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 …
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 …
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 …
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 …
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 …
When you are looking to purchase life insurance, it is essential you are as thorough in the investigation of the insurance company as they will be of you. While price is a large factor in your decision, it should not be the only one. There are many insurance companies that are not what they appear …
How to Check the Ratings of Your Life Insurance Company Read More »
Despite the benefit of life insurance for consumers, Royal Bank of Canada recently decided to stop selling several life insurance products because of economic changes. Low interest rates, a volatile equity market and tougher regulations have adversely affected the life insurance industry. MSA Research, INC chief executive Joel Baker sites the “low interest rate environment” as the core reason …
This post is to support the Life Insurance Movement by Jeff Rose of Good Financial Cents. Do you remember the last time you went to an all you can eat buffet and you were overwhelmed by all the choices? Do you eat the crab legs, prime rib, or the lemon baked salmon? Crap! You just spotted the …
When it comes to buying insurance, consumers are faced with many questions: How much life insurance to buy? What is the best insurance to buy? What life insurance is best for my situation? It’s easy to get overwhelmed. Below is a list of questions that a consumer should ask when shopping for affordable life insurance …
Who really want to deal with the idea of planning their own funeral and preparing themselves and their family for eventuality of their death? It’s not an easy business, no doubt about it. Yet, it does make sense and it provides you with the chance to make sure that everything is in order. This can …
