How can I get out of a whole life contract that I've been paying on for about 15 years?

How can I get out of a whole life contract that I've been paying on for about 15 years?

Im 46. I purchased a whole life contract when I was young and niave. Ive been putting $50/month into it for approximately 15 years. Ive since realized its not a good investment, and frankly, leaving my survivors with cash is not my priority. What can I do to get out of this? Im assuming that Im not able to cash it out and get any decent money out of it. What are my options so that I can discontinue paying $50/month on this and start investing my money where it will do me some good. Also, this is the only asset I really have. Until now, I had both credit card and mortgage debt and didnt have any extra money to invest. Just today, I finally paid off my credit card debt. My only current debt is my home.

 

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Car insurance who is responsible ? He lives on his own but the car is in my name?

My son is twenty three and lives at a different address. The title for his car is in my name. Who is responsible for car insurance?

 

 

How much is motorcycle/scooter insurance in southern california?

i am looking to get a used honda ruckus scooter with 250cc motor, is that size motor still considered a scooter or motorcycle? will i have to get a M1 or M2 license? and how much would insurance be? i live in the los angeles county area.

 

 

Will insurance pay for an insured car that's borrowed and driven by an uninsured driver?

well, it's a brand new car that belong to my father, i borrowed it and got in an accident because i slip off the road, the car is totaled and im really worried about the coverage. my dad has Infinity-insurance, so yes the car is insured however i do not have any kind of auto-insurance at all nor am i listed in my father's policy. will my father's insurance pays for the car?( if possible, please answer it base on Infinity-insurance)

 

 

Insurance question?

will the price of insurance matter on who's name a car is in? or does it just matter on who is buying the insurance?

 

 

Car insurance help !!?

well you know how if your paying for your car monthly the insurance is more money because the car isnt fully paid for yet, well is there any insurance companies that don't make ...show more

 

 

Why isn't there an affordable Insurance with out a deductable?

I was raised on Insurance but now that I am an adult and moved away from my family I can't afford hospital visit or doctor visits or nothing. I look for insurance that I can afford but for the lowest deductible its to much and you have to pay the deductible first then pay the monthly payment. It just pisses me off that everything is so greedy!

 

 

How much does it cost to get a license to sell insurance?

How much does it cost to get a license to sell insurance?

 

 

Can i pay for a car and insurance together monthly?

Like on finance or something? so i pay the insurance and the car price on a newish car both at the same time each month?

 

 

What is the best life insurance for someone in their early twenties?

I want to ensure my mom & husband will have some money if I were to die early in life.

 

 

Queation about auto insurance in Boston, MA?

Hey, I am 17 years old (18 in a month), male and I am looking at a used audi s5 (4200 cc 350 bhp) to buy. it is a 2009 model with 30000 miles. How much do you think i will be asked to pay for insurance each year if i purchase this car? I never had an accident btw and i dont plan to do many miles.

 

 

How to write a appeal letter for denied life insurance?

my mom passed away now the insurance company denied her life insurance policy over a form that was not filled out but we never knew about form was not told or mailed to us already went to lawyer he said i still need to write a appeal letter does anyone know how to do this???? help please

 

 

What is the most quality/cheapest insurance to get for a car in the US?

Like for someone in their mid 20s

 

 

What is the legal cost of a ticket for not having any car insurance in the state of ala?

What is the legal cost of a ticket for not having any car insurance in the state of ala?

 

 

What insurance companies in michigan allow exclusions?

I live in michigan and need to find an insurance company that will allow me to exclude people who live with me from being on my policy (otherwise my rates will double (possibly triple)) Esurance doesn't i know, but anyone know what ones do?

 

 

How much is insurance for a 17 year old in NY???

I'm thinking on getting a honda prelude 98-2001.

 

 

How do i get health insurance on my own?

i am a senior in high school and i am about to graduate and go to college, I am currently in track so if i twist my ankle then i am done and I haven't have any kind of health insurance since my family immigrant here three years ago, my dad cant speak Eng so he stays home and my mom works really hard for my bro and me, i don't have car/health insurance and yet i drive and when ever i get sick i have to deal with it myself, I am really jealous when i see people can go to doctor when they get sick, I want to know how do i can a reliable and affordable health insurance and i am willing to work and pay for it in college..and i looked for the student insurance but it doesnt cover teeth and eyes....i def need to get my wisdom teeth out..cuz they hurt really bad sometime and there is nothing i can do about it, is it possible for me to work and pay my own car and health insurance? I just freaked out tonight cuz i feel so unprotected

 

 

What is the cost of premium insurance for 2003 pontiac vibe driven by a female only insured driver.?

What is the cost of premium insurance for 2003 pontiac vibe driven by a female only insured driver.?

 

 

What's the cheapest car insurance company you have found??

I just bought a new car--now comes full coverage & plates. It's a 2003 Mazda w/ 18,000 miles. Does the year or the mileage make insurance or plates higher? Do they request tickets for the last 3 or 5 years? You have to have full coverage when making payments right? I'm thinking Geico is the cheapest I've found so far?

 

 

How will insurance companies make up for the preexisting clause elimination?

I guess in 2014 health insurance companies can't discriminate people for preexisting illnesses. How will they make up for that? Will they just increase premiums for everybody?

 

How can I get out of a whole life contract that I've been paying on for about 15 years?

Im 46. I purchased a whole life contract when I was young and niave. Ive been putting $50/month into it for approximately 15 years. Ive since realized its not a good investment, and frankly, leaving my survivors with cash is not my priority. What can I do to get out of this? Im assuming that Im not able to cash it out and get any decent money out of it. What are my options so that I can discontinue paying $50/month on this and start investing my money where it will do me some good. Also, this is the only asset I really have. Until now, I had both credit card and mortgage debt and didnt have any extra money to invest. Just today, I finally paid off my credit card debt. My only current debt is my home.

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