Take Time to Carefully Review Your Policy and Ask Questions
Despite their simple purpose and straightforward financial structure, life insurance policies may come with an exceedingly complex collection of caveats, riders and coverage exemptions. Life insurance shoppers frustrated by the time-consuming process of vetting individual policies and choosing proper levels of coverage may fail to perform adequate due diligence. In a worst-case scenario, policyholders who […]
Life Insurance Exclusions
With conflict and violence around the world, I often get asked if Life Insurance policies cover you in an act of war, or in an act of terrorism. I made this video with some information on Life Insurance Exclusions.If you don’t feel like reading this post, go on down to the end and watch the […]
What to Expect in a Medical Exam
Traditional medical life insurance policies require a detailed medical history and a medical exam by an insurance company-approved physician. Simplified-issue policies eliminate this step of the application process, but they will still require certain medical information from the applicant. A guaranteed-issue policy will not require any medical information from the applicant. Simplified- and guaranteed-issue policies […]
Buying Affordable Term Life Insurance
How do you buy an affordable term life insurance policy that meets your needs? The pricing of your policy is based on the amount insured and any riders it includes. Choosing the right insurance policy comes down to deciding on these key features and then shopping for the best rate. What’s the Difference Between Term […]
Life Insurance For Dummies: Basics You Need To Buy Smart
Ok, I apologize. You’re not really a dummy. After all, they didn’t teach us Life Insurance 101 in high school or college.It could have been more helpful than calculous, I’ve still never used that in real life. So if you’re buying insurance for the first time or even the 2nd time, this blog post will […]
How Do I Get the Best Price for My Insurance Policy?
Even as downsizing and consolidation afflict other segments of the financial sector, the market for term life insurance has become increasingly competitive. This is good news for consumers; policy premiums continue to drop as actuarial models improve and life expectancy increases. Then again, the sheer variety of available term life insurance policies presents the average […]
Why Do I Need Life Insurance?
Life insurance is designed to pay for an individual’s funeral costs, debts, taxes and other expenses after his or her death. It is particularly beneficial for young families with children, individuals with dependents or those who want to ensure that they are able to provide for their loved ones even after they are gone. Many […]
How Does My Health Affect My Ability to Get a Life Insurance Policy?
When you apply for life insurance coverage, the insurance company is going to look at a dozen different factors to determine how much they are going to charge you every month for your life insurance. All of the different factors are going to play a huge role in your premium amounts. Life insurance rates are […]
What Is Accidental Death Benefit Life Insurance
Life insurance is an excellent safety net that you can buy for your loved ones. Nobody wants to think about something tragic happening, but you never know what’s going to happen tomorrow. If you were to pass away, your loved ones could be left with a mountain of debt and other final expenses. When you’re […]
Why Take Out 10x Your Salary?
Take a look on the Internet for resources about choosing the amount of life insurance you need to take out, and you’ll find some fairly standard answers, but also a lot of ambiguity. Figuring out how much life insurance to get is a fairly complex decision, and one that varies on a case-by-case basis. Still, […]