Life insurance is a policy that pays a predetermined sum of money to the policyholder’s beneficiaries if the policyholder dies unexpectedly. This money can come in handy in clearing debts, paying estate taxes, covering funeral expenses, and even paying for the beneficiaries’ education and healthcare. Here are five instances where life insurance can provide for Read More
The 2010 Affordable Care Act (ACA) requires health insurance providers to cover preexisting conditions, per the U.S. Department of Health and Human Services (HHS). While this has enabled millions of Americans to access life insurance so far, insurance companies tend to charge higher premiums for those with preexisting conditions due to the high risk involved. Read More
If you are a full-time employee, you almost certainly have access to life insurance through your employer. Choosing life insurance through work does give you the opportunity to supplement your employee benefits package; however, it is important to ask yourself if you have enough coverage if you simply rely on the life insurance policy offered Read More
Having life insurance through work is a real perk to the job. It provides you with some coverage that helps to protect your family when you are no longer around to support them. Yet, you shouldn’t just rely on your work-provided life coverage to safeguard your family’s finances. Taking out your own third-party life insurance Read More