Bankruptcy is a legal process which allows an individual or business to deal with mounting debt. There are many types of bankruptcy, some of which are designed for individuals while others are for businesses. Life Insurance and Bankruptcy While this legal process can often help people in a tough situation, it can also make other […]
High Risk Life Insurance
Life Insurance Flat Extra Premiums
You need life insurance, but you’ve got a somewhat serious illness, or perhaps you participate in a risky hobby like skydiving. Stop. Before you give up completely, you should know that not all life insurance companies hand out “yes” or “no” answers after the application is submitted. Some of them will tell you “maybe – […]
Life Insurance for U.S. Foreign Nationals
There are, of course, a myriad of reasons that lead U.S. citizens to live abroad for either a temporary or long-term period. Work can take U.S. foreign nationals all over the world where they’re required to live in locales beyond U.S. borders. Pursuing educational goals, taking a sabbatical, or simply choosing to reside in a […]
High Risk Occupations and Life Insurance
People don’t usually think about high risk occupations being a concern with insurance. It’s obvious that pre-existing health conditions, such as smoking or being overweight, cause providers to worry about their liability risk when discussing coverage options. In those cases, insurance providers have every reason to be concerned since these types of policyholders would have […]
Life Insurance for Active Duty Military
There are options for life insurance for active-duty military members with a variety of different components. Servicemembers Group Life Insurance (SGLI), Veterans’ Group Life Insurance (VGLI), and Conversion options, are just a few of the major components. Reaching a greater awareness of the features of each gives you the details that allow you to make […]
Life Insurance With Angina Pectoris or Prinzmetal
If you have angina pectoris or another form of cardiovascular disease, then you will need to know what to expect in terms of term life insurance pricing. You will most likely be declined a traditional policy if you have angina pectoris and are under the age of 40. However, it is possible for you to […]
Alcohol and Life Insurance Premiums
After you have begun the (long) process of buying a life insurance policy, you will have to answer some questions on the application related to your alcohol use. The insurance company doesn’t have rules on “alcoholics,” but alcohol abuse or excessive drinking can cause serious chronic conditions which can greatly affect your life insurance premiums. […]
Reasons People Get Declined for Life Insurance
Adverse health conditions are generally thought to be the reason why one would be turned down for life insurance coverage, but health conditions are only one reason why you could be turned down. There are other reasons why you could be declined and this article will provide you with information, tips as well as what […]
Getting Term Life Insurance as a Cigar Smoker
Most people who enjoy cigars assume that, when it comes to term life insurance, they will automatically be given the much more expensive “Smokers’ Rates” as a result. However, this is not necessarily the case. If you smoke cigars, and only cigars (no other forms of tobacco/nicotine), you are actually eligible for non-tobacco rates with […]
