Any good term life insurance companies out there?

[cooliemae]

I finally have convinced my wife that we need to seriously look into getting a life insurance policy for her 67 year old mother. (The recent passing of several relatives recently has brought this problem in focus.)

We're looking at a term life insurance policy of around $100,000 to $150,000. When her mother passes, we want to be able to take care of the funeral costs, pay off the debt she owes, have money available to repair her house and get it sold, and possibly have a little left over for my wife's nieces and nephews.

So can anyone out there recommend good term life companies/policy types?


Thanks in advance...

[ScrimpAndSave]

metlife is good.

[fruitbowlk]

selectquote

[Joan.of.the.Arch]

I have no company to recommend.

Usually any debt owed by the person who dies is paid out of their estate, such as from the sale of that house. It might be just as well for your MIL to pay any extra money to her debt, rather than to buying insurance. Your wife would NOT inherit your MIL's debt, so do not fear that. Also, I don't think a grandmother needs to try to provide an inheritance for her grandchildren, unless she is already their source of support. Money for her funeral could be an issue, I see. For a 67 year old, I sure would not try to buy any "extra" life insurance, but only what is really needed.

[tripods68]

A Good Tip: Don't buy AIG Insurance.

[feh]

A few years ago my wife and I bought term life from Western & Southern. I don't remember how we went about shopping, or why we chose them, unfortunately.