Policies that combine long-term care and life insurance coverage. Long-term care insurance is designed to help you cover the expenses associated with a chronic or ongoing medical condition. For instance, this insurance can help you pay for stays in a nursing home or cover the cost of home healthcare services. However, many people are wary about securing a long-term care policy because they aren't sure if they will need it. Fortunately, there are new insurance policies that combine long-term Read More
Steps to Take After You’ve Been Denied Life Insurance
Posted on: October 31, 2019
What happens if your life insurance application was denied? No one expects their life insurance application to be denied; however, this is a definite possibility. Typically, this happens because the insurance provider considers you too risky to insure. However, getting denied doesn't mean that this is the end of the road. Here are some of the steps that you can take after your application is denied. Collect Information As insurance companies consider life insurance applications, they Read More
How E-Cigarette Usage Affects Life Insurance Costs
Posted on: September 19, 2019
Does vaping affect your life insurance? When determining your premiums, life insurance providers will consider many personal factors. Not only will they look at your current state of health, but they will also take into account any habits that they consider dangerous. One of the unhealthy habits that will affect your life insurance costs is smoking. But does using e-cigarettes to vape affect your rates the same as smoking traditional tobacco products? Here's what you need to know. How Read More
What are the Best Life Insurance Options for Seniors?
Posted on: August 22, 2019
Life insurance policies that seniors should consider. While many seniors feel comfortable forgoing life insurance, others are interested in securing this financial protection. If you are a senior looking for life insurance, you may not know which options are best for you. Here are some of the policies that may be a good fit for your needs. Term Life Insurance Term life insurance policies are a great option for seniors who are in good health because they require a medical exam. These Read More
Why it Pays to Have Whole Life Insurance
Posted on: July 4, 2019
Why whole life insurance may be right for you. While most people understand the need to secure life insurance, they do not know about their various coverage options. When it comes time to secure life insurance, one of the first things that you will have to decide is whether to go with term or whole life insurance. Term life is the more common option of the two, but there are certain benefits to securing a whole life policy. Here are the advantages of whole life insurance coverage. Read More
Why Age Matters When It Comes to Life Insurance
Posted on: June 20, 2019
How does your age affect your life insurance? In general, the younger you are, the cheaper your life insurance will be. This is why people are encouraged to secure life insurance early in life. But why does age play such a big role in life insurance costs? Here's what you need to know. Why Younger Equals Lower Rates Term life insurance is particularly time-sensitive when determining your rates. This is because term life insurance only covers you for a specific period of time and, the Read More
How Long Does It Take for Life Insurance Benefits to Be Paid Out?
Posted on: April 25, 2019
Here's what you need to know about the distribution of life insurance benefits. If your family's main breadwinner has passed away suddenly, then you may already be feeling the financial impact of their loss. This is why you might be worried about how quickly you will receive your loved one's life insurance benefits. Here's what you should know about the distribution of life insurance benefits. How quickly will I receive benefits? According to the American Council of Life Insurers Read More