5 Behaviors That Can Raise Your Life Insurance Premiums
Posted: December 18, 2018
Your hobbies, lifestyle, and overall health impact how much you pay for life insurance. For example, if you have decided to take up scuba diving, mountain climbing, rock climbing, BASE jumping or decide that you want to get involved in skydiving, these activities will affect the cost of your policy. Essentially, your life insurance policy is a legal contract between you and the company that...
Things to Consider When Naming Multiple Beneficiaries
Posted: September 27, 2018
Life insurance is an investment for your loved ones. Naming beneficiaries is an important step in setting up a life insurance policy. While you are required to name at least one beneficiary, it is also possible to name multiple beneficiaries. Doing so can help ensure that your death benefits go where you want them to go in case your primary beneficiary does not survive you....
What Is the Right Time to Purchase Life Insurance?
Posted: September 20, 2018
Life insurance is important because it provides financial security for your loved ones should you become incapacitated or pass away. Even if you have no assets to pass on, a life insurance policy can provide an inheritance for them. It can also be used to pay off outstanding debts, such as a mortgage, car loan, or credit card debts, to avoid placing additional burdens on...
Should You Insure While You’re Young?
Posted: April 20, 2018
Regardless of your age, if you are married or have children the benefits of life insurance are obvious: you want to continue to provide for your loved ones should the unexpected occur. If you’re young, healthy, and single with no dependents, getting life insurance may be the furthest thing from your mind. No one likes considering their own mortality, especially in their twenties, when this...
7 Exclusions to Your Typical Life Insurance Plan
Posted: April 20, 2018
Life insurance is one of the most effective ways to ensure your family is protected. Should you suddenly become incapacitated or pass away, life insurance funds can be paid at once to the named beneficiaries without any concern about taxes or delays related to probate. However, when buying a life insurance policy, the one person who truly has your back is your agent. Every life insurance...