Level Term Life Insurance: What It Is and How It Works

Term life insurance policies are a popular pick for many Americans, because they are generally the most affordable and convenient type of life insurance policy. Not only that, but there are multiple kinds of term life insurance policies to choose from, so most people will be able to find one that is right for them.…

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The Different Types Of Life Insurance Policies

Shopping for a life insurance policy can feel a little bit overwhelming, because there are so many different types - but the upside is that, with so many options, you’re sure to find a policy that fits your needs and budget. If you’re not sure where to even begin, we have listed multiple types of…

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How Depression Affects Life Insurance Coverage

Major depressive disorder affects approximately 17.3 million American adults, or about 7.1% of the U.S. population age 18 and older, in any given year. That means that, if you are suffering from depression, you are certainly not alone - and if you’re thinking about how this condition affects your family, and your options for providing …

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What To Do When Your Term Life Insurance Policy Runs Out

Term life insurance is great for people who need a life insurance policy for a specific period of time, like until a large debt is paid down or paid off. These policies can last you anywhere from 5 to 30 years, but what happens when your term life insurance policy comes to an end? What…

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Life Insurance for HIV Positive Applicants

While some of the focus has been taken off of HIV these days, the sad reality is there are still many people contracting and living with this virus in the U.S.: according to HIV.gov, about 1.2 million people in the U.S. have HIV. Fortunately, we have made great strides in controlling the virus with medication,…

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Key Tax Benefits of Your Life Insurance Policy

Most people don’t think that taxes and life insurance have anything to do with each other, but in reality, nothing could be further from the truth. One wrong move when purchasing your policy, and you and your beneficiaries could face large tax consequences, resulting in lost money. But on the other hand, if you play…

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Looking For More Flexibility In Life Insurance? Consider Variable Life Insurance

Shopping for the perfect life insurance policy? We get it, it can seem like there are endless options: you have to make the choice between term life insurance and whole life insurance, as well as research everything in between. But while you’re looking into all of these types of policies, you might want to take…

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Endowment Life Insurance Policy Explained

Are you looking for a life insurance policy that offers you a little something extra? If so, you might be interested in endowment life insurance, which is a specialized insurance product that doubles as a life insurance policy and an investment or a savings account. This type of policy is often misunderstood and therefore overlooked,…

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Replacing A Life Insurance Policy

In some cases, when you purchase a life insurance policy, you might be set for life. But, in other instances, you might have a change of circumstances or obligations in your life that require you to replace your life insurance policy. Replacing a life insurance policy requires some thought and knowledge before moving forward; there…

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Do I Need A Million-Dollar Life Insurance Policy?

Who couldn’t do with a million dollars, right? You might dream of making that much money, or of leaving that amount to your family so they won’t have to worry about money after you’re gone - and if you’re shopping for life insurance policies, you’ll find that million-dollar policies exist so that you can provide…

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What Type of Life Insurance Annuity Is Right for Your Family?

Did you know that when it comes to life insurance benefits, beneficiaries of a policy have options for how they get their money paid out? You can choose to have benefits paid out in one lump sum, but if you’d prefer to receive your money over a longer period of time, an annuity might be…

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Life Insurance Planning For Different Stages Of Life

When it comes to life insurance, your needs will vary throughout your lifetime. That means, in order to be adequately covered by your life insurance policy, you will have to consider what coverage you will need at different stages of your life, and plan accordingly. So what should your life insurance coverage look like at…

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Should I Get Life Insurance Or Just Use My Savings?

Having cash set aside for a rainy day is always a good idea: a savings account will give you a cushion of protection in the event of an emergency, and will help you in planning for your retirement. You might even think it will be enough for your family to live on in the event…

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Does Life Insurance Pay in Cases of Suicide?

Sadly, suicide is all too common: in fact, it’s the 10th leading cause of death overall in the United States. Many people think that if someone commits suicide, not only will their family be experiencing unimaginable grief, but their family will also be unable to access their life insurance benefits, because it’s a common misconception…

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What is Life Insurance Laddering?

Life insurance policies are not only incredibly useful, because they provide your family with the money they need after you are gone, but they are also more flexible than you might realize. You have the option to build a life insurance plan that works for you, commonly known as an insurance ladder, or life insurance…

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What is Insurable Interest in Life Insurance?

When many people think of life insurance, they think of purchasing a policy that will benefit their loved ones after they pass. But have you ever considered purchasing a life insurance policy on another person who you are financially dependent on? If you buy a policy to insure another person’s life that means you will…

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Key Person Insurance & Your Business

Running a company is not easy: not only are you busy with setting up your business, hiring the right people, and staying on top of your bills, you also have to worry about insuring your business so that you’re protected against property damage and lawsuits. But have you thought about insuring your most valuable asset,…

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How To Reinstate A Lapsed Life Insurance Policy

Forgetting to pay a bill can happen to anyone. It might even happen to you with your life insurance premiums, but it is important to be aware that missing payments can lead to the cancellation of your policy, and would leave your loved ones with nothing should something happen to you. If you are struggling…

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