• Should My Spouse Also Have Life Insurance?

    At Life Ant, we strongly recommend to most families that they opt to buy life insurance coverage for both partners in a marriage. While the need for life insurance may not seem important, especially to the young and healthy, accidents and tragedies, unfortunately, do occur. In the event of the death of a husband or… Continue reading

  • What Type Of Life Insurance Is Best For Me?

    There are four distinct types of life insurance (and countless variations of each of the four types).  The best type of life insurance for you depends upon your objectives, but most people will find that term life insurance, or sometimes whole life insurance is most appropriate.  Term life insurance is the least expensive form of… Continue reading

  • Is Variable Universal Life Insurance Better Than Whole Life Insurance?

    This is a common question for many people who have just visited with a financial advisor who recommended a variable universal life insurance policy.  The answer, unfortunately, is not as straightforward as you may hope, and the real answer is “it depends”.  The simple answer is that in most cases, a traditional whole life insurance… Continue reading

  • Is It Hard To Get Life Insurance If You Have High Blood Pressure?

    Question – I have high blood pressure. Will my life insurance premiums be more expensive because of that? Answer: One of the most common afflictions that people face is high blood pressure. In fact, there are 10s of millions of people who are diagnosed with high blood pressure. When applying for a life insurance policy, most… Continue reading

  • How Can Divorce Affect My Life Insurance Policy?

    If you are going through a divorce, one of the things that you may think about is how your divorce can affect your insurance choices such as your health insurance policy and your life insurance policy. You are right to question this as a substantial life change such as a divorce will bring about the… Continue reading

  • What is a Waiver of Premium Rider?

    A waiver of premium rider pays all life insurance premiums due if the insured person becomes disabled.  A waiver of premium rider is an optional benefit on many term life insurance policies, and may also be available on permanent forms of insurance coverage.  This is one of the most popular life insurance riders. The waiver… Continue reading

  • What is a Guaranteed Insurability Rider?

    A guaranteed insurability rider, also called a GI rider, is a life insurance rider which allows the owner of a life insurance policy to buy additional life insurance with no underwriting.  A rider is an additional benefit to a life insurance policy beyond the death benefit.  Riders are sometimes added at a cost, or sometimes they may be a free… Continue reading

  • Can I Save Money On Life Insurance If I Quit Smoking?

    Besides the obvious health and quality of life benefits, quitting smoking is also one of the best ways to save money on life insurance.  As anyone who smokes and owns life insurance can attest to, life insurance is extremely expensive for smokers.  So expensive, in fact,  that it can cost about five times more money for… Continue reading

  • What is Mortgage Life Insurance?

    Mortgage life insurance is a term life insurance policy meant to pay off a mortgage should one or both parties responsible for the mortgage perish.  The death benefit on mortgage life insurance will decrease over time, with the face value always being approximately equal to the payoff amount of the mortgage.  The decreasing death benefit… Continue reading

  • What Is the Best Life Insurance for a Baby?

    Choosing the best company to purchase life insurance coverage from on the life of a child has much more to do with the cost of the policy.  A life insurance policy purchased on a babies’ life will likely be an asset for the child well into their adulthood, and the intent is for the policy to… Continue reading

  • When Should I Buy Life Insurance?

    The answer from most financial advisers is an emphatic “always” when someone asks them if they should buy life insurance.  While they may be a bit overenthusiastic in their sales recommendations, the truth is that there are many events in a person’s life that will create a need for life insurance. The academic definition of… Continue reading

  • How To File A Life Insurance Claim

    A life insurance claim is a very easy process to go through from the perspective that they are very easy to file with the insurance company.  Though it can be a very emotional time on a personal level, modern laws and fear of bad press means that major life insurance companies make the process very… Continue reading

  • How to Improve Your Life Insurance Rating

    Going through life insurance underwriting can be a daunting prospect for some prospective clients.  You may be nervous, unsure of what to expect, and there is a lot of confusion about what the life insurance company is really doing with all your personal information.  You can take a deep breath and relax.  Life insurance underwriting… Continue reading

  • Which Agencies Regulate Life Insurance

    Life insurance is governed primarily by the State, rather than Federal laws.  The law to empower states with regard to the insurance industry was passed by congress and is known as the McCarron-Ferguson Act of 1945.  This law grants that insurance regulation is largely exempt from Federal law, and gives state governments the right to… Continue reading

  • How To Get A Life Insurance Illustration

    Obtaining a life insurance illustration is free and easy.  This is especially true for level term life insurance, which does not require anything but some basic information in order to quote a premium amount.  A full illustration for other types of life insurance (whole life, universal life, or variable universal life) can only be run… Continue reading

  • What type Of Life Insurance Pays Dividends

    Whole life insurance is the only type of life insurance that pays policy holders an annual dividend.  Term life, variable universal life, and traditional universal life insurance do not pay dividends. A dividend is a payment made by the life insurance company to owners of whole life insurance policies once a year on the policy… Continue reading

  • Does it Matter Which Life Insurance Company I Choose?

    The answer to this depends upon the type of policy you need.  Let’s be honest, most people don’t want or need to speak with their insurance companies on a regular basis.  The most important feature of a life insurance company is being financially able and willing to provide the protection guaranteed in the life insurance… Continue reading

  • Can You Get A Life Insurance Quote Without Using Your Personal Information?

    Many life insurance quote providers, including Life Ant, do not require sensitive personal information like your Social Security Number (SSN) when giving you a life insurance quote.  We feel that client privacy and security of their confidential information is of the utmost importance.  Life Ant takes pride in the fact that we exceed all industry… Continue reading

  • What Is The Least Expensive Form Of Life Insurance?

    If you are looking for a cheap life insurance policy, the good news is that you probably have some options.  Life insurance rates also keep coming down over time as people continue to live longer and survive diseases better, and life insurance companies are continuing to add more product offerings to their lines.  Here we… Continue reading

  • How Can You Find Out If Somebody Had A Life Insurance Policy Before They Died?

    Question – How do you know out if someone had a life insurance policy before they died? Answer: It’s very common for family members to be unaware of life insurance policies that their loved ones take out.  There are many reasons behind this, most notably embarrassment and/or discomfort in talking about death. Either way, if… Continue reading

  • How Can You Tell If Somebody Took Out A Life Insurance Policy On You?

    Question – How do you find out if someone has a life insurance policy on you? Answer: You need to sign an application of consent in order to have a life insurance policy taken out on you.  If you did not sign an application, there is no way somebody has a life insurance policy on… Continue reading