A graded death benefit policy is a type of whole life insurance policy with a waiting period. It may be an option for people who are unable to be approved for standard life insurance. There is no medical exam required. People who have been declined for life insurance from all
Death is as certain as taxes, and your final expenses may be more than you are anticipating. That’s why it makes sense to purchase final expense insurance to help protect your loved ones after you are gone. Our knowledgeable agency can help you find a final expense insurance policy to
A life insurance policy is a wise investment, but also a financial commitment. Most are effective for 30 years or more. For your policy to remain in effect, you must continue paying your premiums, month after month. If the premium payments are putting a strain on your budget, you may
In most cases, life insurance benefits are paid out after the insured dies and a claim, along with a certified copy of the death certificate, is filed with the insurance company. In cases of terminal illness, however, there may be an exception to this rule. If you have been diagnosed
When you purchase life insurance, you pay the premiums for years or decades, and your beneficiaries collect the benefits when you pass away. It is important to tell your beneficiaries about the policy so they file a claim with the insurance company after your death. How Are Death Benefits Collected?
Buying life insurance for the first time can be a bit confusing, but our agency is available to help you through the process. Here we have outlined the steps you will need to take to purchase a life insurance policy. Learn the Lingo Half the battle is knowing the life
Life insurance is important because it provides financial security for your loved ones should you become incapacitated or pass away. Even if you have no assets to pass on, a life insurance policy can provide an inheritance for them. It can also be used to pay off outstanding debts such
Life insurance is one of the most effective ways to ensure your family is protected. Should you suddenly become incapacitated or pass away, life insurance funds can be paid at once to the named beneficiaries without any concern about taxes or delays related to probate. However, when buying a life insurance
Having a young family is the busiest time of life, and raising little ones tends to tie up a majority of the available time and attention. Young parents may forget that putting a term life insurance policy in place is an important matter. Over the younger years, these policies are
Your hobbies, lifestyle, and overall health impact how much you pay for life insurance. For example, if you have decided to take up scuba diving, mountain climbing, rock climbing, BASE jumping, or skydiving, these activities will affect the cost of your policy. Essentially, your life insurance policy is a legal
