Category: Life Insurance

One million dollars sounds like a lot of money, right? But in terms of a life insurance policy, it really isn’t a crazy amount when you think about all the debt, like mortgage and car payments, as well as other monthly and daily expenses, that your family would be left with if you were to…

In many cases, people think that only the breadwinner of a family needs to have a life insurance policy, since they bring in most of the family’s income, and it is their income that would need to be replaced. But what about families in which both partners make an equal income? Do both spouses need…

No matter your age, choosing a life insurance policy is an important step in planning for your future. But qualifying for life insurance can be difficult if you’re older or in poor health. So if you’re in this situation, you would naturally want to find a simpler way to get yourself covered. No-exam life insurance…

Life insurance is a major part of a family's financial security, and with the right policy, you can make sure that your family will be protected in case the worst happens. So looking for a policy is the right choice! But you’ll need to apply for a policy, and you should know that life insurance…

You might have a lot of preconceived notions about what it takes to get a life insurance policy. You might even be put off by how frustrating or difficult you think the whole process will be. But the expectations that people have when looking for a life insurance policy are not necessarily the reality. Knowing…

There are a whole lot of life insurance policies out there to look into. In fact, there are multiple types of whole life insurance alone, one of them being graded benefit whole life insurance. This type of policy can be good in certain circumstances. To determine if your circumstance is a good fit for graded…

Around 1 in 12 people (25 million people) in the US have asthma, and the numbers continue to increase every year. For these 25 million Americans, life insurance might seem like an impossibility because their condition could mean higher premium prices. And while having asthma does affect life insurance because it’s a pre-existing health condition,…

As a small business owner, you’ve worked very hard to build your business, and you want to make sure that you can keep it going for a long time, even after you are gone. You might be wondering what will happen to your business after you pass away, and how your loss will affect your…

If you currently have a life insurance policy and are thinking about changing or replacing it, you should first weigh all the pros and cons of doing so. There might be several reasons why you are considering changing or replacing your policy, but depending on your situation it might not be a good idea. In…

When you apply for life insurance, insurers will usually look into your driving record, credit history, and most importantly, your medical history to determine how much of a risk you are before they offer you a policy. And while they will be somewhat lenient with certain health conditions,  with others, they might offer you less…

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 how much it costs,…

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 how in-depth do they…

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 can purchase for a…

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 is whether life insurance…

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 policy you will have…

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, since the higher the…

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 extra charges for life…

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…