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Any advice about buying life insurance here?

 
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Joined: 09 Jan 2003

PostPosted: Wed Oct 08, 2008 6:56 am    Post subject: Any advice about buying life insurance here? Reply with quote

One of my former students is now a life insurance sales representative, and I ran across him the other day. I told him I might be interested, and he wants to sit down and talk to me about it.

I'm not over the hill but I wouldn't mind putting some money into life insurance or supplemental health insurance...anybody got any advice about it?
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bassexpander



Joined: 13 Sep 2007
Location: Someplace you'd rather be.

PostPosted: Wed Oct 08, 2008 7:02 am    Post subject: Reply with quote

If you're on an E-2 visa, you are much better off buying travel insurance than any of the local policies. We're talking saving 4x the cost. I'm assuming you're on an F visa of some sort, right? If so, you can't qualify for travel insurance, and must go the more expensive Korean route (although the policies can cover a wider range from what I've seen).

You can get a combo health/life policy from Samsung. That's what I have. I pay about 120,000 per month, but I don't do the built-in life savings, though. They had policies ranging from 85,000 to 250,000 or so for me (the more expensive ones with built-in savings).
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