Life insurance is a tool that provides an immediate financial benefit to anyone who would suffer from a financial hardship due to you passing away. This would include your family, loved ones, business partners, or in some cases even your employer. Life insurance has traditionally been purchased to help protect the insured’s family, but it…
Are you 70 or older and considering life insurance? We’ve created this extensive guide to life insurance after 70 to give you all the information you need about the most affordable options available. We’ve also included some sample pricing for applicants aged 70 to 79 to help you estimate the cost of your policy. At…
Far too often, people put off purchasing life insurance because they think it’s too expensive. The cost of not having insurance far outweighs the monthly premiums, and if you’re smart about how and when you shop for insurance, the monthly premiums aren’t at all that much! A recent survey found that around 60% of people…
Are you shopping for an affordable burial or final expense life insurance policy? Although thinking about death and the expenses associated with it are not a favorite subject amongst families, there does come a point where planning for the inevitable becomes necessary. Don’t worry, purchasing life insurance does not need to be a painstakingly difficult…
Was your life insurance policy approved at a more expensive rate than you expected due to high cholesterol? According to the CDC, elevated cholesterol is a very common condition that affects nearly 1 in 3 adults in America. However, for many people, elevated cholesterol levels go unnoticed until they have lab work completed for a…
You don’t need to be a millionaire to need $1 million or more in life insurance. While a $1 million or $2 million term life insurance policy may seem like a lot of coverage initially… it’s not. When you take income replacement, debts, and funeral expenses into account, $1 million might just be the amount…
The most common reasons that people purchase life insurance include: paying for final expenses, providing income replacement, leaving an inheritance, and protecting a mortgage. But did you know that life insurance can also be used to protect your business, pay medical bills, or allow you to enjoy your retirement savings guilt-free? As an independent agency…
Once you’ve entered your 50s, purchasing life insurance can get a little complicated and may require special guidance from a seasoned insurance agent. The general life insurance advice you find online or hear from friends and family may no longer apply to you since a lot of information available is tailored to a perfectly healthy…
If you have spent the majority of your professional career at a large corporation or government agency, you can probably look forward to collecting a pension when you retire. Most pension plans offer two options: a joint-pension payout or a single life payout. A joint-pension plan will offer you and your spouse a reduced monthly…
Everyone’s life insurance needs are different, but most of us will need less life insurance coverage as we get older. Once the house has been paid off and the kids have moved out, our need for life insurance is minimal, but many of us will still need some coverage for final expenses. In this article,…