Jul 19, 2023
Demystifying 6 Life Insurance Mistakes to AvoidLife insurance protects your loved ones and ensures their financial stability. However, people make significant mistakes when purchasing and managing their life insurance policies. Therefore, avoiding these mistakes is essential, ensuring that your life insurance strategy aligns with your goals and providing...
Jul 12, 2023
Group Life Insurance vs. Individual Life InsuranceDo you want to gain clarity on group life insurance vs. individual life insurance? This article offers insights into both policies, explaining their differences, benefits, and considerations. Whether you're an employer or an individual seeking coverage, empower yourself with the knowledge to make informed...
Jul 05, 2023
Life Insurance Payout: How Does It Work?To avoid adding unnecessary stress during difficult times, it is highly advisable to familiarize yourself with the life insurance payout process. By understanding the intricacies involved, you can alleviate concerns about claiming insurance coverage in adverse situations. Take the time to educate yourself...
Feb 01, 2023
Does Life Insurance Provide Coverage for a Plane Crash?Over the years, with the number of air crashes on the decline, flying has become safer but plane crashes cannot yet be ruled out completely. As a frequent flyer or a pilot, you must know whether your life insurance covers you if you get into a crash. Generally, plane crashes are covered in most life...
Nov 23, 2022
Is Your Term Life Insurance Expired or Expiring Soon? Here Is What You Should DoA term life insurance policy only covers you for a set period, meaning it comes with an expiration date. Generally, term life insurance will cover you for 5-30 years, depending on your policy type. As per the term life insurance rule, your beneficiaries will get the death benefit if you die during the...
Sep 21, 2022
How Having a Heart Attack May Impact Your Life Insurance PolicyThere are multiple variables that impact life insurance policies. Insurers assess both present and future risks. Heart disease is a common issue that many insurance companies are aware of. Research shows that thousands of people die every year due to heart failure. The number of patients admitted to...
Jul 20, 2022
How Should You Choose a Life Insurance BeneficiaryChoosing the beneficiary for your life insurance might not be as simple as you think. It's is not easy to transfer bank accounts to change or update your beneficiary. As a result, you must learn how your life insurance provider handles beneficiaries. Here are a few tips to help you choose the best beneficiary...
Sep 29, 2021
Debunking Common Myths about Life Insurance SettlementsFor those who need them, life insurance policies can provide much-needed funds for loved ones if the primary breadwinner passes away unexpectedly. There are instances, however, when a life insurance policy is no longer needed. In some cases, an emergency may require that a policy be liquidated so that...
Sep 08, 2021
What Are the Reasons That Cause Life Insurance Payments to Be Denied?When you buy a life insurance policy, you expect it to protect your family. There are instances, however, that your family's claim against your life insurance may be denied. Almost every life insurance policy will contain certain exclusions that will result in the denial of your family's claim. It's...
Dec 30, 2020
What Are the Elements That Define a Whole Life Insurance Policy?If you're thinking of purchasing a whole life insurance policy, you should first understand the essential elements of life insurance, especially whole life insurance coverage. Knowing the elements that make up a whole life insurance policy will not only ensure you get the best coverage but will also...
