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The Financial Costs of Dying without Life InsurancePost

The Financial Costs of Dying without Life Insurance

It’s never easy to think about your death. But you never know what happens in life, so the last thing you want is to leave your family or loved ones with a huge financial burden. This is why it’s important to get life insurance coverage early on. Unfortunately, many have yet to realize the gravity...

It’s never easy to think about your death. But you nev...

Simple Tips When Choosing the Best Life Insurance ProviderPost

Simple Tips When Choosing the Best Life Insurance Provider

Thinking about buying life insurance? Have you started your search on finding a life insurance provider, but find it to be a bit of an overwhelming process? With several available life insurance providers out there how do you go about choosing the best one? While it’s great to have several choices, it can be difficult...

Thinking about buying life insurance? Have you started your ...

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11 Best Types of Life Insurance Policies ReviewedPost

11 Best Types of Life Insurance Policies Reviewed

According to a recent survey, about 37 percent of Americans do not own any life insurance policies. One of the main reasons for this is that they think it’s either too expensive or do not understand it. There are many types of life insurance policies. Trying to figure out which types of life insurance best suit...

According to a recent survey, about 37 percent of Americans...

Is Life Insurance Taxable? An Important Beneficiary GuidePost

Is Life Insurance Taxable? An Important Beneficiary Guide

Quick Note: Is life insurance taxable? This question is one of the most frequently asked questions when it comes to life insurance. The short answer to this very popular question is, no it’s generally not. In most cases the death benefit received from a life insurance policy is tax-free.   Keep reading to learn more about...

Quick Note: Is life insurance taxable? This question is one ...

Is A Modified Endowment Contract (MEC) Right For Me?Post

Is A Modified Endowment Contract (MEC) Right For Me?

Planning out your life is one of the most seemingly impossible things to do. You can’t control everything that happens, but you can certainly prepare for what could happen. That’s why purchasing a modified endowment contract may be a smart move on your end or a nightmare. A modified endowment contract is a policy for...

Planning out your life is one of the most seemingly impossib...

Is Dave Ramsey Right About Life Insurance?Post

Is Dave Ramsey Right About Life Insurance?

Think that all life insurance policies are the same? Not sure if your coverage is sufficient to cover your family’s needs in case of the loss of you or your spouse? Life insurance can be a daunting thing to consider. At its core, it covers two areas most of us aren’t comfortable examining: Our mortality and our...

Think that all life insurance policies are the same? Not s...

Life Insurance for Motorcycle Riders: What Rates to ExpectPost

Life Insurance for Motorcycle Riders: What Rates to Expect

Motorcycle riders are familiar with the feeling of the wind whipping through their hair as they speed down the highway. There is arguably no better way to get to your destination if you enjoy riding your motorcycle. As fun as riding motorcycles is, though, finding good life insurance for motorcycle riders can be a bit...

Motorcycle riders are familiar with the feeling of the wind ...

Single Premium Life Insurance: All Premium Payments Paid at OncePost

Single Premium Life Insurance: All Premium Payments Paid at Once

When it comes to buying life insurance, you’ve got many options. As such, figuring out which policy type is the best can be tricky. How much insurance do you need? How should you space out the premium payments? Who will ultimately benefit from the money? Questions such as these are common inquiries — and for a...

When it comes to buying life insurance, you’ve got man...

Benefits of an Irrevocable Life Insurance TrustPost

Benefits of an Irrevocable Life Insurance Trust

Nobody likes to talk about death. Eventually, though, it’s one topic of conversation, we all eventually will need to have. Life insurance is a sad but necessary part of that conversation. We take out policies that protect our families, our loved ones, by paying out in the event of our deaths. Something not a lot...

Nobody likes to talk about death. Eventually, though, itR...

Life Insurance Grace Period: Last Chance to PayPost

Life Insurance Grace Period: Last Chance to Pay

When it’s your life on the line, it pays not to mess around. Forgetting a payment, or not being able to meet one, is easy to do in the hubbub of modern life. This is especially true thanks to cascading debt in the average American household. Luckily, there’s such a thing as a life insurance grace...

