Purchasing life insurance is not fun. Unless you are coaxed into buying protection for your family or dependents, a lot of things should go in between your decision to buy and really buying your insurance. You probably think of shopping around to get better, if not the best, rates. That obviously needs you to choose one from several life insurance company names. … [Read more...]
New York Life Insurance Honestly Reviewed
Of the handful of life insurance companies that you can tell names (of more than 800) of, New York Life Insurance Company is certainly one. While many will have spoken in favor of this company, few will also speak against it. That may pretty much confuse you. While we would ask you to decide for yourself whether you should go with this company or not, we … [Read more...]
Is VUL the Right Choice for Your Life Insurance?
VUL, extendedly speaking, variable universal life insurance is a popular type of whole life insurance that typically gives permanent protection to your heirs. But mere popularity isn’t what you should choose it for. In fact, you need to give a good consideration to it and make sure you know what you’re doing before buying it. While most people opt for traditional or … [Read more...]
18 Evangelical Benefits of Life Insurance
Are There Any Benefits of Life Insurance? Before you give the issue a complete shrug off, having several minutes to think over the benefits of life insurance may not be a very bad idea. After all, the insurance is on life itself, right? There could be a series of list-able reasons in favor of purchasing life insurance. While many of the sub-headings on … [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...]
[Answered] What Type of Life Insurance Should I Get?
I am often asked, “So, what type of life insurance should I get? That’s one of the generic questions pals ask me. I don’t usually give a direct answer to such questions. I wear a fake face: depending on who I am chatting to. Then, obviously but not always, I put forward some questions to the asker to sound him or her out. I do it strategically: so as … [Read more...]
How Much Life Insurance Can I Buy?
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 for your … [Read more...]