Blog
How Long Do You Have to Have Life Insurance Before You Die?
Life insurance is an important investment for anyone - it protects your family from financial hardship in the event of your death. However, many people put off getting life insurance until later in life, when their chances of passing away are higher. If you’ve been putting off getting life insurance Read More »
How to Get the Best Results on Your Life Insurance Blood Test
When you apply for life insurance, one of the things you’ll need to do to get approved for coverage is to take a blood test. Insurance companies use this as a way to gauge your health status and determine how much to charge you for your monthly premiums. There are Read More »
Why You Need Life Insurance Coverage
You may be like many people that you know and you probably want to avoid the "life insurance conversation". You probably want to avoid thinking about death, and you probably think that you have plenty of time to build enough assets for your family to survive with or without you. Read More »
10-Year Term Life Insurance Policies Explained
Term life insurance is one of the most popular types of life insurance on the market. Unlike whole life insurance, it only covers you for a specific period of time, after which it expires and you would need to buy a new policy. It’s much more affordable than permanent life Read More »
Life Insurance for Immigrants
Getting life insurance can be a daunting process for anyone, but it can be particularly challenging for those who have immigrated to the US and are not yet citizens. Most people will need life insurance at some point, so it’s not something you should skip. It’s particularly important if you’re Read More »
AARP Life Insurance Reviewed and Rated
AARP, or the American Association of Retired Persons, is an organization that provides support and benefits to older Americans. It is a members-only organization that boasts a member base of over 38 million. Not only does AARP offer discounts on insurance policies from many different providers, but you can also Read More »
Should I Worry About A Life Insurance Company’s Reserves?
Every life insurance company is required to have reserve funds to pay out customer claims. Many insurance companies will list details about their reserves as an attempt to impress customers and make them feel more secure. After all, you want to know that your insurance company has the funds to Read More »
Using Life Insurance To Save For Retirement
Life insurance has many uses including as a way to save a serious amount of money. The primary purpose of most life insurance policies is to provide financial security to loved ones in the case of an untimely demise of an income-earning member of a family. Many people may not Read More »
Life Insurance For Spanish Speakers
Finding life insurance is difficult for anyone, but it can be particularly difficult to find the right policy if you don’t speak the same language as the people around you. The community of Spanish speakers in the United States is growing quickly, and many companies are starting to cater to Read More »
What Is A Life Insurance Beneficiary?
The beneficiary of a life insurance policy is the person who gets the money when it is claimed upon the death of the insured person. The amount that they will be paid is known as the death benefit of the policy. The death benefit is the payout paid by the Read More »
What Life Insurance Does Suze Orman Recommend?
Choosing a good life insurance provider and policy can be very overwhelming, and it makes sense to seek expert advice before choosing a policy. Suze Orman is an expert financial advisor and media personality that is well-respected for her podcasts and New York Times best-selling books on finance. She’s also Read More »
Is Haven Life good for life insurance?
Haven Life is a unique life insurance company that focuses on providing accessible, affordable policies. They are owned by MassMutual, which is a reputable and popular life insurance agency with a long history. They are known for providing term life insurance without an exam, which is difficult to find with Read More »
Is MassMutual Good For Life Insurance?
You have so many options when it comes to choosing life insurance that things can sometimes feel a bit overwhelming. One popular option you may have heard of is MassMutual, which is short for the Massachusetts Mutual Life Insurance Company. Here’s what you need to know about MassMutual before you Read More »
Life Insurance Quotes Over Age 50
Both term and whole life policies are available for people over 50 years old. There is not any special kind of life insurance or line of life insurance for people of this age. Every company offers insurance to this age group in their normal insurance lines. If you are concerned Read More »
Fixed vs Variable Annuities
If you are attempting to plan for your financial future, you may be stumbling on the concepts of fixed and variable annuities. You may be wondering how they will affect your financial situation, how important they are to your financial planning, and if you should obtain one or the other. Read More »
Fixed Annuity Explained
Many people have heard of fixed annuities in the world of investing, but most don't really understand how they work. In simple terms, a fixed annuity is an investment account held with the life insurance company that will one day pay a stream of income. It technically is a type Read More »
How the Stock Market Affects Variable Life Insurance
Variable life insurance is a permanent life insurance policy that also where the cash value growth is partially dependent on investment performance. To tie the cash value to investments, the policy has a cash value account that is invested in a number of sub-accounts available within the policy. A sub-account Read More »
What You Can Buy with Life Insurance Proceeds
With a life insurance payout, you are able to use that money for whatever you find necessary to purchase once you receive it. In other words, you can use it for anything. Life insurance payouts are a great way to find peace of mind after a loved one is to Read More »
Pre-Need Funeral Insurance Plan Explained
It may not be fun to think about, but it’s important to start planning for your funeral now to save your family stress and heartache during a difficult period. Funerals can get expensive quickly, and many families end up without the financial resources they need to cover the costs. There Read More »
Variable Life Insurance vs. 401(k): What Is the Best One to Choose?
