How Does Temporary Life Insurance Work?

Written by Minerva Landon So you’ve finally decided to get a life insurance policy? Good choice! But now that you’ve applied for a policy, are you worried about the time it will take for your policy to go into effect? Don’t worry, you do have an option for immediate coverage: temporary life insurance. Find out…

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How Long Should My Life Insurance Policy Last?

Written by Minerva Landon Life insurance comes in many different shapes and sizes, so there’s always a policy that will meet your needs. But how do you know what type of policy is right for you? For example, should you go for a more temporary type of life insurance policy, like term life, which you…

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Irrevocable Life Insurance Trust: The Ultimate ILIT Guide

Written by Minerva Landon People are often unaware that, when they die, their estate can include the death benefit of their policy (depending on the policy’s value) because of tax laws. This means their beneficiaries will have to pay estate taxes on their death benefits. But setting up an irrevocable life insurance trust, often referred…

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Do Credit Scores Affect Life Insurance Premiums?

Written by Minerva Landon When you apply for a life insurance policy, in most cases the insurer will dive into your background, looking at things like your driving record, your medical records, and even your hobbies. They do this to determine how much of a risk you will be for them to insure you. But…

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Life Insurance Dividends Explained

Written by Minerva Landon With so many different types of life insurance policies available, it can be quite confusing to figure out which particular policy is right for you. One type of insurance plan you should strongly consider is a whole life insurance policy. If you do decide to go with a whole life insurance…

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Can You Have Too Much Life Insurance Coverage?

Written by Minerva Landon Is there such a thing as too much life insurance? If you're shopping for life insurance, one of the questions you might be asking yourself is, “How much life insurance do I need?” Well, the answer is that your coverage should meet your specific needs. But more is not necessarily better,…

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Flat Extra Charges For Life Insurance

Written by Minerva Landon One of the worst things that can happen when you are purchasing anything is finding that there are extra charges that you were not expecting. With life insurance, if you are shopping and have a high-risk situation, whether it is a medical condition or a job, then you might face flat…

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Affordable Life Insurance For Heart Attack Survivors

Written by Minerva Landon A heart attack is one of the scariest things a person can go through. Once you survive it, it might have you thinking about life insurance and making sure that your family is safe in case something ever happens to you again. However, one of the questions you may be pondering…

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Is It Time to Review Your Life Insurance Coverage?

A lot of people consider buying life insurance a one-and-done thing. And sure, once you purchase a policy, your family will be financially protected, as long as you keep paying your premiums. But with that being said, there are certain situations in life when you should review your life insurance policy, and decide if you…

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Life Insurance for Dads: 4 Things To Know

If you’re a dad, you’re probably the go-to guy in your family for a whole lot of issues. Your family relies on you every day, probably more than you even know, so what would they do if something were to happen to you? Aside from dealing with the immense grief of losing their husband and…

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Return of Premium Life Insurance

Are you looking into a term life insurance policy, but worried that you might end up paying a lot of money in premiums over the years, without your family getting any benefits in return? You might want to look into what’s known as a return of premium life insurance policy. These policies allow you to…

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10 Commonly Misunderstood Insurance Terms

Insurance lingo can be confusing, which can leave you feeling a bit overwhelmed, or even downright turned off if you’re trying to purchase a policy. Trying to understand terms like contestability period, underwriting, accelerated death benefit, and more can be enough to make you want to close your laptop and give up. Don’t worry, though,…

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4 Misconceptions About Life Insurance

There are many misconceptions about life insurance, and these misconceptions can turn people off from even looking into purchasing a policy. In fact, a lot of people are just plain confused about life insurance! To help clear things up, we want to talk here about what life insurance is not, in order to help give…

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What is Direct Term Life Insurance?

We are living in a time when convenience is king, and you can shop and purchase anything with the click of a mouse or the touch of your finger. Many consumers now prefer to do their shopping online, even for things that traditionally needed to be done in person, like purchasing life insurance. This is…

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Is It Too Late to Get Life Insurance in Your 80s?

Is it ever too late to get life insurance? For example, what if you’re already in your 80s - would it be pointless to purchase a policy, and would you even be able to? Well, actually studies show that the typical limit set by most insurers for purchasing life insurance is around 90 years old.…

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Why Coverage Matters for Caregivers

If you take care of a loved one, know that you are not alone. One recent study shows that 43 million Americans are currently acting as unpaid caregivers for a loved one. This can create a large financial burden on you and your family, but one way you can be sure that your family will…

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Inflation and Life Insurance

It’s no secret that the price of everything has been steadily rising, making it harder and harder to afford even simple things like gas and groceries. And inflation doesn’t seem like it’s going to ease up anytime soon, leaving many Americans worried and afraid - and rightfully so, since it’s not easy to deal with…

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Can Someone Take Out a Life Insurance Policy On Me?

If you’ve watched any amount of television or movies, the thought has probably crossed your mind: can someone take out a life insurance policy on me without my knowledge? Fact or fiction, the concern is real. No one wants their death to be the reason someone benefits if it’s not something you were made aware…

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