The Truths About Life Insurance with Alcohol Addiction

Alcohol is one of most sought-after commodities in the world. People consume it for many reasons. Some people believe the best way to forget their problems is to drink alcohol. Some take it to feel motivated or to combat excess. However, excessive intake of alcohol is not good for the body. Alcohol can lead to the development of diseases such as high blood pressure, obesity,...Read More

The Truths About Life Insurance with Emphysema

Having emphysema is not a death sentence which you should be very scared of. Unlike before, today there are lots of emphysema treatment options which you can rely on to reduce the symptoms of emphysema such as wheezing, shortness of breath or frequent respiratory infections. These treatments include pulmonary rehabilitation, physical exercise, and bronchodilator. But the truth is that emphysema has a direct influence on...Read More

The Truths About Life Insurance with Essential Tremor

Even though essential tremor affects more than 10 million people in America today, only a few people know what essential tremor is. If you are just hearing this term for the first time, essential tremor is a movement disorder accompanied with uncontrollable shakiness of affected body parts. This neurological disorder can affect the tongue, head, or legs, but it commonly has unintentional rhythmic effects on...Read More

Tips for Passing Your Life Insurance Medical Exam

All traditional life insurance policies require a life insurance medical exam. Except if you prefer the no-medical-exam option which is more expensive, life insurance underwriters will want you to undergo a medical exam. The purpose of this medical test is to have a thorough understanding of your health condition and to calculate the total cost of your life insurance policy. And you need to pass...Read More

Typical Factors That Influence Your Life Insurance Premiums

Life insurance premiums are of paramount importance to the business model of life insurance companies. And the life insurance premiums of every policyholder are different from others. This means that even if you and your loved ones are applying for the same life insurance policy, your life insurance premiums will be different. Why? This is because of the following factors: Health Your health status matters...Read More

The Truths About HIV Life Insurance

HIV/AIDS is a global epidemic affecting more than 36.7 million people around the world, according to UNAIDS. Of this figure, only 60% of people living with HIV know whether they are HIV positive or not. Such individuals are in a better position to get the right antiretroviral regimen and live a normal life. If you have been diagnosed with HIV and you are planning to...Read More

The Truths About Getting Life Insurance with Marijuana

As many states in the U.S. now allow the use of marijuana for recreational and medicinal purposes, parents and young adults are buying THC (tetrahydrocannabinol) products to alleviate depression, stress, and anxiety. But the bad news is that despite these benefits, marijuana affects the growth and development of the brain in the long haul. It leads to memory loss, breathing problems, nausea, and mental problems....Read More

The Truths About Getting Life Insurance with Breast Cancer

Breast cancer is a health condition characterized by bloody discharge from the nipple and an unusual lump in the breast. Estimates have shown that at least about 1.7 million people around the globe suffer from breast cancer which is more common among women. But as more and more people are becoming aware of breast cancer, chances of survival have improved in recent years. This is...Read More

The Truths About Getting Life Insurance as a Foreign National or Non-US Citizen

If you don’t have a residency status in the U.S., you will at best be classified as a foreign national or non-US citizen. You are also a non-US resident if you stay outside the U.S. for more than 3 months. But being a foreigner does not mean you cannot get coverage in the U.S. In fact, purchasing a life insurance policy as a non-US citizen...Read More

The Truths About Life Insurance with Anxiety Disorder

There is nothing bad being anxious to pass an exam, meet a deadline, or achieve a goal. However, when the anxiety gets out of control, it can be said that you have anxiety disorder. Symptoms of anxiety includes restlessness, fatigue, sweating, unwanted thoughts, insomnia, and poor concentration. Whether you have panic disorder, social anxiety disorder, specific phobias, or generalized anxiety disorder, life insurance companies will...Read More

The Truths About How Your Family Health History Affects Your Life Insurance Rates

You may not be bothered about the medical history of your family. But most life insurance companies think there is a correlation between your health and your family health history, thanks to the advancement in genetic studies. To life insurance companies, if one person or two people in your family died of genetic diseases, you may die of similar disease, too. You may argue that...Read More

The Truths About Life Insurance with a Stent

A stent is a tiny surgical device which is used to open a blocked coronary artery. However, like the blood vessel, this tiny tube can become damaged or blocked too. And this can result in breathing problems, infections of the vessel, kidney stores, and internal bleeding. Life insurance companies are aware of these complications. And they want to make adjustments for such risks which can...Read More

Why Stay-at-Home Mums Should Get Life Insurance

Most stay-at-home mums sometimes believe that they don’t need life insurance just because they are not contributing anything to the family’s finances. If you belong to this school of thought, you cannot be more further from the truth. In this article, we have given reasons why a stay-at-home mum needs life insurance. To pay for household expenses Stay-at-home mums are regarded as everything in one....Read More

Why Single People Also Need Life Insurance

Single people are those who are not married, let alone have children of their own. Individuals who fall into this group often think they don’t need life insurance. But experience has shown that some circumstances or futuristic goals may compel them to own a life insurance policy. Here are the top reasons why single people need life insurance. You have dependents. If you are a...Read More

Why Business Owners Need Life Insurance

As an adult and income earner, a life insurance policy helps you care for your dependents even when you die. As a business owner, you need to have in mind that a lot of people depend on you, including your business partners, employees and clients. For this reason, you as a business owner needs life insurance. However, there are many reasons why business owners need...Read More

Why and Why You Should Not Replace Your Existing Life Insurance Contract

If you have a life insurance contract, you may realize one day that your contract is no longer sufficient for your needs. You could decide that you need a life insurance policy with other features. That is, you may think about how to replace your life insurance contract. If you are interested in replacing your life insurance contract, we have a list of reasons why...Read More

When Your Life Insurance Proceeds Are Not Taxable

Life insurance can be somewhat complicated, most especially when the issue of tax is involved.  So, you are not alone if you are wondering when your life insurance proceeds are taxable. Most times, your life insurance proceeds are free from tax under the following conditions: When you are giving death benefits to beneficiaries If your life insurance proceeds are not part of your estate, no...Read More

When Your Life Insurance Proceeds Are Taxable

No one wants their life insurance proceeds to be taxed, let alone taxed unfairly. That’s why you need to arm yourself with information regarding when governments have the rights to tax your life insurance proceeds. This knowledge can also help you decide whether or not life insurance is right for you. That said, the following are some of the circumstances when life insurance proceeds are...Read More