When you are making financial decisions pertaining to your future, you may have come across various options such as variable life insurance and a 401(k). Depending on who you contact and speak to, you will hear both sides as to why you should pick variable life insurance or a 401(k). Read More »
How to Set Up a 401(k) Account
A 401(k) is an extremely important tool for retirement and for personal savings. A 401(k) is important because it represents (by far) the biggest source of retirement funds outside of Social Security, and for many people, it is the easiest way to put money away regularly. Most workplaces offer a Read More »
What are Life Insurance Surrender Charges
Permanent life insurance offers financial protection in the form of a death benefit, and also offers a source of savings in the form of a cash value account. The cash value account is the amount that your life insurance policy is worth, if you surrender or cancel it. The life Read More »
Should You Bundle Life Insurance With Other Types Of Insurance?
Many of the big insurance companies on the market offer multiple types of insurance. For example, you may be able to get your car, homeowners, and life insurance all through one company. However, there are many pros and cons to taking this approach. While it can be convenient, it's not Read More »
Should You Buy Life Insurance Before You Have Surgery?
Getting any sort of major medical procedure done can be very intimidating, particularly if you need to go under the knife for invasive surgery. If you are getting major surgery, you may wonder about the potential health risks if something goes wrong. While most surgery is incredibly safe, we have Read More »
What Are The Different Types of Life Insurance Fraud?
Many people don’t realize it, but life insurance fraud is a serious crime with potentially serious consequences. It’s surprisingly common, and it’s more difficult to get away with than you might think. It’s very important to know what the law is surrounding life insurance so that you don’t commit fraud Read More »
How to Get Life Insurance For People Over 80
If you’re over 80 and you don’t have life insurance yet, now is the time to start thinking about it. Even if you are in good health, it’s important that you have coverage just in case of an accident. Life insurance will pay for funeral expenses and any other costs Read More »
Life Insurance With Chronic Back Pain
Chronic back pain is an extremely common physical condition that affects people from all walks of life. There are a huge variety of things that can cause chronic back pain, which is why it is so prevalent. For some people, symptoms are very mild, while for others, they are so Read More »
Can You Use Your Own Doctor For A Life Insurance Medical Exam?
