Get the lowdown on life insurance, including all the different policy types, what's covered and how to apply.
When should you get life insurance? If you’re young, you may not have ever considered buying life insurance. You’ve got more immediate expenses to deal with, and life insurance seems like something middle-aged people need to worry about. Not so, according to experts, who advise that it’s never too early to be insured.
It’s easy to put off buying life insurance, even when you know how important it is. The requirement by some insurers that you have a medical exam before you are approved can be just one more obstacle in the way. Scheduling an exam and taking off work can take too much time.
While staying safe and well remains everyone’s top priority during the COVID-19 outbreak, the events of the past year have also opened many people’s eyes to the importance of getting their finances in order. Having life insurance in place can provide the reassurance of knowing that expenses such as your mortgage and children’s education will be taken care of should the worst happen.
All you need to know about changes in life insurance during the COVID-19 pandemic. These include general and company-specific policy changes in term and whole life plans.
It’s hard to exaggerate the importance of having life insurance. But how do you make sure you maintain the right balance between sufficient coverage, and overpaying for insurance?
If you earn money from freelance or contract work, you’re not alone. In recent years, millions of Americans joined the gig economy, which is where temporary contracts and short-term engagements are commonplace.
About 1 in 5 people say they don’t have enough life insurance, according to a survey from LIMRA. The survey also found that 44 percent of consumers, especially younger generations, overestimate the cost of life insurance premiums by as much as 5 times.
According to a survey run by the non-profit Life Happens, 90% of people with families agree that life insurance is a must—but only 60% of them have life insurance.
Be prepared for every eventuality by understanding the often complex world of life insurance and how it all works.
Life insurance can act as a powerful and flexible financial tool to make an impact on the quality of life for your family.
With age comes a host of challenges that are better solved sooner than later, and thankfully life insurance offers a calming solution.