Why does an insurance company need to know my net worth before it grants me life insurance?

I can understand why they want to know a bit about me, especially with regard to health records. However, this insurance company wants to see bank statements. My point of view is that the only important thing moneywise is that I can pay the premiums or my insurance will lapse. I am new to this so I would be interested to hear from someone more familiar with the life insurance game.

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I am nearing the end of my driving lessons and i am seriously thinking about cars.Can someone tell me a list of cars that are cheap to insure for a 17 year old male?Also my Mother told me that when i pass my driving test and get a car i will be going under her insurance policy and she said that it will be a lot cheaper than getting insured by myself.So my question is , is it better to get insured under a parents name so it will be considerably cheaper also i want to pay monthly for insurance and not yearly.Also what cars are generally cheap to insure under a parents name for a 17 year old? Thank You.

Car insurance increase?

My 19 niece has moved in with us and is going to get her license and a car soon. Will that affect the rate we pay in our insurance even if she carries her own policy? I am not sure if it would be with the same insurance company or not. We live in Minnesota. Thank you for your help!

How much do you pay for car insurance?

I'm a 22 year old male living in GA and mine is $770 every 6 months. I've never had a wreck or nufin. How old are you and how much is your car insurance every 6 months. It's confusing because some people will say they pay, for example, $1000 in car insurance, but they don't say whether it's every 6 months or every year. Please be specific as to if it's 6 months or a year. Thanks very much. I just want to know how much more I'm paying than all of you. lol

Are auto insurance deductibles tax deductible?

I have a smashed windshield with a $500 deductible. If I get someone to fix it (for a lot), can I write off my payment of the deductible on my taxes next year, or is it just called the deductible because it is deducted from the total cost of the repair?

Its about car Insurance?

hi guys i was wondering ive recently looked at a car ad the cars insurance saids 15E its and 2003 ex police car 'volvo s80' at the age of 21 is that going to be expensive. ??????????

New Car.. Wrecked... Before we added to insurance?

We had liability insurance on our older car, Then bought a new car on thursday, Had a car wreck on Saturday night before we got to add the new vehicle to our new State Farm policy which was to go in effect in about 2 weeks. The liability insurance carrier Gecko was to terminate on 10/29/09 - Both cars in the wreck had pretty major damage. We hit the other car in the rear... And got a Ticket for not having insurance on the new car because our insurance card from Gecko. Only our old car. Will either of the insurance companies pay for the damage to our new car and the damage to the other persons car? If you are an insurance pro please let us know what we should do and what to expect. Thank you for any help.

Car insurance...?

I am thinking about buying a 1999 ford fiesta sometime. I have opted for a 5 door car rather than a 3 door car. I have heard of some people paying up to 3k per year for insurance. How much difference roughly in terms of would having 5 doors make in stead of 3? And what would be the difference rouughly between insuring a car with a 1.8 diesel engine than something like a 1.4 diesel engine? I want to get a car when I have passed my driving test.

Will life insurance pay benefits if death occurred due to suicide?

Certain states have suicide clauses. I live in the state of Florida. I was wondering about restrictions and payouts.

Insurance for a jeep wrangler?

I really wanna buy a two door hard top keep wrangler. I was just wondering roughly what would my insurance be like. I have never gotten in an accident or in trouble with the law, I have good grades, took a drivers Ed course and I'm a girl. Anyone know how much the would be? Roughly

Insurance for Young People?

I'm 21 years old, I live in Northern Ireland (which is not covered by a lot of insurance companies) and I was wondering if it is possible to get reasonably priced car insurance. I'm sure anyone my age knows that insurance for under 25s is a nightmare! Is there a way to get round it perhaps? A type of car that is cheaper to insure? I would appreciate some suggestions on the matter. Thanks.

DO MEMBERS OF CONGRESS HAVE TO GET THE NEW HEALTH INSURANCE? IF NO, THEN WHY NOT?

I have read on comments under articles on Yahoo and someone said they are required to get the same health insurance but i can not find this on any news article.

Is it true that in PA if you don't own a car you don't need car insurance but could still drive someone's car?

I have my own car now and insurance, but I want to get rid of it and just drive my bf's extra car around. Is that legal because he has insurance on his cars? This is in Pennsylvania. Thanks.

How do I get a car registered which has no papers/plates and has sat for years?

I responded to a newspaper ad recently and bought a 1971 vw beetle. The car had no plates and no paperwork that I could find. There were several telltale signs that the car had sat a number of years, but I understood it to be a project. The seller said he had originally bought it at auction with the intent of using its (good) engine for a sand rail dune buggy, but that like many other good plans requires time. Once paid for, I was provided no bill of sale which I feel I was owed. It was as if the seller felt that since he had let the car go very cheap, that he owed no person any more, and if he did, he should've either charged more or wrecked it instead. Like he could have gone to the trouble but would be put out for something extraneous. The seller has a shop in an easy to find location, so it is not as if I cannot find him, and he doesn't appear to be trying to hide, hes just a strangely irritable and crotchety person.

Why does an insurance company need to know my net worth before it grants me life insurance?

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