Life Insurance Choices Explained Colorado CO

Reader’s Question:

My wife just had our first baby here in Colorado and this got me thinking about our future, but I have no idea what life insurance policies are available! Can you help?

Dean

Fort Collins, CO

Congratulations on the baby! And it is also good to know that you immediately recognized the need for life insurance protection for your small family there in Colorado. Life Insurance is probably one of the most important purchases you will make in your life so it is important that you understand your personal financial goals for yourself and your family, especially in the long-run. That said, it is also vital to have a basic idea of what life insurance options are best suited for you or your family’s need. Below are some of the most common types of life insurance you will come across:

Term Life Insurance
One of the most basic and common forms of life insurance. Provides financial protection to your beneficiaries in case you pass away within the specific coverage period. This also happens to be where you can get the cheapest life insurance quotes and most can be renewed as needed.

Whole Life Insurance
Usually costs more in terms of premiums, especially in the initial years, but gives you a ‘cash-value’ option which is a low -risk form of allowing your money to grow. Premiums become level and more affordable in the later years.

Universal Life
Whole life policy that emphasizes on investing and growing your policy’s Cash-Value through Money Markets.

Variable Life
Similar to Universal Life but premiums are fixed and allows you to borrow against the cash-value of your policy, which can alter the total amount of death benefits remaining on the insurance coverage.

Tags: Life Insurance Advise, Affordable Term Life Insurance, Life Insurance Information, Whole Life Insurance, Term Insurance

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It appears that the question period has expired. If you have received an answer that meets your needs, please choose one of those as a 'best answer.' If you haven't received a good answer for your question, you may want to consider the following,

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Since I really haven't answered your question, it is not necessary to give me any points. Regards.

Looking for insurance co. by the name of "General Bankers Life Insurance, Co., from Denver, Colorado.?



I can't identify a current licensee by that name, so I assume you have an old life insurance policy you want information about?

Contact the CO Division of Insurance's office 1-800-930-3745; they're responsible for keeping records regarding all insurers that incorporate in their state and should be able to tell you what its current name is.

I hope this helps.

Ted Haggard Opens Up About His Past in New Documentary

Haggard , the former president of the National Evangelical Association, who two years ago admitted to a relationship with a male prostitute, will meet with television critics in Los Angeles Friday to promote "The Trials of Ted Haggard."

The film was directed by documentary filmmaker Alexandra Pelosi, the daughter of House Speaker Nancy Pelosi, and will air Jan. 29.

Before the scandal broke, Haggard was a powerhouse and star in the evangelical world, rising quickly from the humble founding of Colorado's New Life Church in his basement in the 1980s. By 2006, the church was 12,000 members strong and Haggard, as president of the evangelical association, was exchanging weekly phone calls with President Bush.

In the new film, Haggard says he is angry with the New Life Church, but also begs forgiveness and blames his struggle with sexuality with being molested by his father as a 7-year-old.

"I had same-sex play in the second grade and then that all blew up when I was 50," Haggard says in a pre-released clip from the film. "I didn't know if I was heterosexual, homosexual, gay or straight. What are you?"

Colorado life insurance - News


Ted Haggard Opens Up About His Past in New Documentary
Ted Haggard Opens Up About His Past in New Documentary Today, Haggard has moved back to a $700000 home in Colorado Springs one mile from the New Life Church, and he continues to sell insurance, according to Haggard Blames ’Sexual Immorality’ on Childhood Molestation

Governor Ritter : 2009 State of State Address - Colorado - Cherry Creek News
Governor Ritter : 2009 State of State Address - Colorado We need to talk about life after Ref C – whether and when to extend it. We have a chance to find a better way forward, a Colorado way forward.

How to be a billionaire sports team owner
How to be a billionaire sports team owner His father had given him a head start; Pat Jones sold the Modern Security Life Insurance Company for millions. An undersized guard, Jones was captain of the

Opening-day speech by Senate President Groff - Bizjournals.com
Opening-day speech by Senate President Groff Here is the text of the opening-day speech by Peter Groff, D-Denver, president of the Colorado Senate, as prepared for delivery Wednesday.

Faculty/Staff Newsletter - CU Boulder News & Events
Faculty/Staff Newsletter Bill Ritter and Former Colorado Gov. Dick Lamm With a new president and a new Congress taking up the nation's business in less than two weeks,

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