General Life Insurance Information

People purchase life insurance every day; well some people. Others do not for various reasons. Some may purchase life insurance very fast with little consideration. Although life insurance is simple in nature, it can be complex. It requires some patience to determine the correct policy. It also requires transparency with your life insurance agent. I…

It’s unfortunate that a life insurance claim calls for paperwork which is hardly welcome to anyone when they are facing the loss of a loved one. Legal and tax reasons however require beneficiaries to file claims for settlement funds. The process is detailed in some basic steps, also serving as a checklist to ensure that…

There are numerous reasons that life insurance rates have been declining over the past couple of decades. These reasons include Insurer’s cutting down their expenses, investing their balance sheet in a far superior method, and increased competition in the marketplace. But one fundamental change has been driving significant consumer savings in the life insurance space…

Some health conditions, your lifestyle and activities you take part in can increase your life insurance premiums. Some even disqualify you from certain insurance plans. In this article, we will discuss some of the health risks and lifestyle choices that affect your insurance rates. Life insurance is based primarily on your age and on your…

For long, life insurance has been seen as a key building block of financial security due to the protection for those closest to you in case of a death. In various forms, the one core benefit it offers is to pay an income-tax-free death benefit directly to your beneficiary on your death. There’s more to…

The fact that death is inevitable necessitates the need for all to take a pragmatic approach and plan for our family’s future. Dependents should be financially secure in case the breadwinner of the family expires. The right course of action to ensure this is through life insurance. The Sept.11th 2001 attacks that resulted in large-scale…