Based on your answers, the insurance company will decide if you need lab work anyway or medical records to get a policy. I know you guys wouldn’t ever think of lying, but just a reminder: Honest and complete answers are amustbecause if they find you’ve hidden something on your applica...
For term insurance policies, the beneficiary can avail the lump sum only if the policyholder dies during the policy tenure. After the maturation of the policy, the insurance company is not liable to return the premiums paid. It is a pure life cover with no maturity benefits. ...
Life insurance coverage is priced based on the age and health of the insured. So the guarantee to renew coverage for someone with an unknown health outlook in the future doesn’t come cheap. Sometimes you’ll be denied the option to renew. Level-term and decreasing-term insurance A level-...
Offers both term and permanent life insurance policies Term periods up to 40 years in length Cons: May need to work with an agent to purchase a policy No Medical Exam: Term: Whole: Universal: More Details Review: Protective offers both term and permanent life insurance policies. Its...
Understanding health insurance, how to obtain it, and how health industry news may affect your policy.
Convertible term life can be converted to a permanent life insurance policy during a specified period without needing proof of health or a medical exam. Whole life insurance, also called permanent life insurance, is a policy that is offered for the covered person’s lifetime. There are also di...
Insurance exchange. Lets you transfer your coverage to someone else, as long as they’re in good health. 5-year level term. Offers term coverage to the insured person or their spouse, children, parents and/or business partners, with level premiums for the first five years. Guaranteed insurabi...
Above all, life insurance is designed to replace your income when you die. If you have a spouse, kids or anyone dependent on you financially, your policy’s payout can help ease their financial burden. Even if no one depends on your income, there will still be costs associated with your...
5. Free, Instant and Accurate Life Insurance Quotes After reading through some of the pages on this site (start with this one), you will be “smarter than the average bear” when it comes to life insurance. Real life case studies and examples of heart problems and their actual health clas...
A limited purpose flexible spending arrangement (LPFSA) is a medical savings plan, for use with a health saving account (HSA), to pay dental and vision expenses. more Variable Universal Life (VUL) Insurance: What It Is, How It Works Variable universal life (VUL) insurance is a permanent...