- Is It Too Late for Me to Buy Life Insurance?
- Can I Add More Life Insurance Coverage to the Same Policy?
- Can You Buy a Life Insurance Policy Without an Agent?
- Who is Allowed to Buy Life Insurance on Your Life?
- What is a Life Insurance Suicide Rider?
- Does It Ever Make Sense to Replace a Life Insurance Policy?
- What Does Life Insurance Mean if it is “In Force”?
- If I Cancel Life Insurance After Paying My Premiums, Will I Get a Refund?
- Do Life Insurance Policies Affect SSI?
- How you can use a Life Insurance Dividend
- What are Accelerated Death Benefits?
- Does Life Insurance Go Through Probate?
- Will Life Insurance Pay Out For A Drug Overdose?
- Can Life Insurance Be Garnished for Debt?
- Are You Required to Leave Life Insurance to Your Spouse?
- Can Breast Cancer Survivors Get Life Insurance?
- Will Life Insurance Cover a Disability?
- Does Income Affect Life Insurance Rates?
- Do You Really Need Life Insurance?
- Can I Get Free Life Insurance?
- Is It Good To Get Life Insurance Through Your Company?
- Does Life Insurance Test for THC
- Can Life Insurance be Cashed in Before Death?
- Can A Life Insurance Beneficiary Be A Minor?
- Is A Term Life Insurance Policy Considered An Asset?
It’s been said that age is nothing more than just a number; however, for people who are thinking about purchasing life insurance coverage, age is an important factor that should be taken into consideration. The older you are when you purchase coverage, the higher your premiums will be. But, with that said, life insurance can… Continue reading
Life insurance is one of the best investments you can possibly make. It provides your loved ones with financial security when you pass away, and offers you peace of mind knowing that your debts, final expenses, and dependents will be taken care of. If you’ve recently invested in life insurance policy, however, and you’ve suddenly… Continue reading
Life insurance may not be something that’s in the forefront of your mind, especially if you’re young and in good health. It’s difficult to think about your mortality, and you likely assume that you are going to be around for a while. Consider this: What would happen if you were to be diagnosed with a… Continue reading
Purchasing a life insurance policy on somebody else and naming yourself as a beneficiary seems like it would be a plot to a very intriguing murder mystery. The bad guy plots the devious death of some millionaire in order to reap a huge financial windfall from an insurance payout. While it might seem fishy, you… Continue reading
The purpose of life insurance is to provide financial security for the loved ones of the individual that carries a policy. However, many people who are interested in purchasing coverage are concerned that the insurance company won’t pay out the death benefit to their beneficiaries when they pass away. Typically, this is not the case.… Continue reading
Even though it’s called life insurance, it doesn’t mean that you are locked into a policy for the rest of your life. In other words, if you purchase a policy, you have the option to assess your coverage and make changes to it, or even replace it, if doing so makes sense for your needs.… Continue reading
If you’re shopping for life insurance, you’re going to hear a lot of terms that you may not be familiar with. Some of those terms are easy to define; however, others can be confusing. For many people, one of the confusing terms is “in force”. It’s important to ensure that you have a complete understanding… Continue reading
You may be able to get a refund, or a partial refund when you cancel your life insurance policy. Depending upon your type of policy, you may also get a payout of the cash value in your policy. A life insurance policy is a wise investment, but it’s also a financial commitment. In exchange for… Continue reading
Supplemental Security Income (commonly referred to as SSI) is a program offered by the federal government through the Social Security Administration. This program offers income to an estimated 7.7 million people. In order to receive aid from this program, you must be in one of the following categories: Disabled Blind Aged (65 or older) In… Continue reading
A lot of potential life insurance holders seem to think of their investment as a sunk cost. Purchasing a life insurance policy, they posit, isn’t really worth it unless you die. But living through a policy doesn’t have to mean that your money is lost. Unfortunately, this understanding means that many people don’t purchase a… Continue reading
Life insurance is one of the soundest investments you can make. It enables you to provide your loved ones with the financial protection that they need in the event of your passing. While no amount of money can replace you, it can certainly help to comfort the loss and ease the hardships that those who… Continue reading
If a loved one has passed away and you were named a beneficiary of his or her life insurance policy, you might be wondering if the insurance will have to go through probate before you receive a payout. Similarly, if you are taking out a life insurance policy, you are probably wondering if your policy… Continue reading
Imagine the following scenario: Your spouse is the sole provider for you and your child. He has a life insurance policy, and he unexpectedly perishes. You assume that the policy will issue you – the beneficiary – the death benefit after he passes away. However, while your spouse was young and relatively healthy, to your… Continue reading
You purchased a life insurance policy as a way to provide your loved ones with financial security when you pass away. While your policy can help your surviving loved ones that are listed as beneficiaries, like most people, you probably aren’t aware of the fact that your policy can also benefit your creditors. If you… Continue reading
Your spouse that you have been married to for several decades passes away. In the midst of your grieving, you file a claim on his life insurance policy, only to find out that you are not the named beneficiary. Instead, his first wife, whom he was married to for a short period of time decades… Continue reading
It used to be that if you had a history of breast cancer, getting life insurance was virtually impossible. However, because so many women are showing breast cancer who’s boss and continuing to live long, health, normal lives after beating breast cancer, life insurance companies have actually started to reconsider providing coverage for breast cancer… Continue reading
How a life insurance policy works is pretty simple and straightforward. You purchase it, and in the event of your death, your loved ones will receive the funds provided by the insurance policy. However, what about if you become disabled? A disability, like the loss of a limb or becoming permanently bound to a wheelchair,… Continue reading
You have a family and they rely on you for so many things, including financial security. You wonder what will happen to your loved ones in the event of your death. Will they be able to survive without your financial contribution? Will they be able to continuing paying the mortgage and other monthly and day-to-day… Continue reading
You have probably heard the advice. It comes from celebrity financial planners, your personal financial advisor, your insurance agent, and everywhere in between. The advice to load up on life insurance. They say to get it if your young, get it if your old, get it if you have a family or even if you… Continue reading
Nothing in life is free, so the saying goes. Despite this old adage, people are always searching for items that are free, and if not completely free, that cost as little as possible; even life insurance. Life insurance is one of the most important “things” that you will ever purchase. It protects the well-being of… Continue reading
Many employers provide life insurance policies for their employees, and that is a very good thing. It’s an excellent incentive for employees, and it can prove to be very beneficial. However, while your company may provide life insurance, you may be wondering if it is enough to provide your loved ones with financial security should… Continue reading
There are so many questions surrounding marijuana these days, as several states have already legalized the drug for recreational use and most of the others have legalized it for medicinal purposes. When you are thinking about life insurance, whether or not the medical test includes a drug screen and specifically- a test for THC is… Continue reading
Yes, some types of life insurance can easily be cashed in before death for the accrued cash value. If you need money and you have a life insurance policy with a cash value, there are way to get the cash from the policy without the insured person passing away. Typically, when someone thinks of life… Continue reading
It is perfectly natural for a parent to want to name their children as beneficiaries of their life insurance policy but there are a number of considerations when naming a minor as the recipient of a life insurance payout. Understanding and navigating that jungle is the key to making sure that the money goes to… Continue reading
Term life insurance is rarely considered an asset. A financial institution would not consider a life insurance policy an asset unless it has a cash surrender value, and most term policies do not. Term life insurance mathematically has value because it will pay out in the event of a death of the insured person. Whether… Continue reading