When you sign up for a new life insurance plan, you will be required to have a medical exam. Your health factors into the cost of your life insurance premium, and the medical exam is used to determine your overall fitness level and assign you a health rating. The logic Read More »
How Obesity Affects Life Insurance Rates
If you’re shopping around for life insurance, you’ve probably heard that obesity and other health factors can affect your premium price. It’s true - life insurance companies do consider your health when determining the price of your life insurance, and obesity is a part of that. However, if you’re overweight Read More »
Life Insurance & Genetic Testing: Does it Affect Rates
Genetic testing has become very popular lately, with companies like 23andMe popularizing at-home DNA testing kits. Many people are choosing to get their DNA tested to learn more about their heritage, but DNA testing can also provide you with interesting information about your genetic background and what sort of diseases Read More »
Life Insurance Loans
Permanent life insurance policies with sufficient cash value normally allow for policy owners to pull money from their policy in the form of a loan. Loans from life insurance policies can have distinct tax advantages, and they do not permanently reduce the death benefit paid to beneficiaries. Here we discuss Read More »
Which Whole Life Dividend Option Is Best For You
Whole life insurance policies normally pay dividends. For mutual companies, the dividend represents a partial return of company profits to the owners of the company, the policy owners. For companies with different organizational structures the dividend is necessary to stay competitive with whole life offerings from mutual companies. It is Read More »
Buying Your First Life Insurance Policy
Buying life insurance for the first time can feel daunting. Not only do you need to think about your mortality, which is highly unpleasant, you also are faced with the task of choosing a complicated insurance product being sold by a lot of companies. Sometimes, you can talk to three Read More »
How to Buy Life Insurance On A Budget
Life insurance is important - it will cover funeral expenses and support your dependents in the event of your death. Many people don’t think they need life insurance, but it’s always important to have, because you never know what’s going to happen, and you don’t want to leave your dependents Read More »
Permanent Life Insurance – A Comprehensive Guide
Permanent Life insurance is not one kind of life insurance, it is any kind of life insurance that is meant to provide coverage for someone's entire life. This is in contrast to term life, which is only meant to provide protection for a specific length of time such as 10 Read More »
Term Insurance Riders Explained
Any insurance rider is an additional feature of a policy. A term insurance rider is an add-on to a permanent life insurance policy, most often a whole life insurance policy. The term rider adds additional life insurance, but instead of being permanent, the additional coverage expires. For the length of Read More »
Is Cash Value Life Insurance a Good Idea? Or a Bad Idea?
While many people believe that life insurance policies only pertain to death benefits, cash value life insurance can accrue cash value over time of the policy. Cash value life insurance pertains to the process in which you can either withdraw cash or take out a loan against your life insurance Read More »
Can Life Insurance Have More Than One Beneficiary?
There is a single major motivation behind buying life insurance: to financially protect your family in the event of your death. Of course, there are several additional side benefits, such as funding your death expenses and borrowing from the cash value element available with certain policies, but the main reason Read More »
How Accurate Is an Online Life Insurance Quote?
When you begin searching for life insurance, it’s understandable to want immediate answers. And with the internet, it’s possible to obtain a life insurance quote in just a few minutes’ time. However, it’s worth wondering whether these tools are as accurate as we hope. So, just how accurate is an Read More »
What Is The Fastest Way To Get Life Insurance Coverage?
If you live a super busy lifestyle and you have very limited time to spare, or you getting a life insurance policy within a certain time frame has been mandated for some reason, then you’re going to need to get a life insurance policy super fast. Even if there is Read More »
How Can I Tell If I Have Too Much Life Insurance?
When it comes to life insurance, most people think that the more they have, the better. Of course, you want to ensure that your loved ones are taken care of when you pass away; but, like anything in life, too much life insurance isn’t always a good thing. In fact, Read More »
How To Get Instant Life Insurance Coverage
In the age of technology, we’ve all become pretty accustomed to buying whatever it is that we want or need just by tapping your finger on a screen. From clothing to accessories for your home, and even groceries or a car service, you can get virtually anything you want in Read More »
Why Buying Life Insurance Young Locks in Affordable Rates
When you’re young, say, in your 20s or early 30s, you’re in the prime of your life. You’re healthy, have few responsibilities, and have your whole life ahead of you. The last thing you’re thinking about is your mortality and life insurance. But, believe it or not, buying life insurance Read More »
Are Brighthouse Financial and MetLife the Same Thing?
In 2017, MetLife, one of the biggest providers of life insurance in the United States, established Brighthouse Financial. The purpose of MetLife establishing Brighthouse Financial was so that the insurance provider could focus solely on selling life insurance, as well as annuities, to individuals. MetLife still continues to exist, but Read More »
What’s the Difference Between Converting and Porting a Life Insurance Policy?
Many companies provide life insurance as a benefit. If you work at such a company and are considering leaving, there are a lot of important factors that needed to be sorted out before you do. One of those factors is what you should do with the life insurance coverage that Read More »
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 You Get a Life Insurance Policy on Someone Without Them Knowing?
If you are worried about someone buying a life insurance policy on your life without your knowledge, you can most likely rest easy. First of all, it isn't legal, and there are systems in place to prevent this from happening. Now, is it absolutely impossible that some kind of sophisticated 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 »