What is Term Life Insurance? Term life insurance is insurance that pays a specified amount upon the death of the insured. By its nature, a term life insurance policy is temporary. Term life policies are written to provide coverage for a specified number of years, usually from 1 year to 20 years. When term life […]
Many smokers have the mistaken belief that they can’t carry life insurance because no company would approve their application. While smokers can expect to pay more for a life insurance policy, not every company will deny an application outright. From the insurance company’s perspective, smoking is a lifestyle choice and is no different from someone […]
Fewer than two thirds of adults have a life insurance policy. Are you among those who think you don’t need one? Think again! There are some very important benefits of life insurance, particularly if you have dependents such as children or you hold any assets with mortgage debts. The main reason people take out a […]
When most people hear the word “cholesterol”, they automatically assume the worst. Everyone has both good (HDL) and bad (LDL) cholesterol, so this is not necessarily true. However, people who have an HDL reading lower than 40 mg/dL or an HDL reading greater than 160 mg/dL have a higher risk of having a heart attack or stroke […]
The idea behind life insurance is a pretty simple one. Life insurance provides protection for your family members and other dependents in the event of your death. It is payable upon death, and the money can help a surviving spouse and minor children pay the bills and move on with their lives. The amount of life […]
Having a life insurance policy is a smart and responsible way to ensure that employees’ loved ones are taken care of in the event of death. Unfortunately, sometimes an organization can be taken advantage of by scammers selling fraudulent policies. When trying to compare rates and policies, many business managers and human resource professionals turn to […]
The basic concept behind life insurance is a simple one: if the insured dies while covered by the policy, the beneficiaries receive a payout for the coverage amount. However, few things in the financial world are straightforward, and nowhere is this more true than with life insurance. As with all areas of insurance, providers are […]
Could You Lower Your Costs? Life insurance is a sensible way of looking out for an unknown future. The basic idea is very simple: if the worst happens and a policyholder is no longer around to take care of loved ones, a death benefit will be paid out to ease their burden. Perhaps more than […]
Insurance is something that many people don’t often fully comprehend. And who can blame them? Trying to differentiate between all the different insurance and benefit options available, not to mention trying to make sense of the insurance policy itself, can be quite challenging. As an employer, human resources rep or policyholder, there are many different […]
If you are married with a family to support, life insurance is one of the most important purchases you will ever make. Without the right amount of life insurance in place, your loved ones could be forced to make some difficult decisions in the event of your untimely demise. Depending on the circumstances, those left […]
