It doesn’t matter where you have a dollar or a million of them, a credit card or a check, a piggy bank of a pension. If you have money, a crook wants it. Which explains why there are so many deceptions involving life insurance. For centuries now, con artists have tried to scam life insurance […]
General Blog
The World’s Record for the Largest Life Insurance Policy
It’s the type of problem we all want. What if you come to realize that you need a really big life insurance policy? …because you’re really, really, really rich? The World’s Largest Life Insurance Policy Many of us don’t have this “problem,” but some people do, and it happened in 2014, in a big way. […]
Does Life Insurance Pay for Suicidal Death?
It’s a long-held belief that life insurance doesn’t pay out if the policy holder kills themselves. But that’s a misunderstood belief and partially a myth. This is a complex topic, but if you’re curious how the two concepts of life insurance and suicide intermingle, here’s what you need to know. Will Life Insurance Companies Cover […]
Can You File a Life Insurance Claim Without a Body?
It’s entertaining to read about in a murder mystery, or to watch on a fictional television show, but heartbreaking in real life. Sometimes when people die, there’s no actual proof that the death occurred. Planes crash in the water, their passengers never to be seen again. People are murdered, their bodies never found. Someone goes […]
The History of Life Insurance
If you enjoy watching an entertaining, old-fashioned western on TV, then you would probably accept the notion of a gunslinger jumping out of a window and falling two stories onto a moving horse and taking out eight bad guys with a six-shooter… and find it all perfectly believable. But odds are, if a Hollywood scriptwriter […]
Life Insurance During and After a Divorce
As we go down the road of life, there will be many changes. Some are happy, and some are not. If your marriage does not work out – especially if there are children involved – divorce can bring about a wide array of changes in all of your lives. As bills and expenses begin to […]
Dave Ramsey On Life Insurance
Dave Ramsey has become a star in personal financial planning circles. One of the things he constantly comments on is life insurance. But should you listen to him?… It depends. Sometimes, he doesn’t get his facts straight and only tells you half of the story. What Does Dave Ramsey Say About Life Insurance? While Ramsey’s […]
How To Choose Your Life Insurance Beneficiary
It’s a pretty morbid thought – someone is going to financially benefit from your death. But should it really creep you out? Life Insurance Beneficiaries The purpose of life insurance is to provide much-needed money that you’re no longer able to provide yourself. It says “I will honor my financial commitments, even after I’m dead.” […]