Top Quote Life Insurance Blog

Category: Life Insurance Buyers Guide

Categories
Life insurance payout
Life Insurance Buyers Guide

Life Insurance Payout After Death: Claim Process & Timeline

When it comes to Americans’ top financial concerns, money after retirement leads the list, followed by other retirement-related concerns, which are long-term care and medical expenses. These concerns helped build consumer interest in owning life insurance, with 9 in 10 people agreeing on its importance. Most of the millennials (77%) now recommend owning life insurance.

Read More »
how much life insurance can i get
Life Insurance Buyers Guide

How Much Life Insurance Can I Get & The Rule of Thumb Theory

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

Read More »
life insurance and suicide
Life Insurance Buyers Guide

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

Read More »
life insurance death benefit
Life Insurance Buyers Guide

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

Read More »
insurable interest in life insurance
Life Insurance Buyers Guide

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,

Read More »
medical information bureau
Life Insurance Buyers Guide

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

Read More »
how does life insurance work
Life Insurance Buyers Guide

How Does Life Insurance Work?

Planning for your death is one of the toughest things to do. It’s a morbid and sensitive topic that can be difficult to talk about. Most people just don’t like to think about it. These are perfectly normal feelings to have. However, they will have consequences. Ignoring death’s reality can put a strain on your relatives when you die. Let’s

Read More »
a.m. best rating scale
Life Insurance Buyers Guide

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

Read More »
mortgage life insurance
Life Insurance Buyers Guide

Guide to Understanding Mortgage Life Insurance

Roughly 63% of Americans own a home. Your home is likely your largest – and your most valuable – investment. But if you pass away before you’ve paid off your mortgage, you could leave your family with the risk of losing the home. Did you know that about 26 percent of Americans do not have any emergency

Read More »
cheap life insurance
Life Insurance Buyers Guide

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

Read More »