MotoHouston.com MotoHouston.com
Register Members List Member Map Media Calendar Garage Forum Home Mark Forums Read

Go Back   MotoHouston.com > General Discussion > General Discussion (Moto Related)
Forgot info?

Welcome to MotoHouston.com! You are currently viewing our forums as a guest which gives you limited access to the community. By joining our free community you will have access to great discounts from our sponsors, the ability to post topics, communicate privately with other members, respond to polls, upload content, free email, classifieds, and access many other special features. Registration is fast, simple and absolutely free, join our community!

Register Today!

If you have any problems with the registration process or your account login, please contact us.


FREE MH Decals by MAIL!

Advertisement

Reply
Share This Thread: 
Subscribe to this Thread Thread Tools
Old 04-25-2007, 05:17 PM   #41
Aggie
In slow, fast out...hmm
 
Aggie's Avatar
 
Join Date: Feb 2007
Feedback Rating: (2)
Posts: 352

Experience: 10+ years
Trackdays: 10+

Bike(s):
'08 MD250H (track)
'06 NSF100 (sold)
'07 GSXR600 (sold)
'04 R6 (sold)
'01 F4i (sold)






Another Perspective

Best/GREAT advice to learn from above:
1) 1FastGSXR - All riders need coverage. (life, dis, gap, etc) -> whether for helmet law (posers), or whatever...death/injury is a terrible burden on one's family & friends, already grieving with your accident. It's one less worry.

2) FJRMGM - Don't buy life insurance as an "investment" - buy it to cover the unexpected loss of income due to death! -> Bingo! "Buy more as your needs increase" is a perfect saying whether for loans, mortgages, new family, etc.

Speaking from many sides as agent, buyer, now actuary. Job is to price risk...area of expertise. From priced ins prods bf::
Longnguyen, rates depend on many factors (mainly age, smoke, ) and product type (term, UL, VUL, annuity, etc). Your question (Annuity/Life): what you're asking for is 1) an endowment policy (pay if live or die, not sold much), 2) pure endowment (pay IF you live), or 3) ROP term (rtn of 100% ins premiums+coverage-rider fee, expensive).

Term is cheap for young people (more coverage per $1), but once renewed or for older peps, it becomes expensive...ART very expensive bc each yr you age, P(death) increases=more $$$. If young, get term for immed needs, SAVE the diff bw term & UL into safe investments...then when term ends, buy your UL/VUL/etc.

Just my .02
Aggie is offline   Reply With Quote
Similar Topics
Thread Thread Starter Forum Replies Last Post
wheel spin!? H2447INTX General Discussion (Moto Related) 9 06-07-2010 12:48 PM
Rear Wheel Spin cdill35 Taking it to the Track 48 10-02-2009 11:44 PM
motorcycle insurance thoughts bioGuru General Discussion (Moto Related) 14 06-05-2009 08:52 PM
New spin on an old parable... dbuck Off Topic 7 10-30-2008 03:56 AM
I would like to take this for a spin around the track. Moody Taking it to the Track 12 04-08-2006 01:22 AM
Advertisement
Old 04-26-2007, 09:23 AM   #42
PETE
CLUTCH
 
PETE's Avatar
 
Join Date: Sep 2005
Location: GALLERIA AREA
Feedback Rating: (0)
Posts: 3,191


Bike(s):
Don't have one =(









Send a message via AIM to PETE
life insurance and the ammount honestly just depend on the persons situation. theres not a right or wrong with life insurance, just how much can you afford and what policy is right for you. thats why there is at least 15 different types of life insurance and you as the insured get to choose which ammount will fit you best depending your situation.
PETE is offline   Reply With Quote
Old 04-26-2007, 10:17 AM   #43
FJRmgm
Senior Member
 
Join Date: Jan 2007
Location: Omaha, Arkansas USA Motorcycling Paradise
Feedback Rating: (0)
Posts: 1,995

Experience: 10+ years

Bike(s):
Yamaha FJR 1300
Honda CBR 954RR
Yamaha WR250R







"Actually term isn't the "most value" for your money, it is however the least expensive way to insure yourself for a huge amount. "

Since this is what most people want/need/can afford early in life it is the best value. If you want the "most value" don't get life insurance - use some other vehicle that has better returns.

Never buy any life insurance policy as an "investment" as rates of returns on insurance polices are guaranteed - guaranteed LOW!!
FJRmgm is offline   Reply With Quote
Old 04-26-2007, 10:25 AM   #44
Candy
The Most Intolerable bish
 
Candy's Avatar
 
Join Date: Mar 2007
Location: H-Town
Feedback Rating: (0)
Posts: 4,209

Experience: 6 years
Trackdays: 7

Bike(s):
'06 GSXR 1000
'02 GSXR 750



Member Garage





Send a message via Yahoo to Candy
Ok the moral to the story is, JUST GET ADEQUATELY COVERED PEOPLE.

I really don't care by who, just GET COVERED. GO TO UR AGENT AND HAVE THEM GiVE U YOUR OPTIONS AND U TAKE THE BEST OPTION FOR YOURSELF. That's what u pay em for!!!
Candy is offline   Reply With Quote
Old 04-26-2007, 11:04 PM   #45
NisAznMonk
USAF n00b
 
NisAznMonk's Avatar
 
Join Date: Jul 2006
Location: Okinawa, Japan
Feedback Rating: (0)
Posts: 72


Bike(s):
Honda CB400 Super Four









Send a message via AIM to NisAznMonk
Anyone have anything for a military person stationed overseas?
NisAznMonk is offline   Reply With Quote
Reply


Thread Tools

Advertisement


All times are GMT -5. The time now is 05:22 AM.


MotoHouston.com is not responsible for the content posted by users.
Privacy Policy