The number of American life insurers has fallen rapidly in recent years, declining by more than 50 percent from the industry's late-1980s peak. Nevertheless, there are still nearly 1,000 agencies operating in the United States today. Thanks to brutal competition between insurers, life insurance shoppers have a dizzying array of seemingly interchangeable policies from which […]
Like most auto insurance products, traditional term life insurance policies confer payouts or refunds to policyholders or their beneficiaries only if certain conditions are met. In the case of auto insurance, policyholders looking for compensation must be able to demonstrate that the covered vehicle has been damaged, destroyed or lost. For their beneficiaries to receive […]
With so many similar policies from which to choose, the process of shopping for life insurance can be overwhelming. It also tends to be highly personal. To secure the best possible deal for themselves and their beneficiaries, the savvy life insurance shopper carefully considers his or her family's needs and purchases protection accordingly. First-time buyers […]
Determining whether you need life insurance is easy. Unless you're nearing retirement and have a great deal of personal savings stowed away, your family needs some amount of protection. However, determining exactly how much insurance to buy can be a complicated affair. While some experts insist that a life insurance policy equal to 10 times […]