All About Voluntary Life Insurance

When it comes to life insurance plans, there are so many different options to choose from. Different policies offer different advantages and different coverages. Two of the most common types of life insurance policies include term life (only effective for a predetermine period of time) and permanent life (insurance coverage Read More »

Can I Claim Life Insurance as a Business Expense?

Life insurance is one of the best investments you can make. Not only does it provide your loved ones with financial stability when you pass away, but if you own a business, it can also protect your company. If you’re a business owner, you might be wondering if your life Read More »

Are Life Insurance Payouts Taxable

If you have a family, it’s likely that you invested in life insurance as a way to provide your loved ones with financial security in the event that you pass away. However, you may be wondering if, when you do pass away, the proceeds from your life insurance policy will Read More »
top life insurance companies in america

Top 25 Best Life Insurance Companies in America

Shopping for life insurance can be stressful. However, there’s one thing life insurance shoppers agree on - buying life insurance takes an enormous load off your back. The moment you pay your first premium on a good life insurance policy, you can rest assured that your loved ones will stay Read More »

Why You Should Stop Saving Money

You might be too concerned with saving money.  You might want to even stop saving.  That isn't the traditional advice from a financial advisor.  But in 2018 the rules are a little different.  With the price of housing near cities in the United States, and the rate at which it Read More »

Can you Borrow From Life Insurance to Buy a Home?

If you are buying a home, you know how expensive it can be.  The median home price is about $200,000 in 2017 and rising quickly.  In some markets you will be hard pressed to find a home for less than $500,000.  A standard mortgage requires a 20% down payment.  In Read More »

Life Insurance Companies Moving Away From the Medical Exam

The life insurance industry is finally modernizing.  After years of the old style model of an agent cold calling people, getting meetings, and trying to sell a policy the client didn't understand, things are finally starting to change.  It is easier than ever to buy a policy online, and the Read More »

Life Insurance with Cancer and How to Get it

You can get life insurance if you have cancer.  We help our clients obtain valuable policies every day when they have cancer or any number of other serious diseases.  The caveat is that the process is a bit more involved than the standard way.  It will take a little more Read More »

Don’t Buy Whole Life Insurance

Here is a secret most life insurance companies don't want you to know.  You shouldn't buy whole life insurance.  Why are we telling you this?  It sounds like a strange thing for a life insurance company to say.  But at Life Ant, we are more concerned about giving our clients Read More »

How Much Life Insurance Costs

If you are looking for life insurance, you might be wondering how much it costs.  You may even have already received a quote, but you don't know if its a good price or not.  If you have an older policy, you may wonder if prices have gone down or up Read More »

If you have an Annuity do you also need Life Insurance?

Fixed annuities became very common investments when interest rates were really high.  They also enjoyed bumps during the market turmoil after the ".com" bubble burst in 2001, and the subprime mortgage crisis in 2008.  The reason they became popular during times of high interest rates was because people were locking Read More »

How to Apply for Life Insurance Easily

Applying for life insurance does not need to be a complicated process.  We always help our clients at Life Ant through the entire application, from finding the right policy to applying to managing your policy. The life insurance application can appear daunting.  It involves many pages of questions involving your Read More »

Life Insurance with a 401K- Do you Need Both?

Here is a common scenario.  A wife and husband both have retirement accounts through work.  They probably contributed to them for different amounts of time, and one may be quite a bit larger than the other or they may roughly be the same size.  Now in their mid-30s, they are Read More »

Risks of Relying on Employer Sponsored Life Insurance

Many companies offer life insurance as a benefit to working for them, much like medical insurance or disability coverage.  Your employer may offer it for free, or you may pay a small amount from each pay check, usually just a couple of dollars.  The question is, is this free or Read More »

Guaranteed Issue Life Insurance Explained

Guaranteed issue life insurance is a form of "no medical exam life insurance".  Just like it sounds from the name, a life insurance company can not deny a policy if someone applies for a guaranteed issue policy.  While this sounds great, there are some very important catches to this type Read More »

Single Premium Life Insurance Explained

A financial advisor may propose a single premium life insurance policy instead of a policy that requires annual premiums, typically to high-end clients.  A single premium life policy also known as (SPL) is a pretty straightforward life insurance concept, but this type of policy has some nuances that are important. Read More »

Level Term Life Insurance Explained

Most term life insurance policies are what are known as a "level term policy" type.  A level term life insurance policy is one that is not permanent, but the death benefit and the premium rate stay the same for the specified term of the policy.  A level term policy may Read More »

What to do if you Lose your Life Insurance Policy?

