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Being hospitalized might have an effect, but if you pass the medical exam that most life insurance policies require, you should be okay. It really depends on the situation. The main thing is that you don't have a terminal disease or that you don't go skydiving regularly, etc., because those are seen as liabilities and you could possibly die sooner than the average person, you know? Getting life insurance while you're young and healthy is a good idea, because it's cheaper and once you have it, some types you can keep for your whole life, even if you at a later point have a health problem that would otherwise disqualify you. Life insurance can be as low as $10 or $15 a month for a healthy person depending on your policy. Whatever company you choose, choose someone you've heard of! If you haven't heard of them, there's probably a good reason to not choose the company.Study up and see how they're rated with a variety of rating companies. Make sure you pick a company that has good customer service ratings as well as financial strength- especially in these days. Here's a good place to look about insurance company ratings: www3 ...

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I work in insurance

by alexandra .

5 months ago

Asker's Rating: 

Your brother is not liable for your loans if he didn't cosign. Term life insurance is fairly cheap, especially at your age. Find an insurance broker and get some quotes.

by jlf- 5 months ago

Each policy can have it's own restrictions. Debt is not inheritable. If the loans were only in your name, then when you die, the loans die. They can't 'go after' your brother. The only reason they can go after your mom, is because she cosigned the loans.

by mbrcatz- 5 months ago

Term life is indeed a good one to get. you can upgrade as you get older and have a family. Also being that you are 20, your premiums will be alot cheaper than if you were to wait until you were 30 40 or 50. trust me. The reason is b/c you will/may have healh issues that may contribute to your demise ( if you get terminally ill or something like that) There are not many restrictions for you at your age, but there are exclusions. Such as suicide or pre-existing conditions. For example, if you get life insurance, and then commit suicide, they wont pay. point blank period. Pre-exisiting, an example would be your asthma. Lets say you wait and get your life insurance at like 25 or older. And you go to the hospital at that age b/c you had an asthma attack, and lets say ( God forbid) that you die from that attack, Life insurance may not pay b/c you have always had asthma (hence the word pre-existing) and at some point when you took out the insurance you signed a document that stated, "i have asthma and it will not be covered signed me' then your are SOL (s**t outta luck). however, when you speak with a life insurance rep, they will advise your of whats covered and whats not. At your age, the pre-exisiting clause may not exist. MetLife is good. your job may offer life insurance. Search online for life insurance quotes.

by K B- 5 months ago

well 2 start wiv u got 2 b alive n if u do drugs its best not 2 tell em ps dont do drugs there shite

by baldy- 5 months ago

Apply for the insurance, it's free just to find out if they will insure you. Asthma is ok. THINGS TO CONSIDER 1. Review your own insurance needs and circumstances. Choose the kind of policy that has benefits that most closely fit your needs. Ask an agent or company to help you. 2. Be sure that you can handle premium payments. Can you afford the initial premium? If the premium increases later and you still need insurance, can you still afford it?3. Don't sign an insurance application until you review it carefully to be sure all the answers are complete and accurate. 4. Don't buy life insurance unless you intend to stick with your plan. It may be very costly if you quit during the early years of the policy. 5. Don't drop one policy and buy another without a thorough study of the new policy and the one you have now. Replacing your insurance may be costly. 6. Read your policy carefully. Ask your agent or company about anything that is not clear to you. 7. Review your life insurance program with your agent or company every few years to keep up with changes in your income and your needs. Jeff McLeod 800-286-1812

by Annuity Sleuth- 5 months ago