A typical term policy costs about 10% as much as the premium on an equivalent amount of whole life insurance. That means not only will you save money on the premium, but you can purchase a lot more coverage. When the term expires, you may be able to either extend your current policy ...
From determining how much coverage you need to signing your policy, we’ve simplified the life insurance shopping process with a step-by-step guide.
Life is full of unexpected events and happenings. In such times, there is a need for insurance to secure one’s life and safeguard the near and dear ones financially. When you choose to take life insurance, it gives surety and security to the family and provides safety coverage to the per...
Many leads might think they don’t need life insurance or are reluctant to commit to the best policy, fearing the cost. Or, they might be required by a bank or law to purchase insurance and want the lowest-price option. In those cases, you should ask questions that will get them to ...
These, and many other questions need to be answered before you can determine the proper amount of insurance for yourself. Some experts will guide you to multiply your gross annual income by six, but I find this to be simplistic and callous for such a serious purchase. ...
There are several types of life insurance; the two main types are term andpermanent life insurance, and it’s important to research each before making a decision on which one to purchase. Term life insuranceprovides coverage for a defined period of time — typically five, 10 or 20 years —...
Selling your life insurance policy might not be something you’ve considered before or even known about, but doing so could be a smart way to unlock value from an asset you no longer need. Whether you’re looking to cover unexpected expenses, fund a new chapter in life or simply make the...
you probably need a life insurance policy. But choosing the right life insurance policy for your family can be challenging. If you’re not sure where to start, you’ve come to the right place.
Life Insurance Basics Life insurance is a type of insurance contract. When you purchase a life insurance policy, you agree to paypremiumsto keep your coverage in force. If you pass away, thelife insurance companycan pay out a death benefit to the person or persons you named as beneficiaries...
The Price of Life: From Slavery to Corporate Life Insurance In the past decade, the coal-mining region that runs from Ohio to West Virginia has logged nearly 1,000 cases of "black lung disease" plaguing workers who've faced prolonged exposure to coal dust. Coal embodies capitalism's most ...