When You Should Review Your Life Insurance Policy

Reviewing your life insurance policy is of paramount importance. Whether you like it or not, the only thing permanent is change. Whom you were yesterday is different from whom you are today. This means you need to review your life insurance policy anytime you reach a turning point in your life. Put simply, you should review your life insurance policy when you start: Earning lower/higher...Read More

When You Don’t Need Life insurance

Are you ambivalent whether you should own a life insurance policy or not? Contrary to what proponents of life insurance will tell you, not everyone needs life insurance. Life insurance is not oxygen that you cannot do without. And you should not bother to own a life insurance policy: If you have no beneficiary Your beneficiary is someone whom you love and trust, someone who...Read More

Top Sports You Should Do to Get Affordable Life Insurance Quotes

As a rule, the healthier you are, the lower the amount of life insurance quote you will get. And one way you can improve your heart condition is by participating in the following sports. Jogging Jogging is a perfect way you can overcome stress, burn excessive health, and boost your chances of getting an affordable life insurance quote. This sport helps prevent cardiovascular diseases and...Read More

Life Insurance: A Perfect Gift for Someone You Love

Ask people what they want as a gift and you will get answers like phones, laptops, or concert tickets. But the problem with all those material things is that they don’t last long or create a lasting impression on someone we love. If you are a parent or grandparent wondering what to buy for you loved ones, a good suggestion is life insurance. Granted, they...Read More

How to Select the Right Life Settlement Broker

A life settlement broker is a licensed individual or entity who helps life insurance policyholders to sell their life insurance policy. The main reason why policyholders hire them is to sell their policy at a value more than the cash surrender value but less than the death benefits. Just as one needs an attorney in a court of law, so too does a policyholder requires...Read More

The Truths About Borrowing Money from Your Life Insurance Policy

You must have heard that you can borrow money from your life insurance policy. But what some dishonest life insurance agents will not tell you is that you can only borrow funds if you own a whole life insurance or permanent life insurance policy, which is quite expensive. In order words, you are not eligible to borrow against term life insurance. Read on to know...Read More

What You Should Do if You Can’t Pay Your Life Insurance Premiums

No one wants to default on their life insurance premiums. But at times when you cannot avoid this situation, what is the next step to take? Here are tips regarding what you should do if you cannot pay for your life insurance premiums. Reduce your life insurance’s face amount If you can’t meet up with the payment of your life insurance premiums, you can decide...Read More

What is Participating Life Insurance

Participating life insurance is a type of permanent insurance policies that offer dividends to policyholders. These dividends are paid annually and are not fixed most times. More so, they depend on the amount of profit earned by the insurance company. For instance, if John buys a participating life insurance policy from State Farm Insurance and the insurance company have surplus earnings that year, State Farm...Read More

What Is Cash Surrender Value

Cash surrender value is the amount of money your life insurance provider pays to you if you choose to cancel your life insurance policy before the time agreed on. If you want to cancel your current life insurance policy, here is a list of five things you should know about cash surrender value. Once you collect cash surrender value, you no longer have life insurance....Read More

What Are Life Insurance Table Ratings

Life insurance table ratings are a classification reserved for individuals that did not qualify for the top rates. This disqualification might be due to serious medical conditions, a risky occupation or even a dangerous lifestyle. In fact, any factor that can contribute to your untimely death puts you in the table ratings. How does life insurance table ratings work? When you qualify for a table...Read More

What are Life Insurance Settlement Options

Life insurance settlement options refer to the manner in which your loved ones will be paid your death benefits in the event of your death. Normally, most people would prefer to receive the death benefits at once from their life insurance company. On the other hand, some individuals prefer other settlement options which are given as follows: Interest income option This option allows your life...Read More

Understanding Final Expense Life Insurance

Final expense life insurance is a type of whole life insurance plan that is meant to provide coverage for burial costs and other expenses associated with end of life ceremonies. It is mostly targeted at seniors, between the ages of 50 and 85, who do not want their loved ones to bear their funeral costs. Generally, final expense life insurance is designed for people who...Read More

Types of No Exam Life Insurance Policies

If you have decided to get a no exam life insurance policy, you should also be aware of its various types. In this article, we have summarized the types of no exam life insurance plans to help you make an informed choice. Simplified issue life insurance This is the most common type of no exam life insurance. Even though it involves no form of medical...Read More

Top Prescription Medication That Could Affect Your Life Insurance Application

It is not uncommon for life insurance companies to ask their clients which medication they have taken since the date they were diagnosed of any health challenge. They do this in order to determine your risk level. And many people are not aware that their prescription drugs could affects their premium rates or play a major role in their life insurance application. That said, let’s...Read More

Tips for Maximizing Life Insurance Payouts

With so many life insurance options out there, we bet you are confused which life insurance policy will help you get maximum life insurance payouts for your loved ones. Rest easy. The following tips are what you need to reduce your life insurance premiums and increase your life insurance payouts. Pay for life insurance premiums when due There are no two ways about it. You...Read More

Things You Should Not Do before Your Life Insurance Medical Exam

Applying for life insurance involves taking a medical exam that can be uncomfortable for anybody. But just as long as you know the things to avoid before your life insurance medical exam, you can make the process as easy as possible. Here are some things you should not do before your life insurance medical exam.  Exercise We know exercise is a healthy habit and you...Read More

Things Business Owners Need To Consider Before Getting Life Insurance

Buying life insurance as a business owner is not an issue you should take lightly. It is important to do your research and buy a life insurance policy that will suit your needs. Many life insurance policies exist for business owners, each of them for a different reason. In this article, we will explain the five things you as a business owner need to consider before...Read More

The Truths About Lying on Your Life Insurance Application

Our findings have shown that during the underwriting process, a few potential life insurance policyholders lie about their income, medical history, current medication, health status, and their smoking and drinking habits. They engage in this practice to get approval or to get a lower quote. If you are ambivalent whether you should lie to life insurance underwriters or tell them the truth about your lifestyle...Read More

