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
Valentine’s Day often conjures up images of hearts, flowers, and chocolates. But you can show the one you love that you care every day of the year by ensuring that you have a life insurance policy. Your loved one will appreciate that you took the time to put this protection
Every year, it is advised that you take the time to get an “insurance checkup.” Your financial health is an important issue, one that will affect every area of your life. Having the correct levels of coverage for your business insurance and personal insurance is a critical issue, and your
Your family depends on you for personal and financial support. Term life insurance is one way you can protect them should you suddenly pass away due to an accident or illness. It’s important to understand how term life insurance works, as well as the pros and cons of keeping this
Most of us would prefer not to think about what would happen to our families if something happened to us. Life insurance is something we may have to force ourselves to think about, just like a will. The good news is that purchasing a whole life insurance policy can be
