Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies?

Two business partners carry 15 year term life insurance. The insurer pays 100, 000 for each partner who dies within 15 years, and 0 for each partner who does not die within 15 years. The remaining lifetimes of the two partners are independent and each are uniformly distributed on [0, 15]. Determine [...]

Any disadvantages to having two (20 & 30 yr) term life insurance policies for half the amount each?

This is in place of one 30 yr term life policy for the entire amount. We have quotes that show a lower combined premium when we split the policies; by about $200 a year. Insurance is for 41 year old male, preferred plus category.

Is long term care insurance worth the cost? Would I be better to just invest in a mutual fund each month?

I am 59 but diabetic. I think I run an above average chance of needing long-term care in the future. I do not want to exhaust all my savings and home to pay for nursing home care.

Why is home insurance limited to each and every different type of disaster?

The home is either livable or NOT livable…it matters NOT what disaster ruined the home..
Why then is it that you have to pay extra for each different type of circumstance? An accident is an accident…. a disaster is a disaster… the home can only be burned, flooded, distroyed by earthquake / tornado / [...]