When it’s your life on the line, it pays not to mess a...

Life Insurance Underwriting: What to Expect When ApplyingPost

Life Insurance Underwriting: What to Expect When Applying

Are you worried about what will happen to your dependents’ financial security after you die? It’s a common concern, but there’s an easy way to ensure your family’s finances are stable. By purchasing life insurance, you can fiscally help protect your loved ones by continuing to provide for them after you’ve passed away. The process of...

Are you worried about what will happen to your dependents...

Types of Life Insurance Beneficiaries: Primary vs Contingent BeneficiaryPost

Types of Life Insurance Beneficiaries: Primary vs Contingent Beneficiary

Whether you’re a wife or husband, or a mother or father, you have someone that’s important in your life. It could be a spouse or it could be your children. It may be a friend or even a business partner. Either way, you love them and want to make sure that they’ll be taken care...

Whether you’re a wife or husband, or a mother or fathe...

How much life insurance can I get?Post

How much life insurance can I get?

One in four consumers in the U.S. isn’t insured. The reason? They don’t have any idea how much life insurance they need and where to get it. This is the 5th top reason why people don’t buy life insurance in the United States. It goes after the other popular reasons, such as it being expensive and being...

One in four consumers in the U.S. isn’t insured. The reas...

The Facts About Life Insurance and SuicidePost

The Facts About Life Insurance and Suicide

It’s not always easy to think about, but it’s important to know about life insurance and suicide. The suicide of a loved one is difficult enough without the problem of a denied life insurance claim. In the aftermath of a death in the family, there is sadness, anger, and grief. Then there are the practical problems of...

It’s not always easy to think about, but it’s important ...

Life Insurance Death Benefit: The Most Important Features ExplainedPost

Life Insurance Death Benefit: The Most Important Features Explained

If there’s one thing we know about people, it’s that they love to shop. But one thing most people dread purchasing is life insurance. There’s just something dismal about planning the financial aspects of your death. Then on the flip side, you want your family to be alright after you pass. With life insurance, you...

If there’s one thing we know about people, it’s that the...

What Is Insurable Interest in Life Insurance?Post

What Is Insurable Interest in Life Insurance?

Life insurance is one of the most important forms of investment someone can make. It essentially ensures the financial security of anyone who depends on you. This also makes it one of the most popular types of investments since most people want to be sure their loved ones are safe no matter the circumstances. Typically,...

Life insurance is one of the most important forms of investm...

Medical Information Bureau (MIB) & Its Role in Life InsurancePost

Medical Information Bureau (MIB) & Its Role in Life Insurance

When you were a kid, you used to think that being an adult would be so cool. You could do whatever you want, when you want, and how you want. Usually, this meant things like having dessert before dinner (or even for dinner). What the adults tried to tell you was that, while yes you...

When you were a kid, you used to think that being an adult w...

The Ultimate Guide to Understanding The A.M. Best Rating ScalePost

The Ultimate Guide to Understanding The A.M. Best Rating Scale

For many Americans, life insurance is something that they’ll buy “one day.” But unfortunately, 30% of American households still remain uninsured. If you’ve decided not to be in the 30%, congratulations! But purchasing insurance can be complicated. You may have noticed the A.M. best rating scale. But how does it work? This system makes it...

For many Americans, life insurance is something that they...

10 Tips For Finding Cheap Life InsurancePost

10 Tips For Finding Cheap Life Insurance

Life insurance is important for a number of reasons. It ensures that your loved ones will be protected once you pass. This is particularly important if you have young children or people depending on your income to sustain their standard of living. You can also use life insurance to leave your kids an inheritance by...

Life insurance is important for a number of reasons. It ensu...

What Does the Life Insurance Medical Exam Test For?Post

What Does the Life Insurance Medical Exam Test For?

Life insurance is a wonderful way to protect your loved ones and give you peace of mind. Your life insurance provides money that can offset funeral costs and the sudden loss of income for your family. It can also help pay off any debts you may have left behind. Depending upon your family’s financial needs,...

Life insurance is a wonderful way to protect your loved ones...

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