The Truths About Life Insurance with Ulcers

Ulcers are widespread health problems all around the world. And there are several causes for ulcers. It may due to regular use of non-steroidal anti-inflammatory drugs (NSAIDs), smoking, drinking too much alcohol, or bacteria. Whether you have a duodenal ulcer or peptic ulcer, rest assured that life insurance companies would consider the risks – even though ulcers are considered low risks– when you are applying...Read More

The Truths About Life Insurance with Ulcerative Colitis

You are not alone in your search if you have inflammations in your colon, rectum, or any part of your digestive system. This means you have either Crohn’s disease or ulcerative colitis. Unlike Crohn’s disease, ulcerative colitis affects only the lining of the large intestine. And you may experience symptoms such as stomach pains, weakness, bloody stools, or diarrhea. Although there is no cure for...Read More

The Truths About Life Insurance with Thyroid Disorders

Thyroid is an important hormone-producing tissue located below the Adam’s apple. It helps the body to regulate how fast you burn energy and how fast you use calcium. And anytime the butterfly-shaped gland in the neck is not working properly, it is believed that you have thyroid disorders. Whether you have thyroid nodules, hypothyroidism, hyperthyroidism, goiter, thyroiditis, or thyroid cancer, we are here to tell...Read More

The Truths About Life Insurance with Testicular Cancer

Testicular cancer, unlike ovarian cancer, is the most common cancerous disease associated men between the age bracket of 20 and 35 years. No one what causes this disease, but life insurance companies know that you are a considerable risk to them if you have testicular cancer. Well, if you don’t know whether or not you have testicular cancer, you can check your testicle or scrotum...Read More

The Truths About Life Insurance with Sleep Apnea

Sleep apnea is a serious health situation in which one finds it increasingly difficult to breathe while sleeping. Some people have it, but they have not given it the desired attention. Left untreated, sleep apnea can degenerate into other health problems such as diabetes, memory loss, depression, headaches, heart failure, stroke, and high blood pressure. If you have sleep apnea, you need to contact a...Read More

The Truths About Life Insurance with Sarcoidosis

Sarcoidosis is not a popular health condition in the public domain. Only a few people have it – 1 in 10, 000 individuals in the U.S. Even though it is commonly associated with African-Americans and Caucasians, this does not mean life insurance companies are not aware of the risks such health condition poses to their business model. In any case, if you have sarcoidosis and...Read More

The Truths About Life Insurance with Paget’s Disease

Are you experiencing any pain or unusual feeling in the hips, joints, back or neck? Or are you finding it difficult to walk or climb stairs? This may be due to Paget’s disease. But all hopes are not lost if you have Paget’s disease, an ailment that could weaken other bones. There are treatments for such health condition. And if you are wondering whether you...Read More

The Truths About Life Insurance with Ovarian Cancer

No woman desires to have ovarian cancer. But sometimes, life presents us with challenges that make us stronger and tougher both mentally and emotionally. If you have ovarian cancer, there are many things you need to know before applying for life insurance. If you want to know why, read on to know the truths about life insurance with ovarian cancer. Most life insurance companies will...Read More

The Truths About Life Insurance with Osteoporosis

If your bones are very fragile and easily susceptible to fracture, there is a high likelihood that you are suffering from osteoporosis. This disease is very prevalent among the elderly – people above 50 years and postmenopausal women. You may not even notice any symptom until your bones become fractured. That’s how insidious osteoporosis can be. So, if you have osteoporosis and you get life...Read More

The Truths About Life Insurance with Myasthenia Gravis

Myasthenia Gravis is not a common health challenge you here about every time in the media. Nevertheless, women below 40 and men above 60 are more likely to show symptoms of Myasthenia Gravis according to findings. Well, the bad news is that it has no cure. And guess the good news? You can always manage it, most especially if you have life insurance. This will...Read More

The Truths About Life Insurance with High Cholesterol

Contrary to what most people think, cholesterol is good for the body. It’s only when you accumulate lots of cholesterol – due to consuming too much fatty food – that you need start worrying about your health. This is because too much cholesterol can block your heart vessels and cause dangerous inflammations which restrict the flow of blood in your arteries. One way you can...Read More

The Truths About Life Insurance with High Blood Pressure

High blood pressure is one of the most prevalent health conditions all over the world. And many of our readers with high blood pressure, stroke, heart problems, hypertension and related health problems have been asking us several questions about life insurance with high blood pressure. If you are among such people, read on to learn the truths about life insurance with high blood pressure. You...Read More

The Truths About Life Insurance with Hepatitis C

Hepatitis C is a health condition that possesses lots of threats to human lives. It has no cure. And according to WHO, about 400, 000 people die annually due to this liver disease caused by the hepatitis C virus. If you have either acute or chronic hepatitis C and you are looking forward to applying for life insurance, we believe the following truths about life...Read More

The Truths About Life Insurance for Diabetes

Diabetes is no big deal if you are planning to buy life insurance for diabetes. According to research, approximately 9% of Americans are suffering from one form of diabetes or the other. And below are the truths you need to know about life insurance for diabetes. You are highly likely to get life insurance coverage if you have diabetes, whether Type 1 or Type 2...Read More

The Truths About Life Insurance with Crohn’s Disease

Don’t be scared if you have shaking chills, mouth ulcers, fever, severe belly pain, or fast and weak pulse. These are the symptoms of Crohn’s disease. And this does not mean you cannot get life insurance so long you are armed with the information about the truths about life insurance with Crohn’s disease. Your life insurance application will not be declined because you have Crohn’s...Read More

The Truths About Life Insurance with Chronic Obstructive Pulmonary Disease (COPD)

The Internet is replete with tons of information about life insurance with chronic obstructive pulmonary disease (COPD).  But most life insurance sites will not tell you the truth about life insurance COPD. They will just define what COPD is, tell you the causes and symptoms, and then flood their web pages with lots of superficial information about COPD, which you don’t really need in fixing...Read More

The Truths About Life Insurance with Arthritis

Arthritis, also known as joint disease, is a prominent health problem among the elderly. Some children are not immune to this disease, too.  People suffering from this health condition often experience such symptoms as stiffness, pain, swelling and a decreased range of motion. You may not even be able to walk or climb stairs properly if you are diagnosed with arthritis. But there is nothing...Read More

