Term Life Quote There are two types of life insurance, term and permanent. Term insurance can provide low-cost coverage for a specific period of time (the “term”)—most likely during an individual’s peak earning years when death can cause the greatest financial hardship. Generally the most affordable type of insurance when initially purchased, term insurance is […]
The point of entering your date of birth is to generate an accurate life insurance quote. The difference between term and permanent life insurance is reflected in the premium one pays for insurance. There are multiple benefits of permanent life insurance but the main purpose is to provide a death benefit a person cannot outlive. […]
It is impossible to know when a tragedy is going to strike you or your family. In the blink of an eye, there could be a devastating accident, sudden illness, or any other type of misfortune that you were not expecting. With this in mind, one can see the need to have disability insurance. This […]
The purpose of life insurance is to provide financial support for your dependents if you are no longer around to do it yourself. If you are contributing significantly to the financial well-being of someone in your life, think about protecting them from any financial gaps that might occur if you are no longer able to provide the […]
If anyone turns you down for life insurance, look somewhere else. Companies look at a whole host of information and utilize a variety of methods to vet who they will insure. Just because one provider turns you down, you shouldn’t assume another provider will come to the same conclusion. If you need help discussing your […]
If there’s one thing that’s important in an insurance company, it’s that the company outlives you. Look at the financial stability of the insurer as well as customer service ratings. There are plenty of helpful online insurance ratings and reviews to help you decide. Do plenty of research, talk to your agent and make sure […]
Generally, an insurance agent will help you determine an appropriate coverage amount for the policy by examining some of the key costs your family will have in years to come, such as the cost of child care, education and the mortgage. Another approach is to figure out how much income you’re expected to earn over […]
While turning 40 might make you feel old on the inside, you’re still young enough to buy a policy that can protect your family in the event of your death. Actually, most insurance companies that write term life insurance policies will insure people up until their 60s! Still, time is of the essence. Because life […]
Term life insurance generally is less expensive when you are younger and in relatively good health. That’s not generally the time in life when most of us think about buying term life insurance, but actually, that’s the best time to save money. Waiting until later in life when you’re a bit older and maybe dealing […]
You can renew most term insurance policies for one or more terms even if your health has changed. Each time you renew the policy for a new term, premiums may be higher. Ask what the premiums will be if you continue to renew the policy. Also ask if you will lose the right to renew […]
