If you listen to financial experts when it comes to life insurance, they nearly all say you need to have term insurance, not whole life. In fact, there’s even a standard saying to describe the term life advantage: buy term and invest the difference. But despite that advice, are there times when whole life insurance […]
Types of Life Insurance Policies
Fidelity Life Insurance Review – No Medical Exam Policies
Are you a no exam a life insurance expert? Probably not, but you don’t have to be. We are here to outline some of the most popular carriers and plans on there. In this article, we are going to look at Fidelity Life Insurance. Every person is different, and everyone has different life insurance needs. […]
Why Term Life Insurance Is Cheaper
Life insurers have been making money on term life insurance for years. Inside industry statistics peg term life payouts at less than 1 percent annually. That means that less than 1 percent of all term life insurance policies ever pay death benefit claims. It’s not that insurers are scamming people or refusing to pay, it’s […]
Why Return of Premium Life Insurance is a Bad Investment
Today’s life insurance policies often come with many bells and whistles, offering policyholders some options that might even sound too good to be true. One case, having all of your premiums returned if you survive the term of the policy, may be a prime example – unless you know where to look for the hidden […]
Are assets in life insurance protected from creditors?
Investments are important and making sure that your finances are in order should be at the top of the list. That’s why we believe life insurance is a great first step in the right direction. It’s essential you understand the protection that you’re providing your family and how they will be able to use the […]
Why Physicians Should Buy Term Life – Most of the Time
Life insurance coverage should be considered as an integral part of any good solid financial plan – both personal and business. The proceeds from such policies can be used to provide numerous benefits, including the payment of final expenses, paying off a mortgage or other debt, funding a child’s future college education costs, or providing […]
$100,000 Term Life Insurance: Options for Coverage
Those that are interested in $100,000 term life insurance have several options to choose from. There are generally 2 categories to consider, policies that require an exam, and no exam policies. While it sounds great to buy a life insurance policy that does not require a physical medical exam, it may not be the right […]
ANICO Term Life Insurance with No Medical Exam Option
Life insurance is often an integral part of one’s overall financial plan. But, while some people can easily qualify for life insurance protection due to age and/or good health, others may not be so fortunate. In this case, a no exam life insurance policy could offer you an avenue for the coverage that you […]
Pros and Cons of a Buy/Sell Life Insurance Agreement
If you co-own a business, one of your primary concerns must be business continuity if one partner dies or becomes permanently disabled. Without careful planning, the survivor may not have complete control over the transfer of the business. A buy/sell agreement, entered into with your business partners, will clearly outline the details of the business […]
Short Term Life Insurance – Is it Right for You?
Many factors affect how long a consumer chooses to carry a term life policy. These might include their age, the price of the policy and the reason they are getting life insurance in the first place. When you purchase a term life insurance policy, it is valid for a set amount of time. Usually, the […]
