Should I sell my life insurance policy? Alternatives to selling your life insurance policy Frequently asked questions Looking to sell your life insurance policy? Whether the policy no longer fits your needs or you are looking for ready cash for medical bills, debt payments or other needs, ...
To be approved and obtain life insurance as a marijuana user, you need to work with life insurance companies that view marijuana use favorably. The life insurance company will also want to know the frequency of use, if it is medical or recreational use, and if you have any other high-risk...
Can you get life insurance if you have an autoimmune disease? When your immune system reacts to help your body fight infection or injury, the body can become inflamed in the affected area. For most of us, this is a good thing because it indicates that we’re healing. ...
To maintain coverage, the policyholder must make regular life insurance payments over the policy’s term. Your term life insurance rates will be lower the younger you are when you apply. (For more information, read our “How To Find a Lower Term Life Insurance Premium“). For instance, insu...
Follow this step-by-step guide to buying your first life insurance policy so that you ensure that loved ones are financially secure with the right coverage.
While life insurance can vary between companies and states, most life insurance policies follow the same process: Decide what type of policy you want. Apply with the insurer, following all underwriting procedures. Pay your agreed premiums for the length of the policy. ...
How to get life insurance How do you go about getting life insurance? Here are four steps you'll need to take. Determine your needs Shop around Apply Sign up and make a payment Determine your needs A good first step is to evaluate your needs. Considerpurposes, such as: ...
The benefits of having a life insurance policy are significant and multiple. In exchange for a monthly or annual payment to a life insurance provider, your beneficiaries receive a pre-determined sum of money after you die. The amount of money can range from tens of thousands of dollars to$1...
How to cancel life insurance The process of how to cancel life insurance can vary in complexity depending on the type of coverage you have and the length of time you’ve held the policy. If you have a term life insurance policy, the process is generally straightforward, especially if you’...
Learn more about the different types of life insurance to determine which one might be right for you: » MORE:Term vs. whole life insurance: Differences, pros and cons Key terms in this article Beneficiary The person(s) or entity that receives the death benefit when the insured person dies...