Consider whether you need term or whole life insurance. When you’re in the market for life insurance, you’ll soon find out that there is no one-size-fits-all policy. In fact, there are many different policies to choose from, all with varying coverage and premiums. Part of the search for finding the right coverage for your Read More
What you should know about no-exam life insurance policies. Many people purchase life insurance to help secure the financial stability of their loved ones after their death. In most cases, you must submit to a medical exam in order to purchase a life insurance policy because the insurer wants to assess your risks. From Read More
Do you already have life insurance coverage in place? Life insurance. A policy that most people need but very few take the time to understand and purchase. You may think that you only need to think about getting a life policy when you have a mortgage, three kids, and a stable career. Think again. Read More
Combine life insurance with long-term care benefits for better protection. Long-term care insurance is something many of us tend to overlook. After all, there’s a risk of buying such insurance, spending tens of thousands of dollars on it, and then never needing it. These types of policies pay for nursing homes, assisted living or home Read More
The importance of securing permanent life insurance coverage. Shopping for life insurance isn’t on anyone’s list of fun things to do. It can be stressful and daunting to secure coverage that will protect your loved ones when you’re no longer around to do so. One of the first things you probably want to understand, though, Read More
Top reasons that aren’t good enough for not buying life insurance. It’s not uncommon for families to put off buying life insurance. The excuses that come up are usually the same. Purchasing life insurance may not seem like a priority but accidents can happen when you least expect them. When you put off buying life Read More
Understand how family history can influence your term life insurance premium. In the life insurance application process, it’s common for insurers to ask questions about your family’s medical history. When you’re purchasing term life insurance, it’s useful to know how your family’s health can impact your premiums. Did your grandparents smoke a pack a day Read More
How whole life insurance can benefit you. Most of us understand that we need life insurance coverage of some form. While many take out term life insurance, which is temporary life coverage, whole life (or permanent) insurance coverage is overlooked. Permanent life insurance is not an insurance product that can be taken lightly, although it Read More
Your age and your life insurance policy. Life insurance premiums are based on two major factors: age and health. All other factors being equal, the younger and healthier you are, the cheaper your life insurance policy will be. Many people are unaware of this, which means that they wait until they are older and possibly Read More
Avoid making these life insurance traps that could cost you. Before you buy a life insurance policy, you should know the mistakes that previous policyholders have done. This helps you to navigate the life insurance industry and secure the right coverage for your needs. If you don’t, you could end up paying too much, securing Read More