The Truths About Life Insurance with Addison’s Disease

If you are planning to buy life insurance with Addison’s disease, you are not alone. Addison’s disease is a health condition in which your adrenaline glands cannot produce sufficient steroid hormones needed by the body. This leads to joint pains, extreme fatigue, weight loss, low blood sugar, and even darkening of the skin. According to research, Addison’s disease affects both males and females in all...Read More

The Truths About Life Insurance When You’re Pregnant

Many people have been asking us several questions about life insurance during pregnancy. Some readers asked whether they would be able to qualify for any life insurance while they are pregnant. Some clients even inquired whether or not pregnancy affect their life insurance rates while they are pregnant. Others asked whether it is cost-effective and easy to get life insurance during or after their pregnancy....Read More

The Truths About Life Insurance for Smokers and E-Smokers

If there is one habit that is so addictive and difficult to quit, that would be smoking. From America to China and Europe, many people love smoking. Even some doctors and medical practitioners who know the debilitating effects of smoking are not immune to this habit. That’s just to tell you that smoking is a religion which many people are not ready to quit no...Read More

The Truths About Life Insurance After Gastric Bypass Surgery

Gastric bypass is a weight loss surgery that helps you to reduce your stomach size, thus making you eat less and feel full sooner. Some people also undergo this surgery to ameliorate diabetes, improve sleep, and reduce their body mass index (BMI). Nevertheless, gastric bypass has downsides such as digestion issues, sagging skin, and other side effects which life insurance companies put into consideration when...Read More

The Truths About Survivorship Life Insurance

Just imagine a world where you and your spouse can have a joint life insurance policy, where both of you can carry out the life insurance process together as a team. That’s precisely the purpose of survivorship life insurance. Nevertheless, there are some truths you need to about survivorship life insurance. Don’t be deceived, this insurance policy is only attractive for married people who have...Read More

The Truth About Selling Your Life Insurance

Have you been entertaining the idea of selling your life insurance? Generally, people cash in their life insurance policy because they can no longer afford their monthly premiums. Another common reason is that they have no dependents. Some policyholders even sell their life insurance with the aim of financing an emergency. Regardless of why you want to sell it, it would be great if you...Read More

The Truth about Medical Underwriting

Don’t let anyone confuse with the jargon “medical underwriting.” In fact, anytime you hear that word, have in mind that it means the procedures used by insurance companies to assess the medical status of their clients. This includes checking your medical history, examining your blood pressure and knowing whether you drink alcohol or take cocaine, marijuana and other unhealthy products. Another related term you should...Read More

The Truth About Life Insurance with Asthma

Asthma is a global disease with no cure. It affects 235 million people around the world, mostly children in the developing countries. Under-treated or under-diagnosed, asthma can lead to death. And it is not uncommon for people suffering from asthma to be worried about whether they can get coverage for life insurance. But we believe with this guide, parents and people with asthma can know...Read More

The Truth about Life Insurance Contestability Period

The life insurance contestability period is the duration of time used by your life insurance company to determine whether your family will receive your death benefits or not. It typically lasts for two years and begins from the day you buy your life insurance policy. It is different from the suicide clause Most people believe that the contestability period and suicide clause are the same...Read More

The Truth about Life Insurance Table Ratings

When buying life insurance, your insurance provider assesses your age, health and family medical history. This assessment is to estimate how long you may live and the risk of insuring you. If the insurance provider sees that you have a low risk of dying, you can purchase life insurance at a standard rate. If the assessment shows that you have a high risk of death,...Read More

The Truth about Cashing in Your Life Insurance

During periods of difficult times, most people tap into their life insurance as a means of having easy access to cash. Unfortunately, these individuals are not aware of the full implications of their actions. Hopefully, at the end of this article, you should know the entire truth about cashing in your life insurance policy. It reduces your death benefits Withdrawing cash from your life insurance...Read More

Reasons Why You Should Cancel Your Life Insurance

Owning a life insurance policy is like a rollercoaster. Sometimes, you feel so happy that you took the right decision by buying life insurance. Perhaps you enjoyed some benefits as a policyholder. At times, you want as many reasons as possible why you should contact your insurer to cancel your life insurance policy for you. In any case, below are reasons why you should cancel...Read More

Reasons Life Insurance Companies Can Cancel Your Policy

All life insurance companies are always obsessed with making the right decision and at the right time. And as a life insurance policyholder, you are not the only one who can cancel your life insurance policy. Your insurer too can terminate your life insurance plan due to the following reasons. Fraud Most times, policyholders try to outsmart life insurance companies by lying about the severity...Read More

Pros and cons of surrendering your life insurance policy

Surrendering your life insurance policy means telling your insurer that you don’t want to pay the monthly premiums anymore and that you are no longer interest in the plan. People surrender their life insurance policy mainly because they cannot afford the premiums. Some take this decision because they have found a better deal elsewhere. Others surrender their plan because their beneficiaries are now financially dependent...Read More

How Your Body Mass Index Affects Your Life Insurance Rates

You should pay attention to your body mass index (BMI) when applying for life insurance. The reason is that they can determine how expensive or inexpensive your life insurance plan will be. With that being said, here's how your body mass index affects your life insurance rates. Underweight Individuals who fall into this category have a BMI weight that is under 18.5. Life insurance companies...Read More

The Cold Truths About Unclaimed Life Insurance Benefits

Unclaimed life insurance benefits occur when a beneficiary of a life insurance policy is unaware of or fails to claim the death benefit. The dream of every policyholder is to ensure that their loved ones are financially comfortable when there are no more. But unfortunately, many death benefits go unclaimed due to many reasons. Without further ado, below are the cold truths about unclaimed life...Read More

Four Steps to File a Life Insurance Claim

Now that you know that you are the beneficiary of a life insurance claim, the next thing to do is to file a life insurance claim. On the contrary, this process is not difficult at all. So don’t be scared to claim what you deserve. By following the steps below, you are on the right track to getting your payouts Step 1: Contact the insurance...Read More

Reasons to Consider a No Exam Life Insurance Policy

Contrary to widely-held beliefs, you do not need to undergo a medical examination to qualify for life insurance. Therefore, if you are in the process of buying life insurance, we’ve highlighted some reasons why you should get a no exam life insurance policy. You have not visited your doctor for a long time The last time you visited your doctor can determine whether or not...Read More

