Life Insurance

When looking for a job, company life insurance may not be the first thing you look for. However, in the long run it can end up being one of the most important benefits of your job. What is company life insurance? Company life insurance is life insurance that covers every employee in an organisation. If someone dies while employed by the company, whether it’s related to their work or otherwise, the policy will pay out a lump sum to that employee’s loved ones. This will often be a multiple of the employee’s salary, often two to four times, although this …

How can company life insurance benefit your loved ones? Read More »

Like most adults, you’ve probably had life insurance at some point. It may have been term insurance as part of a smart financial planning strategy while your children were young, or maybe it was a whole life insurance policy offered by your employer as part of a benefits package.  Now that you’re closer to retirement, you may be wondering whether life insurance is still necessary. Once retirement comes and you no longer have life insurance provided by your employer, you’ll have to decide whether to purchase a new policy or enter your golden years without coverage. This is a crucial …

Do I Need Life Insurance If I’m Retiring? Read More »

Nowadays, insurance policies are so overrated that people sometimes forget to ask more about their insurance. Some people get insurance for the sake of being covered without actually thinking how long their coverage will last. That is why I have consulted again my life insurance agent about my policy and its coverage period. Here is what I have got: The validity of a life insurance policy will depend on the type of policy you will get. For example, if you get a term life insurance policy for ten years, the policy will then expire after 10 years. On the other …

Does Life Insurance Expire At A Certain Age? Read More »

Some people look forward to reaching the end of their life insurance policy because they no longer have to pay their insurance premiums. However, you might look upon it with dread if you still need the coverage. Can you extend your coverage? How else can you stay protected? There are lots of questions about what happens at the end of a term life insurance policy. We’ll answer all of these in this article.  If you’re at the end of your term of a life insurance policy and you are still alive, then, your policy will expire and you will no …

What Happens When Term Life Insurance Expires? Read More »

Buying insurance is a difficult process. Insurance can be fairly high priced, and there are strict guidelines that many companies have for potential customers. Making one simple mistake could mean paying a higher premium for insurance than you should be paying, or not getting insurance at all. Many people make mistakes buying life insurance, and those mistakes make a big difference in whether they will be insured or not. Finding the right insurance for you is a long and arduous process, but it’s important to shop around and fill out insurance applications carefully and conduct insurance interviews properly as well. …

Avoid These Mistakes When Buying Life Insurance Read More »

If you are considering purchasing life insurance there are numerous options to ponder. Your main decision will be between whole life insurance and term life insurance. Term insurance allows you to buy life insurance for a certain term, usually 10 years and then when the 10 years is up you will need to renew your policy and pay a new premium. With a whole life policy you will be able to keep the same policy and payment for your lifetime. Here is a look at some of the pros and cons of the whole life insurance option. Pros Of Cash …

Cash Value Life Insurance Pros And Cons Read More »

Most of us have health insurance and life insurance; Why not funeral insurance? The cost of funerals can run upward of $10k, with the average funeral being about $6k. This can be quite a burden on those left behind when we pass if we haven’t prepared ahead of time to cover the cost. The forethought funeral insurance company began with this idea in mind. What is Forethought Insurance? Forethought funeral insurance is basically an insurance policy that you make payments on, that will cover your funeral costs when you die. You choose how much coverage you need and make payments …

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