Category Archives: Life Insurance

Life Insurance

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How Does The Underwriting Process Work?

How Does The Underwriting Process Work?
In layman’s terms, underwriting is the process of determining if a customer is eligible for life insurance (or other types of insurance). However, the term underwriting is used in a broad sense and includes several aspects of how a case is processed. It’s important to understand the difference between underwriting and processing. Once a life…
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Is Succession Planning Necessary For The Sole Business Owner?

Is Succession Planning Necessary For The Sole Business Owner?
What is Business Succession/Continuation Planning? Its the smooth, effective and efficient way to transfer ownership of a business to the surviving shareholder/s, family member/s, key personnel or outside interested parties. When discussing business succession planning we tend to assume that there are multiple shareholders/owners, however the majority of business's today have sole owners who are just as if…
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Riders Let You Customize Your Life Insurance Policy

July 7 2014  Share This Article Riders Let You Customize Your Life Insurance Policy Are you concerned that you may want to buy more life insurance in the future but poor health may prevent you? A guaranteed insurability rider lets you buy additional insurance without a medical exam or evidence of insurability. Have you ever…
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Your Mortgage Debt Can Burden Your Relatives After You Are Gone

Following the death of a relative, the last thing you are expecting is to receive calls from a debt collector asking you to pay your loved one's outstanding mortgage repayments. Your loved one's mortgage is not written off when they die and this means that while debt collectors are prohibited from pestering you, they are…
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Women Are Severely Lacking Life Insurance Coverage

After looking at various National surveys of different demographics of people using life insurance, it has been shown that women and new mothers are significantly under-insured. It appears that less than 30 % of this segment of the population has some sort of coverage, the younger the age the lower the percentage. This poses a…
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