Reasons the Rich Buy Tons of Life Insurance

Despite the fact that the U.S. President Donald Trump has signed one of the biggest tax cuts in history, the rich will not give up on their hopes of buying lots of life insurance. Here are some of the reasons why the rich like owning tons of life insurance. To protect their assets from tax Under the law, wealthy people who are no more are...Read More

Pros and Cons of Getting Life Insurance for Your Children

Getting life insurance for your children can be every tricky, most especially when you consider the pros and cons of taking that decision. If you are thinking about buying life insurance for your children or just wondering about the subject, this article will help you. Here are the pros and cons of getting life insurance for your children. Pros of getting life insurance for your...Read More

Medical Conditions That Affect Your Insurance Rates the Most

Even though everyone is eligible for life insurance, there are still some medical issues that could make it expensive for you. To know where you stand, we have listed the top medical conditions that affect your life insurance rates the most. Cancer Not all types of cancer affect the rates of your life insurance. For example, skin cancer is mostly regarded by life insurance companies...Read More

How Your Driving Record Affects Your Life Insurance

One of the things you will be asked to provide during your life insurance application will be your driving record. Life insurance companies do this in order to determine your level of risk. To help you know where you stand during your life insurance application, we have listed the ways your driving record affects your life insurance. People with no traffic violations If you belong...Read More

How Your Business Can Benefit From Life Insurance

Every serious business organization needs life insurance in place to aid its operations. However, most companies are not aware of the benefits they could get from using life insurance. In this article, we will highlight some of those life insurance benefits. To Manage cash flow With your life insurance policy, you are always assured of access to funds whenever you want it. Most life insurance...Read More

How to Select the Right Life Insurance Agent

Today, there are many life insurance agents out there, claiming to be the best or the most qualified life insurance broker on the planet. But you need to be careful before you select any one. Experience has shown that a bunch of them are quacks: they are unreliable and the only thing they care about is the amount of commission they will get from you...Read More

How to Determine Your Life Insurance Health Class Ratings

Your health class rating is of paramount importance. The reason is that life insurance companies typically use your health class to establish your risk level and premium rates. To help you predict your health class, we will look at the factors used to determine your health class and the health classification itself. Factors that decide your health class Your life insurance company uses a number...Read More

How to Claim Life Insurance for Missing People

Claiming life insurance for a missing person can be complicated if you don’t know what you are doing. If you are in the process of taking such an action, we have outlined the steps to take to claim life insurance for missing people. 1. Authentication of death This is the first step in claiming life insurance for a missing person. It involves the submission of...Read More

How to Buy Life Insurance After a Hysterectomy

It might be difficult getting life insurance after a hysterectomy but it is not impossible. If you have had a hysterectomy, the following tips will help you know what to expect when buying a life insurance policy. Causes of your hysterectomy What was the reason for your hysterectomy? Your answer to this question will determine if you will be accepted or rejected by your life...Read More

How life Insurance Works in a Divorce

If you are going through a divorce, you might be wondering about what will happen to your life insurance policy. Hopefully, by the end of this article, you should have an idea of how your life insurance works in a divorce. It changes your life insurance beneficiary Generally, most married persons list their partner as the major beneficiary of their life insurance plan. However, in...Read More

How Life Insurance Can Boost Liquidity

Most people are not aware that their life insurance could be a source of reliable liquidity. If you are among such people, have in mind that life insurance can boost liquidity: For personal uses Most times, the assets of a family might be tied to a business, financial markets, or home. In the event of a major crisis, families would have to liquidate their assets...Read More

How Can I Increase My Life Insurance Coverage

If you have outgrown your life insurance policy, then there is a need to explore options that could significantly increase your coverage. But how do you modify your life insurance policy to adequately cover your needs? We have the answers right here in this article. Review your group life insurance options If you are part of your workplace's life insurance plan, there may be an...Read More

Getting or Not Getting Life Insurance after Retirement

Youths and adults are usually encouraged to buy life insurance. If you have term life insurance or a group term insurance policy from work, you may wonder about what to do when you retire. Should you buy a life insurance policy after retirement or should forgo the idea altogether? To help you plan for your future after retirement, here is a list of why you...Read More

Getting Life Insurance with a Criminal Record

Qualifying for life insurance with a criminal record can seem almost impossible. But with the right steps, the process does not have to be complicated. Outlined in this article are things you should know about getting life insurance with a criminal record. Why does a criminal record matter when applying for life insurance? Life insurance companies classify a criminal record in the same category as...Read More

Getting Life Insurance for Your Business

Have you ever pondered what would happen to your business if you die prematurely without life insurance? Let’s give you a clue. Your employees bear the risk of not getting their monthly remuneration. They may even lose their jobs if none of your family members is interested in running the business. And even if your loved ones are interested in it, your creditors may want...Read More

Important Facts About Life Insurance Credit Ratings

You are not alone if you are looking for important facts about life insurance credit ratings. Some people have argued that credit ratings are unreliable, but many experts disagree. This is because such metrics have helped many people around the globe to make informed decisions. Whether you agree or disagree, below are some of the essential facts about life insurance ratings:  Insurance credit ratings are...Read More

Everything about Collateral Assignment of Life Insurance

The collateral assignment of life insurance refers to a situation in which you use your life insurance policy as collateral for a loan. That is, the money lender becomes the receiver of the life insurance benefits. If you die without paying the money you owe, the lender receives the debt benefits. Here is a list of everything you need to know about collateral assignment of...Read More

Avoiding Taxation on Life Insurance Proceeds

If you’re reading this article, you are probably looking for ways to pass on all of your life insurance proceeds to your loved ones. However, with the various state and federal taxes on life insurance benefits, this might seem like a tall dream. Fortunately, we have outlined some decisions you can take to avoid taxation on your life insurance proceeds. Transfer of ownership One way...Read More

6 Must-Asked Questions When Reviewing Life Insurance Quotes

Buying a life insurance policy is a life-changing decision. And you need to be well-equipped with a list of questions when you are reviewing life insurance quotes. This is because such questions will assist you to sift through the myriads of life insurance quotes out there. Without further, here are the must-questions you need to consider when you are scrutinizing life insurance quotes. How much...Read More

