What Happens To My Life Insurance If I Am Diagnosed With A Terminal Illness?
Posted: May 30, 2019
In most cases, life insurance benefits are paid out after the insured dies and a claim, along with a certified copy of the death certificate, is filed with the insurance company. In cases of terminal illness, however, there may be an exception to this rule. If you have been diagnosed with such an illness, you may qualify for accelerated death benefits. What Are Accelerated Death...
How Will My Beneficiary Collect My Life Insurance Money?
Posted: May 23, 2019
When you purchase life insurance, you pay the premiums for years or decades, and your beneficiaries collect the benefits when you pass away. It is important to tell your beneficiaries about the policy so they file a claim with the insurance company after your death. How Are Death Benefits Collected? Life insurance benefits are typically paid out when the insured person has died and the...
Am I Too Old To Purchase Life Insurance?
Posted: May 19, 2019
The younger you are, the less it costs to buy life insurance. Unfortunately, our 20s and 30s are not usually the time for thinking that far ahead. Premiums start to increase when people hit their late 40s and continue to climb from there. So how old is too old to buy life insurance? The answer is, the older you are, the more limited your options...
What To Expect When You First Sign Up For Life Insurance
Posted: May 16, 2019
Buying life insurance for the first time can be a bit confusing, but our agency is available to help you through the process. Here we have outlined the steps you will need to take to purchase a life insurance policy. Learn the Lingo Half the battle is knowing the life insurance terminology. Use a good glossary to get a full understanding of terms such as:...
Term Life Insurance Facts You Should Know
Posted: April 19, 2019
Your family depends on you for personal and financial support. Term life insurance is one way you can protect them should you suddenly pass away due to an accident or illness. It's important to understand how term life insurance works and the pros and cons of keeping this type of protection in place. At Christensen Insurance, in Susanville, California, we have pulled together some of...