Understanding The Major Types Of Life Insurance Plans
Posted: July 7, 2020
If others are depending on you as a breadwinner, it only makes sense to have life insurance to protect your family. But shopping for a policy can be a complicated process. Several different types of life insurance are available, which means you have a variety of options from which to choose. Our experienced agent can help you find a life insurance policy that suits your...
Life Insurance Vs. Final Expense Insurance Vs. Mortgage Protection Insurance
Posted: June 22, 2020
Life insurance, final expense insurance, and mortgage protection insurance are all similar in certain ways. They all pay out in the event of the policyholder’s death and they all provide protection for surviving loved ones. Aside from that, they are different types of insurance policies that offer different types of protection. What Is Life Insurance? A life insurance policy is a contract with an insurance...
I'm Young & Healthy: Do I Really Need Life Insurance?
Posted: June 7, 2020
If you’re young and healthy, you may think it’s too early to buy life insurance. The truth is, buying life insurance young can save you money – lots of it. Purchasing a life insurance policy in your 20s or 30s is a smart move, even if you don’t believe you need it yet. Younger Equals Cheaper When It Comes To Life Insurance Buying life insurance...
Can My Life Insurance Company Ever Cancel My Policy?
Posted: May 22, 2020
If you have purchased whole life insurance, your policy should continue in effect until you die, at which time death benefits are paid to your beneficiaries. If you have purchased term life insurance, it should continue until the expiration date of the policy. Although you can cancel your life insurance policy at any time, the insurance company can only cancel for specific reasons. For example,...
Can I Get Better Rates If I Change My Habits Before I Apply For Life Insurance?
Posted: May 7, 2020
Life insurance rates can vary widely depending on your age, health, and lifestyle choices. If you are overweight, smoke or drink, or have a health condition that could be improved by adjusting your lifestyle, you may be able to get better life insurance premiums if you change your habits before you apply. How Are Life Insurance Rates Determined? Insurance companies consider several factors in determining...