5 Things You Didn’t Know Life Insurance Can Do

There are lots of misconceptions about life insurance. Some people will tell you that life insurance is only for the rich. Some will even tell you that life insurance is too complicated for an ordinary person to understand. Well, that’s not entirely true. And in this post, we tell you about five things you didn’t know life insurance can do. You can use your life...Read More

Life Insurance: A Retirement-Planning Strategy

You might not be aware that your life insurance policy can help you achieve your retirement dream. Even though this might sound unbelievable, it is certainly possible. We have outlined the strategies you need to take to ensure that your life insurance becomes a part of your retirement planning. Purchase term life insurance If you want a cost-effective life insurance policy that provides adequate coverage...Read More

Five Facts about Life Insurance Medical Exams

Medical exams are a subject you will come across if you want to buy a life insurance policy or are just looking at the options available to you. While medical exams are not compulsory when buying some life insurance policies, in most cases they are essential. If you are preparing for life insurance medical exams or just want to know about these exams, this article...Read More

Reasons Why Your Life Insurance Application May Be Declined

Several many reasons abound why your life insurance application may be declined. Here, we will explain some of these reasons. Low income A life insurance company may decline your application if your income is too small. If you want large insurance coverage on a small income without having any assets, insurance companies may refuse your application. High-risk job If you have a high-risk job, life...Read More

What is Add to Cash Value Option

Add to value cash option is a universal life insurance feature that allows you to use your proceeds from your life insurance policy to build up cash values. This cash value is then invested by your life insurance company and could offer more returns depending on the result of the investment. Add to cash value option is one way to increase the face value of...Read More

What is Guarantee Issue Life Insurance

Guarantee issue life insurance is a type of life insurance plan that requires no medical exam for you to qualify. Getting this type of life insurance coverage only depends on your age, gender and state of residence. Guarantee issue life insurance is particularly ideal for the elderly and people who cannot get other types of life insurance due to their health issues. Pros of guarantee...Read More

What is Life Assurance

Life assurance is a permanent life insurance policy that pays some money to your beneficiary after you die. With life assurance, it does not matter how soon after you buy a life assurance policy you die. Your beneficiary receives a payout after your death. Some life assurance providers will ask that you pay premiums till you die but in other cases, you stop paying premiums...Read More

Types of Life Insurance

Before you apply for a life insurance policy, it is important that you are aware of the various types of life insurance that are available in the marketplace. The following are the three major types of life insurance policies that can meet your needs. Term life insurance Term life insurance is a life insurance policy that provides coverage – at a fixed rate – for...Read More

What is Level Death Benefit

Level death benefit is a life insurance policy option which fixes the death benefit at a specific amount for the duration of the life insurance plan. For instance, if you purchase a 30-year life insurance plan, your death benefit will stay the same throughout the 30-year period. With level death benefit, the time a person dies has no effect on the life insurance policy. Just...Read More

What is Accelerated Death Benefit

An accelerated death benefit is a rider you can buy along with your life insurance policy. It allows you to take some of your death benefits while you are still alive. However, this money is removed from the death benefit given to your beneficiary after you die. Pros of accelerated death benefit You can benefit from your life insurance if you are terminally ill. If...Read More

Ways of Tracking Unclaimed Life Insurance Money

Individuals sometimes buy a life insurance policy without informing the person they name as their beneficiary. As a result of this, after their death, the beneficiary cannot claim the insurance money because they are unaware it exists. If you believe that you could be the receiver of insurance benefits, there are ways to make sure and claim the money. Here we will explain the ways...Read More

Typical Life Insurance Health Questions

Whether you like it or not, there are some health questions your insurer will ask you before your application can be approved. To answer the questions appropriately, here are some typical life insurance health questions you should be well-prepared for. Do you smoke or have you smoked before? If you are the type that only vapes, you may still qualify for non-smoking rates. However, if...Read More

Life Insurance Policies: Things You Need to Know

Looking to purchase a life insurance policy for yourself, friends or family members? Here are some essential things you need to know about life insurance. A knowledge of these will help you in making the right choice. Life insurance policy is a contract When you decide to file a life insurance policy, understand that it is a contract between you and the insurance company you...Read More

Will Government Tax You for Benefiting From Your Life Insurance Policy?

Are you worried about Uncle Sam dipping his hands into your life insurance claims? Are you scared that your life insurance beneficiaries will be heavily taxed upon your death? Then you should be informed with these facts concerning your life insurance and taxes. Life insurance from your employer might be taxed If you have the group term life insurance given by your employer, the first...Read More

Why You Should Get A Life Insurance Policy

Life insurance is a way in which you can prepare for your demise even before it happens and care for your loved ones afterward. There are many other reasons why you should pay for life insurance: Financial protection for dependents Life insurance is a way of preparing for the unknown future and ensuring financial stability for your loved ones in cases of sudden death. Owning...Read More

When Should You Get a Life Insurance Policy

If you are reading this, you definitely understand the importance of getting a life insurance policy. But are you confused about when you need to get that life insurance for yourself, family or loved ones? Worry no more because we have the answers right here. When you are young Insurance companies generally give better life insurance premiums to younger people. The reason is that young...Read More

When is the Right Time to Buy Life Insurance

Having read about the benefits of owning life insurance, you may be asking yourself "When is the right time to buy life insurance?"’ The simple answer to that question is when you are young and healthy. If you are no longer young and at the prime of your health, the best time to pay for life insurance is NOW! Below we will explain why the...Read More

What You Need to Know About Life Insurance Company Ratings

Before you buy any life insurance policy from insurance companies, it is always advisable to do some research about the insurer. That way, you will be able to know their financial strength ratings and get the best quotes. Without further ado, here are some things you need to know about life insurance company ratings. Find out who the players are As at today, there are...Read More

What You Need to Know about Life Insurance

Are you interested in getting life insurance? Or are you curious about the subject of life insurance? If your answers are yes, we’ve pointed out some important things you need to know about life insurance. The prices of life insurance policies vary Life insurance policies can be expensive or cheap. To say it another way, the cost of life insurance you buy depends on the...Read More

What Should Be Your Life Insurance Goals

Do you even know that your life insurance can help you achieve any key financial goals you currently have? Well if you don’t, grab your pen and notepad, and let’s consider some life insurance goals you probably need. To pay off your mortgage We are sure you would completely love to own your home. But that dream could be a long way off in the...Read More

