When it comes to money, the more is always the merrier. This is no less true to life insurance benefit or coverage. A bigger coverage obviously means a safer future for your inheritors. And, you should ensure that you do arrange a safer future for your beloved ones through your life insurance policy. As life insurance is not very costly, you would naturally want to get … [Read more...]
How to Deal with Life Insurance Lapse
Own a life insurance and have your premiums due? If it is intentional, it is okay. But if it is simply falling behind the schedule for any reasons whatever, it may turn ominous for you. Your life insurance policy might fall into what insurers say ‘lapse’ state. Life insurance lapse is no good thing. As life insurance lapse is really a worrying issue, you … [Read more...]
What Is Guaranteed Universal Life Insurance?
A guaranteed universal life insurance (GUL) policy is an extended form of term life insurance policy. A term insurance policy ceases to protect your financial interest once the term or ‘contract years’ is gone. Typically, the protection extends up to 30 years. But if you cater to worries beyond the contract years and wish for protection for still LONGER time … [Read more...]
Life Insurance for Step Children: Yes or No?
Re-marriage, divorce, separation, LGBT relationship, re-coupling, living together, dating and being alone—these are all strong trends when it comes to the American family ties. Though it might sound rather critical for a society that we live in, the fact is, these are facts. Blended families are rising in number in the USA. Back in 1990, US Bureau of Census pointed out … [Read more...]
Here’s How Sleep Apnea Affects Life Insurance
Sleep Apnea as a Disorder An estimated 2 million Americans, most of whom are males, are currently suffering from sleep apnea, a sleeping disorder. You might be surprised to know that 80% of the sleep apnea sufferers are not diagnosed. Sleep apnea can be an affective factor in your life insurance. And, as to how the affecting thing will works depends on several … [Read more...]
Loan on Life Insurance {Think Twice}
One of the ways life insurance comes to your rescue in times of need is when you are in need of quick loans. But let this not be taken for granted literally. You need to know the inside news. Depends on the Policy Type Life insurance policies come apart in two major shades: term life insurance and whole life insurance. Term life insurance does exactly … [Read more...]
7 {Fool-Proof} Ways to Get Cheap Life Insurance
Yes, Cheap Life Insurance Is Very Possible! Cheap life insurance is what everyone reasonably wishes for. Yes, you read it right. It is reasonable to look for less expensive life insurance because life insurance is not an investment that will certainly come back to you with profit. You might wonder if it is possible to get cheap life insurance rates. The answer is an … [Read more...]
PTSD Life Insurance: What to Do?
What Is PTSD? PTSD, you may know, is a mental disorder. It stands for post-traumatic stress disorder which a patient suffers from out of catastrophic experiences that threaten life. Traumatic experiences may arise out of any huge fear by natural disasters, witnessing crimes or even from undesired personal experiences. Though not most people experience PTSD, available … [Read more...]
Key Person Insurance: What and Why?
What Is Key Person Insurance? Key person insurance, also known as Key Man Insurance or Keyman Insurance and key employee insurance, is a business protection insurance especially designed for small business owners. As a business owner you can buy this type of insurance on a key person like a financial partner or an important employee and receive the insurance benefit when the … [Read more...]