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.
Be prepared for every eventuality by understanding the often complex world of life insurance and how it all works.
Get the lowdown on life insurance, including all the different policy types, what's covered and how to apply.
Know you should probably be thinking about getting life insurance but don’t know where to start? Make sure you know what options you have available and which are right for your specific circumstances.
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?
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.
Savvy planning can ensure that you or your family members are covered if faced with the death of a loved one. The ideal tool to guard against a sudden lack of income or ongoing financial obligations is a life insurance policy, and there are a number of choices available.
With age comes a host of challenges that are better solved sooner than later, and thankfully life insurance offers a calming solution.
Most people only think about life insurance when they are considering what will happen to their loved ones if they die. But what if you become seriously ill and can't work? What if you can't make your monthly payments?
Are you thinking about purchasing life insurance but aren’t sure what kind of policy to choose? Choosing life insurance is a big decision, as you want to ensure your loved ones are protected in the event of your passing. But, sifting through all of the policy options can often feel overwhelming. How do you know what life insurance is right for you?
Get an instant price estimate for term life insurance coverage by Bestow
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.
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.