Types of Term Life Insurance

If a term life insurance is what you are looking to get, then you should definitely know about its different types. We have listed the most common types of term life insurance, along with their facts and benefits, to help you make the right choice. Guaranteed level term life insurance This type of term life insurance is the most common and basic type. It has...Read More

Tricks and Tips to Get the Best Life Insurance Policy

Buying life insurance can be confusing. Choosing the one that best suits your needs can be hard as well. We have compiled a list of tricks and tips to help you get the best life insurance policy. Buy life insurance when you are young and healthy. It is cheaper and easier to purchase insurance at this time. Choose a detailed insurance plan. This plan can...Read More

Top 3 Companies That Provide Life Insurance Services

Nothing is more fulfilling than buying your insurance policy from a reliable and reputable insurance service provider. You get the best customer support and the best deal at an affordable price. So, what are the essential qualities that you need to look out for when comparing life insurance services? You’ll need to check: Their policy provisions Their history of operations Their financial strength ratings Based...Read More

Tips for Finding out If You Are a Beneficiary of a Life Insurance Policy

If any of your parents, family members or spouse dies, there might be a possibility that they took out a life insurance policy while alive. There could also be another possibility that you are the sole beneficiary or one of the beneficiaries of that insurance plan. So how do you find out if you are a beneficiary of their insurance policy? Search documents for clues...Read More

Tips for Avoiding Life Insurance Mistakes

Even though life insurance is a great way to protect your loved ones, it comes with some risk that could negatively impact your finances and family, if you are not careful. We have listed out some tips to prevent you from making these mistakes in your life insurance policy. Review your life insurance needs regularly Most people make the common mistake of not reviewing their...Read More

Things You Need to Consider Before Signing Up For a Life Insurance Policy

So you have finally decided to sign up for a life insurance policy? Before you purchase any insurance policy, here are some of the things you need to take into consideration. Your insurance needs Everyone insurance needs vary. Some people want an insurance policy in order to help their children, spouse, and kids when they are no more. Some want it to cover only their...Read More

Step-By-Step Guide to Buying Life Insurance

Today, many people want to buy life insurance so that safeguard the future of their loved ones when they are no more. But the major challenge is that they don’t know how to go about the process. If you are among such individuals, below is a step-by-step guide to buying life insurance. Select a life insurance policy This is the first and most important step...Read More

Reasons Why Your Life Insurance May Not Pay You a Claim

Do you know there are cases where your life insurance company would not pay your claims to your loved ones?  We have outlined some of the reasons that might prevent you from cashing out your life insurance claims. Staying abroad If you are living outside of the US, that is enough reason for you not to get your life insurance claim. Unfortunately, not many people...Read More

Pros and Cons of Life Insurance

Should I get a life insurance policy now or invest my money elsewhere? This can be a very tricky question to answer when you consider the following factors: Your age Your income Your life expectancy Your occupation Your beneficiary Your short or long-term goals Your family (spouse and children) That said, here are the pros and cons of having life insurance. Pros Tax benefits: There...Read More

Myths and Misconceptions about Life Insurance Policy

There are several myths and misconceptions about life insurance. These have made it difficult for people to decide whether to buy life insurance or ot. Luckily, most myths are not accurate and below are some of them. It is costly to purchase life insurance This is the assumption of a lot of people when it comes to life insurance. Maybe it’s because they believe no...Read More

Limitations of Life Insurance

Like many other things we buy every day, life insurance has its own limitations too. But life insurance limitations are not cast in stone. They revolve around the following factors. Death Benefit Your insurer will not pay your beneficiaries any death benefit if you intentionally commit suicide within a specific period of time. And if there is no reasonable proof that you are dead, your...Read More

Life Insurance Trends 2018

The life insurance industry is evolving. Technological advancements play a huge role in influencing life insurance trends. Here, we will list and explain the top life insurance trends for 2018. Use of cloud for information collection One of the life insurance trends for 2018 is the use of cloud for information storage and collection. The cloud is an online storage space where you can keep...Read More

Life Insurance Tips for Employees

Most employers include basic life insurance as part of their employees' benefit packages. Usually, this insurance is equivalent to a small amount of money or a year's salary. However, is it a good idea to get life insurance through your employer? Decide how much coverage you need Are you the main source of your family income? Do you have dependents or not? How will your...Read More

Life Insurance for the Physically Challenged

As a physically challenged, are you worried that you do not qualify for life insurance? Have you been discouraged from getting life insurance because of your disability? Hopefully, your questions will be answered in this article. Can I get life insurance as a physically challenged person? Yes you can! Most life insurance companies have different life insurance policies that are tailored to meet the needs...Read More

Life Insurance for Married Couples

If you just got married or have been married for years, life insurance is something you and your partner should consider buying together. It is popular for one of two partners to get life insurance, but we will explain what life insurance options exist for married couples. We will also explain the benefits of life insurance for married couples. Life insurance options for married couples...Read More

Life Insurance Tips for Employees

As an employee, you need the best life insurance scheme that can meet your needs. With the following life insurance tips, we believe that you will be well-equipped to make the right decisions regarding your life insurance plans for your beneficiaries. Decide how much coverage you need Are you the main provider of your family income? If so, have you ever considered how your children,...Read More

Life Insurance for Children

Buying life insurance for children is not very popular. This situation is because life insurance is meant to provide income after the death of the main salary earner. Here, we will tell you how to get life insurance for your child. We will also examine the advantages and disadvantages of life insurance for children. How to get life insurance for children Include your child in...Read More

Life Insurance for Spouse

When you are planning for the future, it is important to consider buying life insurance for your spouse. Purchasing life insurance for your spouse guarantees your financial stability if they die. Here, we will state the reasons why you need to buy life insurance for your spouse. We will explain how you can buy life insurance for your spouse. The disadvantage of purchasing life insurance...Read More

Life Insurance for Smokers

If you are a smoker or or a retired smoker, it is important to note that you could still qualify for the purchase of life insurance. Some people believe that smokers have low chances of qualifying for any life insurance plan. But that’s not true. Below we have listed out the things you need to know about life insurance for smokers. Use of tobacco products...Read More

