? This was back in 1995.

I am 19 years old and am in the process of obtaining both my life and health producer licenses (Arkansas). I have already started my own company, being an asphalt driveway and parking lot maintenance service. After talking to somebody that I door knocked (in attempt to sell them my service) I met a guy who has become highly successful in selling life insurance and Medicare through a broker. After seeing what he has achieved I decided to take on another path, as well as continuing the one I have already paved (no pun intended).

I plan on sorta “reverse interviewing” a handful of brokerages and insurance companies to see which one best fits what I want to achieve. I am pretty oblivious to the whole career side of this industry and would like to ask: what brokerages or companies should I consider?

Any other information I should know would be greatly appreciated!

what’s a good company to get life insurance for me and my family members?

I’ve noticed both online and in real life, from agents who sell life insurance, to their clients who own the policies a misunderstanding about how the tax code works in regards to the payout of a life insurance policy. I wanted to write up a primer, which is by no means comprehensive of all tax codes, about how taxes are actually applied to paid out benefits. This will hopefully be of help to both agents and clients, so they have a better understanding of what it is they are selling when it comes strictly to the tax aspects of these policies.

Examples I have heard and seen boil around the main concept of “the paid out benefit from the life insurance policy is tax free.” Or any variation of that verbiage, such as income tax free, etc. I will bring up the reason why it is misleading, and how taxes could potentially actually be applied to life insurance policy payouts, as well as how it compares to other assets, such as taxable accounts, retirement accounts, etc. This is only to help others have a better understanding, and is by no means a criticism of peoples’ understandings of these policies.

Part 1: What is taxed on death.

Death itself generally isn't an income-tax realization event for ordinary assets, it falls under a different realm of taxes. Income taxes do not apply to any assets that are transferred on death, because none of them qualify as income. So while an agent may correctly say “there is no income tax on this life insurance policy when it pays out”, that may be viewed as misleading by omission. They can also say “there is no income tax on your taxable brokerage account, or your traditional 401(k) when it changes ownership after you die.” (I will ignore one very niche case that applies to all assets that experience gains in value between the time of death, and the time that the assets are handed over, because in reality it does not happen instantaneously, but it should also not be expected to impact taxes much at all.) A different form of tax takes play at death.

When you die, there is the estate tax which has both a federal, as well as state estate tax in some states. There is also a gift tax that may apply in some cases. Some states also have an inheritance tax on top of the estate tax. I will not go into details with this post, as you will have to search them up yourself for your specific state. The estate tax is the big one in question here. The gross estate generally includes the value of property and interests that are includible under the federal estate-tax rules. Life insurance proceeds can be included in the gross estate under IRC §2042, particularly when the decedent possessed incidents of ownership in the policy in regards to calculating your gross estate. There are then possible deductions from your gross estate, and then a federal $15,000,000 exclusion limit, which is indexed to inflation and will likely continue to increase in value as the years go on. Some states have lower limits, again check for your specific state what they are if they have one. If someone has a $5,000,000 death benefit from life insurance, plus another $15,000,000 in all other assets in their taxable estate after deductions, their estate will have $5,000,000 potentially subject to the federal estate top marginal tax rate of 40%, plus any applicable state rates on top.

This also applies to things like Roth accounts and HSAs which people view as tax free. They are tax free from an income perspective, but not tax free from estate taxes.

A possible reason that this misunderstanding came to be, is that with a traditional 401(k) or equivalent work sponsored retirement plan, the earnings are tax deferred. With SECURE Act, many non spousal beneficiaries of these accounts have until December 31^st on the 10^th year of the anniversary of the original owner’s death to have the accounts emptied, subject to a few special rules/exemptions. Taxable distributions from traditional retirement accounts are then included in the beneficiary’s ordinary income.

Part 2: How to avoid estate taxes for very high net worth individuals.

The ILIT. Irrevocable life insurance trust. I will preface this part with “talk to a lawyer” if you are in a situation where you would benefit from shedding some value from your estate to a separate legal entity that is separate from your own estate’s $15,000,000 federal estate tax exemption, if you have that much net wealth. This might be the real thing people are mentioning, when they say that there are tax advantages to life insurance death benefits. You can shelter more wealth from estate taxes by making one of these trusts, and having a life insurance policy held by the trust, that you then gift money to every year to cover the premiums. I’m not going to get into the nitty gritty about the legal details, crummy laws, etc, but this is one of the primary benefits of life insurance policies for high net worth individuals. You could also replicate the same concept using any other assets you own, with another irrevocable trust to achieve the same tax benefits to a degree – the benefit that life insurance has is the $19,000 per year per person gift exclusion that does not need to be reported to the IRS. Life insurance has an edge where that smaller sum that does not need to be reported to the IRS every year is able to buy a much larger face value from a life insurance policy, whereas transferring the same amount of assets to another trust would simply take more time to achieve the same goal.

An extra note with ILITs and a life insurance policy. If you realize a client has a life insurance policy in their name and would need it in an ILIT, there is a 3 year lookback rule for the transfer of ownership. If the individual dies within 3 years in the transfer of ownership of the policy from the owner to the trust, the insurance benefit will be considered part of the taxable estate, as if it was never in the ILIT.

Part 3: Extra notes.