First of all don't worry.  Insurance companies are required to pay death claims even if the beneficiary can't find the policy of the insured person.  Just because you can't find a policy doesn't mean that the contract isn't still enforceable in it's original form.  You don't need to buy a Read More »

Whole Life Vs Term- A Comparison

There is a lot of misinformation and half truths out there when it comes to comparing whole life against term life insurance.  We want to set the record straight.  There are benefits and downsides to both kinds of life insurance and the "best" kind for you could be either type, Read More »

Can I Avoid a Paramedical Exam When I Buy Life Insurance?

There are many reasons why someone might want to avoid taking a paramedical exam, which is also more commonly known as a life insurance medical exam or a paramed.  Some are not sinister, it may make you nervous to have someone examine you for instance.  Some people may want to Read More »
runner with life insurance

Life Insurance for Runners

Though you may not participate in marathons, you definitely enjoy running. It helps you stay focused, clears your mind, keeps your weight in check and offers a whole host of other health benefits. Because you are in such good physical health, you wonder to yourself, “Could I actually save money Read More »

Life Insurance for Alcoholics

When applying for life insurance, there are several factors that you life insurance provider will take into consideration when determining the premiums you will pay, or if you will be approved at all.  You may be worried that a life insurance company will deny you if you are an alcoholic, Read More »
Young people considering what age they need to buy life insurance.

At What Age Should I Buy Life Insurance?

We recommend that people buy life insurance as early in life as possible.  Life events such as marriage, having children, or owning a business can play a big role in determining when  you really need insurance.  Generally speaking though, the earlier you purchase life insurance the less money you'll pay. Read More »

What Is A Life Insurance Trust?

One of the things that people come across when they are researching life insurance is the life insurance trust. Although the life insurance trust is fairly simple it can confuse a lot of people because when a life insurance trust is set up it can have a number of repercussions Read More »

Millennials Will Change How Life Insurance Is Bought

Gathering every revealing bank statement and financial document to your name, sitting down at a table with a guy in a suit, smiling politely while he talks about stuff you don't understand and tells you how to invest your money and what insurance to buy, these are the signs that Read More »
A man held by terrorism wondering if his life insurance will pay.

Does Life Insurance Cover Acts Of Terrorism?

The questions of whether or not a life insurance policy covers acts of terrorism is unfortunately a necessarily one these days. The 21st century has seen more blatant terrorism than at any other time in the past and for some Americans (as well as people around the world) death as Read More »

Term Life Insurance For Veterans

Getting a life insurance policy is important for anyone who has a family that depends on them, or who has any other financial responsibilities. Even if that’s not the case and you don’t have any dependents, life insurance can still be very useful to help cover funeral costs and to Read More »

All About Small Business Life Insurance

Some small business owners don’t think about small business life insurance. If you own your own business, it’s something you’ve got to take care of.  Thinking ahead can preserve your legacy and ensure your business lives on. Life insurance will help ensure your family is taken care of after you’re Read More »

What Is Indexed Universal Life Insurance?

You may have heard of universal life insurance in the past. But indexed universal life insurance may be a term that you’re not so familiar with.  Although the two are similar, there are some key differences that you want to understand before you choose to go with one over the Read More »

Why It’s Smart To Buy 25 Year Term Life Insurance

The Big Benefits Of A 25-Year Term Life Insurance Package You might have already heard of term life insurance policies with a 20 or 30-year term, but have you heard of a 25-year term life insurance package? Most insurance providers offer life insurance plans with terms of 10, 20, or Read More »
life insurance myths

