Permanent life insurance, sometimes referred to as whole life insurance, is a policy guaranteed to remain in force for the insured’s entire lifetime as long as the premiums are paid. While it serves its purpose of helping your beneficiaries when you pass away, it can also help you financially during your lifetime in several ways. …
Whole Life Insurance Can Be Useful During Your Lifetime Read More »
Choosing a life insurance plan can be a daunting task because there are so many factors to consider. What are your risks? How much coverage do you actually need? How much will it cost? The stakes are high when it comes to life insurance, because it’s the one type of insurance that requires your death …
Questions to Ask Yourself Before Getting Life Insurance Read More »
As a former smoker, you heard it a million times: you need to stop smoking for your health and your budget — including life insurance rates. So you did! And you started using smoking cessation products like gum, patches, or e-cigarettes that contain nicotine in order to kick the habit. However, the time has come …
Do Nicotine-Replacements Raise Life Insurance Rates? Read More »
Many people are only on the group life insurance policy offered by their place of work. Is that a bad thing or a good thing? Well, that depends. Take a look at some pros and cons of both types below. Group Life Insurance Pros & Cons The base life insurance you receive from your employer …
While it is true that life insurance is very beneficial for married couples and those with kids, that does not mean life insurance can’t be for singles too. Regardless of the fact that nobody is dependent on a single person’s income, there are still instances when life insurance is necessary for singles. Take a look …
Why Life Insurance is Important for Single People Read More »
Life insurance is nobody’s favorite subject of conversation. Most people associate it with expensive monthly premiums and, more importantly, their own mortality. For that reason, many people aren’t sure how life insurance works, or what their options are. However, thinking about your policy is very important! It is intended to lessen the impact of death …
Most of us don’t like to think about what happens when we die or life insurance. However, it’s important to prepare ourselves and our loved ones whether we like it or not. Having life insurance on your side can only help for when the time comes, but there are some myths and fears about the plan …
