Many Americans realize that they need life insurance to replace the income that a loved one would lose in the event of a death. But some families forget that stay-at-home parents need life insurance, too.
Most people buy and keep life insurance for the duration of the term. But, if you find a policy that will save you money or if you encounter major life changes that alter how much insurance you need for those dependent on you, you might have good reason to make a switch.
The life insurance industry has found an innovative response to the unmet need for life insurance in the country. Many Americans spend so much time worrying about what type of coverage to get that they fail to follow through with purchasing even a simple policy.
Purchasing life insurance coverage is a decision that too many Americans forget to activate, but keeping this often forgotten policy up to date in terms of common life changes can be even more challenging to remember.
It’s no secret that purchasing a life insurance policy is at the bottom of a lot of Americans’ to-do lists. Studies show that individuals feel household bills have a more immediate impact on their lives and should be paid first, while others believe life insurance is simply too expensive to purchase.
Life insurance is one of the most valuable assets a person can acquire in a lifetime. Serving as financial protection for a person’s loved ones, this coverage can pay for everything from a policyholder’s funeral expenses and final debts to medical costs while still alive.
The lack of life insurance in American households has been an issue for many years, but usually, the individuals who seem to need the biggest boost in coverage are younger individuals. A survey released this week, however, shows the older Generation X population is lacking the coverage it needs as well, largely due to their [...]
When purchasing life insurance, the only limitations most consumers worry about are their medical histories and lifestyle habits; but some Americans also have to worry about how their criminal histories can impact their ability to secure coverage.
When most people secure a life insurance policy, they typically stick with the company for the duration of the term. While there are a number of reasons people usually don’t switch companies, one of the biggest is that there simply isn’t a need.
Before you consider purchasing a life insurance policy, you should have many questions and educate yourself as much as possible before committing. Generally, Life Insurance can be purchased in two forms: Term and Permanent. Learn more about the different types, and be sure to fill out our form to compare free rates from leading life insurance providers.
You most likely have a lot of questions regarding the different life insurance types out there, and you should. It's important to do research and be selective before you buy. Here are some articles to help you start thinking about the advantages and disadvantages of the different types of life insurance. It also answers common questions that people might have.