It’s true that anyone can benefit from the peace of mind that comes with holding a life insurance policy, although certain groups are at far lower risk of imminent death than others. No one would assume that a young, healthy, twenty-something suffers the same risks as an octogenarian, for example. Yet, there is a common […]
What Does Life Insurance Cost?
This is not an easy question to answer because there are so many variables involved in determining an individual life insurance policy, as with almost any form of insurance. Auto insurance, for example, is based partially on the make, model, year, and value of the car you drive. However, even if you and your neighbor […]
Top Life Insurance Companies 2017
There are a couple of reasons why most adults put off researching life insurance options. For one thing, it can seem like an unnecessary expense when you’re a healthy twenty-something with a limited income, and truly, your risk of death is probably fairly low. However, seeking life insurance also forces you to confront your own […]
Life Insurance After Divorce
Life insurance is always a good idea. Even if you’re on your own, you want to plan for end-of-life expenses in the event of your untimely death. You don’t want your parents, siblings, or extended family or friends to find themselves on the hook for covering funeral expenses because of your bad planning. Of course, […]
Does Life Insurance Get Taxed?
As the saying goes, there are only two guaranties in life: death and taxes. The whole idea behind purchasing a life insurance policy is to provide for your family in the event of your death. However, whenever money changes hands, the government wants their share. In some cases, the beneficiaries of your life insurance policy […]
Life Insurance for the Elderly
As people get older, they often look back fondly on their misspent youth. But if you spent your money on toys, vacations, and frivolity, you may end up wishing you’d been a little more responsible and purchased a permanent life insurance policy when you were young, healthy, and eligible for incredibly low rates. Even those […]
Life Insurance After Cancer
Life insurance is a long game. Insurance providers are betting that they’re going to get their money’s worth (and then some) out of plan participants before they die and the company has to pay out on their policy. Consumers, on the other hand, are betting just the opposite, in a sense. It’s a strange concept […]
Is Life Insurance Worth It?
This is a very difficult question to answer because the need for insurance is subjective (unless it is mandated by law, as it is with health and auto insurance across most of the country). We all know that one day our number will be up. Even more than taxation, death is a foregone conclusion. For […]
Life Insurance for Diabetics
There are two great reasons to purchase a life insurance policy. First and foremost, you want to make sure that your loved ones are cared for in the event of your passing. You don’t want them to face the prospect of paying for your end-of-life expenses or being burdened by debt associated with a mortgage, […]
What Is Whole Life Insurance?
Many people confuse whole and universal life insurance, thinking that the two terms are interchangeable. This is not surprising, considering that they both fall under the category of permanent life insurance coverage. Unlike term life insurance, which has a set term after which the policy expires and unused benefits are lost, permanent life insurance offers […]
