When applying for a life insurance policy, you will be asked to answer numerous questions. Each question is designed to provide underwriters with the information they need to determine the level of risk they will take by issuing an insurance policy on you. Types of Questions Asked For the most [...]

Many of us take life insurance for granted. If your employer offers it to you, it’s probably something that you never stopped to review. If you don’t have it as an employee benefit when was the last time you reviewed your coverage? Statements to Consider You should consider reviewing your [...]

When you become a parent, at some point you will be solicited to purchase life insurance for your children. But should you? Priorities Before you consider purchasing a life insurance policy for your child, it is recommended each parent have enough life insurance themselves. Additionally, many experts recommend other financial [...]

Everybody makes mistakes. Under normal circumstances, we can correct our errors and learn from them. When it comes to life insurance, however, it may become too late to fix a critical mistake. And unfortunately, the result will impact the reason you purchased life insurance in the first place – your [...]

When an elderly parent relies on their adult children for support, the costs of medical bills, in-home or assisted-living care, and final expenses can add up, creating not only a financial burden for children but an emotional one as well. Having a life insurance policy in place can be one [...]

Thinking about our own mortality is rarely a pleasant experience. However, there are moments in your life when contemplating the inevitable becomes necessary. Pondering your untimely passing is not so much about you, but those you leave behind. The unexpected loss could have significant financial consequences and life insurance is [...]

Data drives the insurance industry. How an insurance company balances their exposure to risk with the premiums they collect determines if they ultimately survive. When applying for health or life insurance coverage, the questions asked are used to develop a suitable premium. What Factors Affect Health and Life Insurance Premiums? [...]

You know that you need life insurance, but are you sitting in front of your computer wondering how much you need? If so, you’re not alone. The Importance of Knowing How Much Life Insurance You Need There are many reasons why individuals procrastinate when purchasing life insurance. Some are overwhelmed [...]

On the surface, life insurance is a very simple concept. When someone passes away, an insurance company pays a lump sum to their beneficiaries. But with the different types of life insurance policies available, it can be difficult to determine which one is the most valuable to you and your [...]

Well, it’s official: we’re all getting older. We may have thought we were invincible in our youth, but the reality is that we’re all going to kick the bucket eventually. With a life of hard work behind us, we typically assess how we stack up financially as we enter our [...]