10 Common Myths About Life Insurance

Life Insurance Is A Complicated Product Life insurance can be extremely confusing. Naturally, a lot of myths surround it. Even term life insurance policies have several elements that must be carefully considered before you can arrive at the right type and amount of coverage. Determining how much coverage you need Read More »

Most People Unaware That Life Insurance Lowers Taxes

Wouldn't it be great if there was a product that you could invest your money into and it could grow your money tax-deferred, provide you with tax-free income, and either negate or offset estate taxes?  There is a product out there, but most people don't know how it works. This product Read More »

Life Insurance Taxation Survey

Over the past month, Life Ant commissioned a survey to find out if people were aware of the distinct tax benefits of life insurance.  We didn't expect to find the vast majority of people to be aware of life insurance taxation, but what we found was a little surprising. As Read More »

The Difference Between Participating and Nonparticipating Policies

A participating life insurance policy is a policy that receives dividend payments from the life insurance company.  It is called participating because it is entitled to share or "participate" in the surplus earnings of the life insurance company.  A nonparticipating policy does not have the right to share in surplus Read More »
risk appraisal

The Life Insurance Risk Appraisal Process

When a life insurance application reaches the desk of a life insurance company, it is sent to the underwriter (where the risk appraisal process begins). Risk appraisal usually involves selecting insurance applicants who meet the standards of insurability and then assigning them to the suitable risk classes. This process is Read More »

Life Insurance For Women

Women need life insurance just as much as men need life insurance.  Unfortunately, women are not insured at as high of rates as men.  More women are breadwinners of their families than ever.  Even those who do not work often provide valuable childcare or other domestic services.  If a woman Read More »
life insurance rates

How To Get The Best Life Insurance Rates

Shopping around for life insurance can be time consuming and intimidating. There are so many options out there from a myriad of insurers. Just because the process is daunting, however, you should not be scared away. Good, affordable life insurance policies can be found, and often times, they are just a Read More »
business owners insurance

Considerations For Business Owners When Buying Life Insurance

Most people buy life insurance to protect their loved ones from financial hardship. Business owners, on the other hand, must consider other aspects of life insurance. Being prepared in the event of your premature death will provide future financial support for those involved in your business. How Can Life Insurance Read More »

Disability Income Rider Explained

A disability income rider is a very valuable add-on available to policy owners when they purchase a life insurance contract.  A disability income rider provides financial protection to the owner of a life insurance contract that a disability will often incur.  It does so in a couple of ways (potentially depending Read More »

How Variable Universal Life and Universal Life Insurance Are Different

Variable universal life insurance and universal life insurance are two very different products.  While both function similarly in terms of the flexibility of premium payments, cash value accrual account, and changes in premium payments, the difference lies in the way the cash value account earns money.  While a universal life Read More »

How To Save Money On Taxes With Life Insurance

Life insurance is more useful than many people realize when it comes to saving money on taxes.  This is because life insurance enjoys special tax benefits that other forms of investments do not receive.  Not only is the death benefit normally paid free of any taxes to the beneficiaries, but owners Read More »

How Does Obamacare Affect Your Life Insurance Coverage?

Obamacare, also known as the “Affordable Care Act”, has been met with its fair share of controversy. Although the ACA helps mainly in providing affordable health insurance, its effects on life insurance coverage must also be considered. Obamacare’s requirements on individuals and employers, for example, may affect your ability to Read More »

How To Make Money On Variable Universal Life Insurance (VUL)

Variable universal life insurance is a tricky product.  There are a lot of features of this complicated product, some of them are beneficial to the consumer and some are not.  Making money on a variable universal life insurance policy depends upon understanding how this insurance policy works, what to avoid Read More »

How Much Life Insurance To Buy After A Child Is Born

When you are a parent, you know that you need life insurance.  What is less obvious is how much you need, and how long you need the coverage to last.  There are so many options when it comes to life insurance that it can be very overwhelming, especially for a Read More »

Understanding A Whole Life Insurance Illustration

A whole life insurance illustration can be complicated for people who are not familiar with life insurance.  The illustration shows a lot more about your insurance than the amount of money that you need to pay.  Not only does it show the annual cost of your insurance, but the illustration Read More »