Before you look at investments in life insurance, you have to realize that life insurance is more about wealth security than investing. A life insurance policy’s primary aim is to include the financial blanket your family would require if you pass away. Getting paid in dollars on the money you put in your policy may […]
Author: Morgan Williams
How Health Affects Your Life Insurance Premium
We are sad to be the ones who broke the news, but you will not live forever. It is one of the reasons that life insurance is vital to you and your families. You cannot decide when you die, so you can only live a positive lifestyle. The average lifespan of citizens in the United […]
Effect of E-Cigarettes on Life Insurance Rates
Purchasing an affordable life insurance policy might be difficult if you have severe health conditions or if you smoke. People who use e-cigarettes or smoke occasionally might get an insurance policy with 2-5 times higher rates than non-smokers. But there are insurance companies that provide an affordable insurance policy for e-cig smokers. Before discussing the […]
Life Insurance for Children
Undoubtedly, you might have seen children’s life insurance commercials and ponder whether it is appropriate to purchase for your children. Death is a delicate subject for us, and it becomes even more when we bring children into it. It might be wise to buy life insurance for the child, but the policy must be based […]
How to Buy Life Insurance Policy for Your College-Aged Child
In the last few decades, college fees are rising rapidly without any sign of decreasing any time soon. The $1.4 billion of outstanding student debt clearly shows that higher education is expensive, and college students need loans to pursue it. Usually, private student debts have parents as co-signer of the loan. This means that parents […]
What Is Life Insurance Laddering, and How Does It Work?
Term insurance (temporary), whole life insurance (permanent), and universal life insurance are the three basic types of life insurance plans. However, you have the option of building a life insurance package known as an insurance ladder or laddering. What Is an Insurance Ladder? Like a conventional ladder, an insurance ladder has rungs of various insurance […]
Universal Life vs. Whole Life Insurance
So you’ve decided that term (temporary) insurance isn’t right for you, and you’d like to purchase permanent life insurance. Universal Life Insurance and Whole Life Insurance are the two most popular options to consider. Let’s take a look at the difference between the two. Whole Life Insurance Whole life insurance offers predictable premiums and the […]
Why Do People Fear Buying Life Insurance (And Why Are They Wrong)?
Life and death happen suddenly, so buying life insurance does not seem like a high priority right now. Your family members are the ones that are put at risk when you put off getting life insurance. Let’s look at the Top 10 Reasons People Put Off Buying Life Insurance and see if we can eliminate […]
The Ultimate Guide to Term Life Insurance for Freelancers
Freelancers are at the vanguard of an exciting economic transition in the United States. If the makeup of the American workforce shifts, one thing remains constant: insurance. When it comes to benefits like health care, disability insurance, and life insurance, being a freelancer puts you on your own. Even though freelancing appreciates many aspects of […]
How Can Pregnant Women Get Life Insurance?
When you are expecting a child, you begin to think differently. Your world will change forever, and your focus becomes to ensure that your child gets a safe environment. It also includes your financial background. Several times we hear people ask’ “Can I get life insurance if I am pregnant?”. The article provides insights on […]