During the life insurance underwriting process, the insurer requires you to undergo a medical exam to assess the risk of insuring you. If you have an underlying condition such as hypertension, diabetes, or cancer, the insurance provider may deny you coverage due to the high risk, unless your policy is employer-based, according to the U.S. 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
According to the 2020 Insurance Barometer study from LIMRA, 36% of Americans plan to purchase life insurance coverage in the next year, meaning the intent to buy a life insurance policy is high. With this in mind, here are a few essential tips to get started with life insurance. Evaluate Your Financial Situation You need Read More
When you have been busy for so long, it can be difficult to find a moment to think about the future. For most people, it’s an important part of financial planning. Considering your family’s future financial needs means assessing your need for life insurance. If you are without life insurance currently, that doesn’t mean you Read More
In this busy world of ours, the mind is constantly pulled from one thought to another, leaving us feeling stressed and highly-strung. Many of us don’t think we have even a few minutes to sit down and meditate, despite how beneficial it can be to our overall physical and mental health. It’s important to take Read More
How much life insurance protection is enough? It’s a common question that has a number of answers. While a lost life can never be replaced, life insurance is a good way to protect the lifestyle you’ve built for you and your loved ones. Whether you are a corporate leader or a homemaker, you are a Read More
Women, like men, frequently believe that they are exempt from needing life insurance. Here is why females need it just as much as their male counterparts. Today, women have more financial responsibilities than ever before. Whether you are single, married, employed, or a stay-at-home mom, it’s clear that all women need life insurance. After all, Read More
Many people often think that being uninsured is saving them money, but this thinking is flawed and objectively incorrect. Humans are species that tend to think about their short-term well-being rather than their long-term. Evolutionarily, it makes sense: Escape the hungry jaguar now, worry about what berries you’ll eat later. This mindset is hardwired into Read More
If you want to keep your family as safe as possible for the uncertainty of the future, follow these financial tips. It’s difficult to get our finances in order. Not because it’s particularly difficult, but because when we tend to think of finances and order, we tend to think tedious work and boredom. In fact, Read More
Picking the right life insurance plan is no walk in the park, but you can ease your stroll with these helpful tips on how to pick the right life insurance plan. Talking about life insurance can be an uncomfortable and morbid conversation for anyone. Who likes talking about their own eventual death? But it’s important Read More