5 Common Life Insurance Scams

Purchasing insurance requires giving a lot of personal information to insurers, and scammers know this: they will try to get you to purchase a policy just so they can get your private and sensitive information. The last thing anyone wants to deal with is a scammer. Between the constant scam call, texts, and emails that…

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How To Choose a Life Insurance Beneficiary

If you’re searching for a life insurance policy, you probably have a checklist of what you want in a policy, such as affordability and adequate coverage. But have you thought about who you will name as your beneficiary or beneficiaries? You want to make sure that you designate the right person/people as your beneficiaries so…

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How Life Insurance Companies Use Data

Generally, when businesses collect information about your shopping habits, they are trying to better understand what customers want, and to find ways to improve their products. Insurance companies are no different, and with so many of us shopping for insurance online, insurers are also collecting data so they can improve their products, offer different products,…

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Life Insurance For People With Epilepsy

Did you know that 1 in 26 Americans will develop epilepsy during their lifetime? This condition can have a big effect on your life - it can even affect your life insurance policy. Like any medical condition, epilepsy can make getting a life insurance policy a little more complicated, because life insurance companies will flag…

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How to Compare Life Insurance Quotes

Choosing a life insurance plan is not an easy task. You need to make sure that you review all of your options and choose the policy that best meets your and your family’s needs - and there are so many different kinds of policies to choose from that comparing them can take a lot of…

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Can I Leave My Life Insurance Benefits to My Pet?

What do you think about when you hear “life insurance”? You probably think about purchasing a policy so you can make sure that your spouse, children, or other loved ones can be financially secure after you are gone. But maybe you have another idea of who you’d like your life insurance money to take care…

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Benefits of Whole Life Insurance

Life insurance is one of those things that you might think about from time to time, but put off purchasing, which could mean higher rates when you do decide to purchase a policy. Or maybe you have a policy through work, which will be terminated once you’re no longer working, or minimal, temporary coverage with…

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Individual vs. Group Life Insurance: Which is Best For You?

When it comes to a life insurance policy, you have a lot of options. Your employer might even offer group life insurance as part of your benefits package, which can seem like an easy choice for protecting your family. But while group life insurance can offer you and your family affordable financial protection, in many…

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Survivorship Life Insurance – What You Should Know

Survivorship life insurance, or second-to-die life insurance, is a type of life insurance policy that allows you to cover both you and your spouse. This means that, when you both pass, your family will receive death benefits from both of you. In other words, while you will both be named on the policy, death benefits…

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What Happens to Your Life Insurance if You Declare Bankruptcy?

These days, millions of Americans are finding it difficult to pay their bills and keep up with the rising cost of living, so they have no choice but to file for bankruptcy. You might have found yourself in this situation, meaning you’ve had to deal with the many ways that filing for bankruptcy can affect…

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Do Men Pay More for Life Insurance?

It is no secret that, on average, women live longer than men do. In fact, women's life spans are almost 8%  longer on average than men's life spans. So does this make a difference when it comes to buying life insurance? In general, yes: life insurance companies know these stats, and typically view men as…

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Life Insurance for People with Dementia

A diagnosis of Alzheimer's disease or another type of dementia can be devastating for you and your family. It can be scary, and you might also be worried about the financial impact of the disease. Expenses can include nursing homes, assisted living, or even hospice care as the disease progresses, which could end up being…

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Advantages of Hybrid Life Insurance with Long-Term Care

Have you ever heard of hybrid life insurance? If you haven’t, you’re not alone. But this type of policy can be very useful, and it’s growing in popularity. Essentially, hybrid life insurance combines both long-term care insurance and life insurance into one policy, meaning you’ll get unique benefits for you and your family as you…

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Life Insurance Rates for Diabetics

When it comes to life insurance rates, your health plays a big role: the unhealthier you are, the more you will have to pay in premiums. That means having chronic conditions like diabetes could lead to higher rates, but the good news is that this condition no longer means being denied life insurance, and it…

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What Happens If Your Life Insurance Company Fails?

Unfortunately, businesses can fail, which often leaves their customers wondering what the next step is for them. And life insurance companies are no different. Life insurance companies can fail, leaving their customers full of questions, mainly what will happen to the policy they have been paying into, and what the next step is for them…

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How to Find a Lost Life Insurance Policy

Doesn’t it feel like it happens all the time? When you need a document or other important thing, it’s nowhere to be found. This scenario could easily happen with a loved one’s life insurance policy, and if it does, you might panic - but there’s no need to worry. You and your family will not…

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Average Life Insurance Payout Time

If you are wondering how long it takes for a life insurance company to pay out life insurance benefits, you should know that there are a variety of factors that determine this. How long it takes to receive the payout depends on how the policy is structured, and how long it takes the insurer to…

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Help! Why Have My Life Insurance Premiums Increased?

Life insurance is usually pretty inexpensive, especially if you buy it when you are younger and healthier. It’s also a worthwhile expense: having a policy will provide a financial safety net for your family. And, in general, you will know exactly how much you need to budget for, since most life insurance policies will remain…

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