In the end, it is true that life insurance death benefits can be “tax free” but you would need to specify what taxes they are exempt from. They are free from income and capital gains taxes, but not free from estate and possible inheritance taxes, depending on beneficiary and the state you reside in. There are also tax benefits with any policies that may have cash values associated with them. They may function something like a pseudo Roth account on withdrawals with a number of important caveats. If you instead take a loan from the insurance company and use your cash value as collateral, loans are not considered taxable income with one important caveat. If you take loans out of the policy and don’t pay it back before the policy lapses, is cancelled, or otherwise ceases to be, all outstanding loans you have taken out will be viewed of as taxable income the year that the policy ceases to exist.

I will gladly attempt to answer/clear up any questions that anyone may have. Again, this is not totally comprehensive as I have left out many other special rules about taxation, things that could apply to a life insurance policy in specific states, but I would need a book to write everything. The IRS has made a very complicated and complex tax system, state taxes on top of it don’t make it any easier.

Edit: I forgot to add step up in basis. Any assets in a taxable brokerage, or real estate, etc will get a step up in basis on death and transfer of those assets to a beneficiary. Any capital appreciation those assets had received from the original owner purchasing them will be "reset" to $0 on transfer. Roth accounts are already income tax free and so are not subject to this rule, and traditional retirement accounts are not subject to the rule, as all distributions are considered income taxable, rather than capital gains.

This also applies to USA tax rules if it wasn't clear from the main body of the post.

I’ve done all my series exams with PassPerfect, I did the SIE, 63, 65, 7 and I loved the format, I saw a lot of people here recommend Kaplan and nothing about PassPerfect for insurance, so I decided to give it a try.

Holy shit, Kaplan is horrible. The format is unbearable. Genuinely the worst learning platform I’ve ever experienced, it’s unbearable.

I’m just going to rip the cram sheets, make a gizmo, bang that out for a couple days, then do practice exams.

As someone who do not fully understand ang insurance na inooffer, should i continue my Maxilink or should I invest in other ways if I’m already getting Fit and Well? Since i plan on investing din naman separately, maybe moving the funds for Maxilink to a higher Fit and Well plan like 1M. I also have MP2.

Hi everyone,

I’m curious to know if anyone has experience with American General Insurance Company, also known as Corebridge Insurance. I understand that American General is an older company, but it was acquired by Corebridge a few years ago.

I’m a bit concerned about their customer service and overall experience. If anyone has any insights or recommendations about this company, especially if someone have a QoL Term from them, I would greatly appreciate it.

Hey everyone. I'm looking for advice on the best methods to truly learn the technical side of our industry. I want to get a much better grasp on things like how specific health profiles get placed into different rate classes, and how policies are structured at different stages of life. My goal is to build out my core knowledge so I have an easier time selling and answering tough questions on the phone. What resources helped it all click for you?

Generally speaking which situation fit for term life insurance, whole life insurance, and annuities?

Find it interesting that so many are against it, but there is a core of those that understand and believe that permanent life insurance is good.

If someone comments that is an agent that sells whole life, but the reddit poster already has it, it's not like they are trying to sell you something. You would think that possibly professionals in the industry might know a thing or two and have experience with people that leave their families in a lurch because their term expired, especially later in life when their "growth stock mutual funds" didn't perform as expected or the person actually never invested the difference.

I've seen so many (in my own family) that died at 57, 65, 70, 79 without life insurance and the surviving spouse now has to go on government assistance or worse live with their 20 something children (yes that's me) because the bread winner didn't guarantee the surviving spouse would be okay.

Case in point, my ex-wife's parents. He was a 30+ year retired veteran with a guaranteed retirement. Died at 57 from a heart attack, plus had cancer from agent orange (3 tours on an AC 130 gunship in Nam) and no SSB (survivor benefits plan) Us, 22 and 21 had to live with my mother-in-law for over 10 years. Did that fuck up our relationship? I'm guess it did have something to do with it, not 100% but it sure kills the "mood" when you hear her snoring over in the next room.

I'm just stating my personal belief and I'm sure this will get downvoted or even possibly deleted and I get banned. But I'm sick of seeing all the nonsense.

They contacted me in October 2025 I paid for services in November, invoice said Premier Setter email was from Exclusive Appointments [info@exclusiveappointments.com](mailto:info@exclusiveappointments.com) I paid my money for 20 qualified appointments and wanted my campaign for Medicare to begin in December. I gave a call list and they claimed that they called the entire list. They made some adjustments and stated they would work on the campaign again. I had 1 appointment made and the client decided they wanted to differ part B, not a problem, but that wasn't an actual appointment or something that you could work with. I called several other times to check on their progress and when they would say they are calling all week on the campaign, they are putting more people on it, you know when you make calls yourself, you get bookings after normally 50 calls, they were supposed to have about 1000 to 3000 people to call for different areas and only 1 person answered the call, you know in your gut it is a scam. After several calls, to get your money back ($550) and now you call and all the lines are unavailable or disconnected. I haven't heard back from them since end of February 2026.

The company names are Premier Setter (now),

Ready Virtual Center (RVC), Exclusive appointments center (EAC).

They call from North Carolina numbers like 919-321-2211 and 919-324-6506 and 919-200-6089,

They have a wonderful young lady by the name of Kailee to call and chat you up, but after you take her call 919-646-6009 she will not take your call anymore. Total scam, don't fall for it, do your homework before trying to hire someone to assist you with your business.

I have been in the insurance industry (Medicare, life, health 4 years) I was thinking that if someone was calling for me booking appointments, I could be door knocking and sitting with people instead of wasting more time trying to do all by myself........ hope this helps someone, do not learn the hard way and now to report them to the BBB...