Why are you buying life insurance? Which policies should you pursue? How do you obtain the information to make an informed decision? The pressure to make sure that you purchase the right policies for your life can seem daunting. You may be worried that the policies that you are considering won’t adequately protect your family…
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Not Your Grandpa’s Policy: Life Insurance That Meets Your Needs
If you’re thinking about how life insurance can help you, you may be thinking of the payout your survivors would get if you died prematurely or unexpectedly. Your family could use the proceeds of the policy to pay funeral expenses, loans and other liabilities and it would give your loved ones a replacement income. Indeed,…
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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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Carefully Designate Your Beneficiaries Now to Prevent Headaches Later
A beneficiary is a person or entity who receives the proceeds of a life insurance policy when the insured dies. To qualify as a beneficiary, a person or entity must have an insurable interest that would suffer significant loss if the insured person dies. There are many different kinds of beneficiaries. They include: An individual…
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Your Stay-at-Home Spouse or Partner Needs Life Insurance Too
Can you put a price tag on the duties that your spouse or partner performs while you are working? Have you felt the impact when your spouse or partner is sick or unable to perform these duties? Can you imagine this scenario becoming the norm? Cooking, laundry, cleaning, picking up the kids from school, and…
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