Life Insurance for Seniors

Buying life insurance is cheaper when you are young and healthy. It becomes harder and more expensive as you get older. Despite this fact, there are life insurance policies targeted at seniors. Here we will explain the types of life insurance for seniors. We will also state the benefits of life insurance and how to get the best life insurance policy for seniors. Life Insurance...Read More

Life Insurance Contract Basics

There are many types of life insurances policies. These different policies, however, share some basic similarities that make up the structure of a life insurance contract. To help you understand your life insurance contract, we have pointed out some basic features of a life insurance contract. A written contract A life insurance policy is a written agreement between you and the insurance provider. This contract...Read More

10 Important Terms You Need to Understand about Life Insurance

If you wish to buy life insurance, there are some important terms you need to understand. We see these terms regularly in life insurance contracts.  It is essential that you understand these terms before you sign any life insurance policy. We have compiled a list of 10 important terms you need to understand about life insurance. Beneficiary This is the person that receives the life...Read More

How to Select a Beneficiary of Life Insurance Policy

Your primary reason for purchasing a life insurance policy is definitely to provide your beneficiary with coverage in the event of your death. Thus, choosing a beneficiary for your insurance policy is one of the significant steps you need to fulfill when purchasing a life policy. Here’s how to select a beneficiary of your life insurance policy. Decide on a suitable beneficiary This is the...Read More

How to Get a Life Insurance Policy

Getting a life insurance policy is not as hard as people claim it is. In just three easy steps, you can be the proud owner of a life insurance policy. Fill out an application One of the first steps required of you while getting a life insurance is to fill out an application. This application contains questions regarding your health history, height, name, weight, the...Read More

How to Calculate How Much Life Insurance You Need

Knowing how much life insurance you need could be confusing if you don’t know where to start from. In any case, we have outlined some steps you can follow to calculate how much life insurance you need. Assess your family’s expenses Sit down and list how much your family spends in a month. Are there any mortgages, student loans, estate taxes, medical bills or private...Read More

How to Assess Your Employer’s Life Insurance Policy

The growth of the businesses has led to more jobs for individuals. One key factor that has come to influence where you should work is the availability of employee benefits. Some companies offer a varying number of insurance policies including life insurance. However, some do not. Here we will explain how you can evaluate your employer's life insurance policy That way, you can ascertain if...Read More

How Life Insurance companies Make Profits

Life insurance companies provide a service where you pay small amounts of money periodically, and your beneficiary receives a larger sum of money after your death. But have you thought about how these companies make profit? Worry no more as we’ve shown below the different ways life insurance companies make their profits. Investments Yearly, a lot of people pay premiums to their life insurance providers....Read More

Frequently Asked Questions About Life Insurance Medical Exams

Has your life insurance company scheduled you for a medical checkup? Do you want to know all about life insurance medical exams? We have got you covered. What is the life insurance medical exam? It is simply a process your life insurance company use to review the basic information you filled out in your life insurance application. Why will my life insurance company require a...Read More

Frequently Asked Questions About Life Insurance

Getting a life insurance policy can be one of the smartest decisions you can ever make. To help you make informed decisions, we’ve decided to answer the most frequently asked questions about a life insurance policy. Can I have more than one life insurance policy? You can have multiple life insurance policies. But this will cost you more than getting just a single life insurance...Read More

Frequent Questions Life Insurance Companies Would Ask You

When you are ready to buy life insurance, you should be ready for the intrusive questions your life insurance company will ask you. To give you an idea, we have listed some frequent questions your life insurance company will require you to answer. What is your family’s medical history? Life insurance companies typically review the medical history of your family so they can know how...Read More

Factors That Determine the Price of an Insurance Policy

If you are still pondering what factors determine the price of an insurance policy, then you are at the right place. In this guide, we will inform you about those essential factors that influence the amount of premium you pay to insurance companies. Read on to learn more. Your health status and medical history Are you more than 50 years? Do you smoke, drink or...Read More

Categories of People Who Should Get a Life Insurance Policy

When the topic of discussion has its focus on life insurance, the crowd tends to thin out. These are due to several misconceptions about life insurance as well as other reasons. However, life insurance is essential for all and sundry. Below is an in-exhaustive list of people who should purchase a life insurance policy: Business owners More than anyone, business owners need life insurance. When...Read More

Buying Life Insurance Policy Online or Offline: Which One Is Better?

Owning life insurance is one of the ways to take care of your family after your death. The process of buying life insurance has been made even easier through the introduction of online services. However, the existence of online and offline purchase of life insurance may lead to confusion on what purchase method to use. To clarify this confusion, we have examined the advantages and...Read More

Borrowing from Life Insurance Policy: Is It Possible?

The main aim of a life insurance policy was merely to provide a death benefit to a beneficiary at the demise of the policyholder. However, with constant changes in the industry, several additions and corrections have been made by insurance companies to their packages. Different kinds of life insurance packages now allow life insurance policyholders to have investments and savings and borrow against their policy....Read More

5 Important Questions You Must Ask Your Insurance Agents

As someone who is looking to purchase life insurance, it is essential you ask questions from your life insurance agents and get clarified about issues you do not understand. Doing so would help ensure that you avoid walking into a ditch with your legs. That said, we’ve come up with five critical questions you must ask your insurance agents before you purchase that policy. Are...Read More

Tips for Finding out If You Are a Beneficiary of a Life Insurance Policy

If any of your parents, family members or spouse dies, there might be a possibility that they took out a life insurance policy while alive. There could also be another possibility that you are the sole beneficiary or one of the beneficiaries of that insurance plan. So how do you find out if you are a beneficiary of their insurance policy? Search documents for clues...Read More

How to Select the Beneficiary of Your Life Insurance Policy

As an intending policyholder with a life insurance company, you would be expected to select a beneficiary for your life insurance policy. In simple terms, your beneficiary is the individual who will receive your death benefit when you are no more. Here are some tips to help you select a beneficiary. Pick your preferred class of beneficiaries There are two classes of beneficiaries in life...Read More
life insurance for parents

A Guide to Buying Life Insurance for Your Parents

Most times, parents take out life insurance for their children to give them coverage in case of any mishaps. However, it is not out of place for children to purchase life insurance policies for their parents. If you are looking to buy one, here’s a guide on how to go about it. Consult your parents You would need the consent and approval of your parents...Read More