Term Life Insurance, Top Choice When it comes to life insurance, there are two primary choices. The first is term life insurance. Term life insurance allows for larger death benefits at a more affordable price for a fixed period. Then there is permanent life insurance. Permanent types, like whole life, build cash value and are much.. More

The Cost of a 10 Year Term Many people will buy a less expensive 10-year term with the thought they will buy a new policy in the future. When you consider the potential cost of a 10-year term policy, this can be an expensive mistake. Time not only passes quickly, but financial responsibilities also change,.. More

Mistakes When Buying Life Insurance There are common mistakes people make when buying life insurance. Making one of these mistakes can hurt the loved ones you are trying to protect. It is essential to apply for the correct amount of coverage and is equally important to choose the right term period to keep the protection.. More

ACCELERATED UNDERWRITING LIFE INSURANCE Many companies are adopting a streamlined process of approving applications for life insurance known as “accelerated underwriting.” This new process is the future of life insurance underwriting as it continues to evolve and improve. Accelerated underwriting life insurance or quick issue term can reduce the approval of a life insurance policy.. More

How Much Life Insurance Do I Need? How much life insurance do I need? If you had one chance to change the future, what would you do? If you knew that today, right this instant, was the last chance you would ever have to purchase protection for your family…how much life insurance would you buy?.. More

How Much Life Insurance Can You Purchase Proving Financial Justification When determining how much life insurance you can purchase, the upper limits are determined by terms and conditions set by each life insurance company. These terms and conditions vary by company. Life insurance is often purchased to replace lost income. There are other considerations a.. More

Guaranteed Issue Final Expense When searching for burial insurance, this type of policy is, as the name implies, guaranteed coverage.  With a guaranteed issue final expense policy, you cannot be turned down and declined coverage regardless of your health. Insurance premiums for a guaranteed issue policy are usually higher than for a person who has.. More

Naming a Minor Child as Beneficiary There is a potential problem in naming a minor child as a primary or contingent beneficiary on their life insurance policies. If death occurs while your children are still minors, the life insurance company can’t pay benefits until the court appoints a guardian. That takes time and money for.. More

Calculating Your Life Insurance Age You might be older than you think! Sometimes there is confusion when applying for life insurance regarding how life insurance companies determine your age.  Calculating your life insurance age is different than the way most people look at the natural age. Let’s say your age 55; you know you are.. More