InviewFinancial
Expert
- 27
I am 34 and thinking of getting 20 Pay GUL, $500K. With Critical, Chronic and Terminal illness rider, and waiver of premium rider.
1) The purpose of the policy is to leave my daughter guaranteed money when i die.
2) i want to have it paid of in 20 years
3) i also want the policy to pay me if i fall in (Critical, Chronic and Terminal illness)
Q1) are these the most common riders ? am i missing anything important for the purpose of my insurance
Q2) what carriers have these riders and are A++ or A+++.
Q3) are there any alternatives to my needs?
Q4) can all of these rider be built into TERM policy as well? if so which carriers have it?
The current cost of $500K GUL 20 pay with prudential without the riders is $3400 and with rider is $3700.
I just want to make sure i am not committing to prudential if i have other options which are better.
Thanks
1) The purpose of the policy is to leave my daughter guaranteed money when i die.
2) i want to have it paid of in 20 years
3) i also want the policy to pay me if i fall in (Critical, Chronic and Terminal illness)
Q1) are these the most common riders ? am i missing anything important for the purpose of my insurance
Q2) what carriers have these riders and are A++ or A+++.
Q3) are there any alternatives to my needs?
Q4) can all of these rider be built into TERM policy as well? if so which carriers have it?
The current cost of $500K GUL 20 pay with prudential without the riders is $3400 and with rider is $3700.
I just want to make sure i am not committing to prudential if i have other options which are better.
Thanks