Blog Posts - Life insurance
Can I Be Denied Life Insurance Based on My Health History?
Insurance can be expensive, so many opt to go without it. But for those who have families or people who depend on them financially, they may want the peace of mind that comes with life insurance. Life insurance protects your family when you pass away. Instead of leaving them with…
Continue ReadingHow are Life Insurance Payouts Taxed, if at All?
Raising a family can be a rewarding experience, but just like most life issues, it comes with “what ifs.” What if you die? What happens to your family without your income? Because of this possibility, many people get life insurance. Life insurance offers a payout to your beneficiaries in the…
Continue ReadingWhat is the Difference Between Term Life and Whole Life Insurance?
If you are the breadwinner in your family, you may lie awake at night wondering what will happen to your loved ones if you were to die. How will they move on financially? People get life insurance to protect the people who depend on them financially. If the insured person…
Continue ReadingCan I Change My Life Insurance Coverage Later?
Life is constantly changing. Many people purchase life insurance to protect their families in the event of their death. Life insurance provides financial protection to your loved ones after your death. When you purchase a policy, you agree to pay regular premiums. In return, the insurance company pays a lump…
Continue ReadingDoes Everyone Need Life Insurance?
You are a single person who is successful and financially independent. You have no children or business, and your bills are paid. Do you need life insurance? Life insurance pays a benefit to a beneficiary of your choice when you pass away. It can be a good way to cover…
Continue ReadingWhat if I Do Not Purchase Life Insurance and I Pass Away?
Many people do not like spending money on insurance because they never seem to get their money’s worth. The same goes for life insurance. We will all die at a certain point, but you are basically gambling on the fact that you will die over a certain term (maybe 10…
Continue ReadingDoes Life Insurance Cover Funeral Costs?
As you get older, you may think more and more about your future and possibly even death. There’s no knowing when exactly we’ll die, so it’s a good idea to start planning ahead, regardless of your age. Death is not cheap. When you die, there will be final expenses, such…
Continue ReadingWhen Should I Consider Getting Life Insurance?
As you get older, you may worry more about providing for your family. If you are the breadwinner, you may be concerned that something will happen to you and leave your family without money to pay the bills. While the average life expectancy in the United States is 77.5 years,…
Continue ReadingWhy is Life Insurance So Important?
When people die, they sometimes create financial burdens for their families. Yes, their loved ones are grieving their loss, but at the same time, they have concerns about money. How will they pay for funeral and burial expenses? How will their spouse survive with the loss of income and other…
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