Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.
New York Life Insurance Company is one of the country’s oldest and largest life insurers. Since 1845, they have provided families with peace of mind knowing they are prepared for any eventuality. This New York Life Insurance Company review will give you a complete overview of the company and...
A Joint Survivorshipor second-to-die life insurance policy insures thelives of two people, typically two spouses. The death benefit is not paid to the beneficiary until thedeath of the second insured. These life insurance policies are generally available as either whole life insurance or universal...
When shopping forlife insurancewith your spouse or domestic partner, buying two individual life insurance policies usually makes the most financial sense and is the most cost-effective option. However, getting one joint life insurance policy to cover both spouses can be a better option for some cou...
State Farm is most known for car insurance, so you may be asking yourself if State Farm offers life insurance. The answer is yes. This review will answer any questions you may have about choosing State Farm life insurance and will tell you what to look for when shopping for term life ins...
Guardian Life offers whole life insurance, including a whole life survivorship policy called Guardian EstateGuard, which covers two people (usually spouses) on one policy. Guardian pays the death benefit after both insured people die. If you’re a generally healthy person living with HIV, Guardian...
Group term life insurance is life insurance offered as an employee benefit. Often a base amount is covered at no charge, with the option to add more.
Standard universal life insurance: If you're 17 or younger or between 55 and 85, coverage starts at $25,000. If you're between 18 and 54, coverage starts at $50,000. Joint universal life insurance: Covers two people (typically spouses or business partners) and pays out after the first...
You may need life insurance if children or other people in your life rely on you financially. Here’s what you need to know.
With term life insurance, you decide how long you anticipate needing the coverage — for example, until the mortgage is paid off, until the kids graduate from college, or until you retire — and select a term that corresponds to that length of time. ...