Life insurance: you may not want to think about it too hard, but you need to. It can be difficult to consider the possibility of your own passing, but when you realize what the financial consequences of your death might be for your loved ones, you’ll realize just how important life insurance is. If you …
When to Update Your Life Insurance Beneficiaries Read More »
More than any other generation, millennials (born 1981-1996) are going without life insurance. In some instances this is understandable; perhaps you are debt free or never plan to have children. However, there are some considerations you should take into account before writing it off entirely. Here are some questions to ask yourself if you are …
You may think that the only parents who need life insurance are working parents, but that isn’t exactly correct. A stay at home parent is more than just a mother or father. These individuals wear many hats: tutor, chef, chauffeur, housekeeper, caretaker, and more. The true value of these duties is priceless, but the economic …
If you are reasonably healthy with no preexisting medical conditions, it is likely that your best bet for getting great life insurance at a low rate is to take a physical exam. This exam determines if you are prone to illnesses that would make you a higher risk to insure, such as diabetes, heart disease, …
Selecting a life insurance policy is an important step for planning ahead and taking care of the financial well-being of your family. But can you still get coverage if you aren’t a US citizen? In most cases, yes. There are very few instances where your citizenship status disqualifies you from coverage. The circumstances of your …
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 »
