Category Archives: Life Insurance

A life insurance policy is important if you have someone depending on you for financial support. You may be interested in whole life insurance. Well, here are 4 questions answered about whole life insurance. 1. What is whole life insurance? It is an insurance policy that offers life coverage and an investment opportunity to you. The investment may be in bonds or stocks. The premium you pay i......
Have you ever been turned down for term life insurance coverage? Guaranteed issue term life insurance was created for those who have trouble obtaining basic term life insurance coverage. Guaranteed issue term life insurance is also known as a simplified issue policy.” You are automatically accepted for coverage without being required to submit to a medical exam. In exchange for guarant......
Alot of people are still concerned of their spouse and families’ situation after they’re gone. Savings in the bank or even their retirement funds are sometimes not adequate to cover the replacement earnings or expenses of their families after their passing. For this trouble, there’s a potential solution – permanent insurance. A permanent insurance, also known as cash ......
There are many reasons to put together an estate. One of the main reasons for those who already have grown children is to ensure that their assets are divided and distributed equally among all the heirs. Adding a life insurance policy to your estate planning can help in a variety of ways. What to Know First One huge myth in purchasing a life insurance policy is that the best thing to do is t......
Life insurance offers several benefits to families. They include monthly benefits for a husband or wife, children or relatives. Another option is to take a global payment instead of monthly ones taking into account the period between the first payment and the time of death. When reposting the death of the policyholder to the insurance company, there are several options. This can be reported ......
So, you have recently had your new baby and are now wondering whether it is a good idea to take out a life insurance policy on him/her? Perhaps your insurance agent has been suggesting it. What you may find out may come as quite a surprise. We have all seen the ads on TV featuring a pitch of insuring your small child. Gerber Life is one that most all of us have seen at one time or another. T......
With so many different types of policies available it’s important to be able to choose the right one for you and your family so that everything you need to cover is covered, as well as ensuring that you are not paying for any features that you don’t need. What are the different types of life assurance? The basic criterion of a life assurance policy is that it pays out a lump sum ......
Buying term life insurance can be a daunting experience for some people. Just like in many industries, insurance policies use words that are defined differently than what the common definition is. As the insurance industry has a vocabulary of its own, the best thing to do would be to educate yourself on some of the key words so that when it comes time to apply for your term life insurance co......
Usually term life insurance is purchased for the protection of the family. It is purchased with the idea that in the event of your death, your spouse and children will be financially secure and able to continue with their way of life from a financial view point. It also enables your family to pay for your burial and funeral expenses as well as pay off all other debts incurred by you while yo......
If you have a life insurance policy there is a good chance that you have heard of life insurance settlements.” But if you have not, there is no reason that you should worry. The fact of the matter is that life insurance settlements are not right for every policy holder, and even if you know what they are there is a good chance that you will never move forward with the process. But with......