Cancer Life Insurance for New Jersey Residents Surviving cancer is a difficult process and one that is a blessing to anyone involved. There is such a low survival rate that it is nearly always a miracle when someone gets through the worst time in their life. So how is one rewarded by beating the odds? Most commonly, it is an inability to qualify for life insurance. Some of the reasons that are given are the likelihood that the cancer can...more
What is Death Life Insurance? Life insurance and death life insurance can be considered two very different types of coverage. It is a good idea to have both types of insurance because they cover two distinct types of issues. So how does one know the different between the two and which is the more important coverage for them? The following illustrates how the two insurance types vary and what they cover:Death Insurance – This is insurance...more
Diabetes Life Insurance is Available If you have diabetes, you may have been turned down for life insurance before. You've probably been told that you are not eligible for certain policies and this can be a frustrating and frightening experience. If you are approved for life insurance, the company is probably trying to charge you an arm and a leg for it.But it doesn't have to be that way. There are other options in diabetes life insurance. You can find the right insurance policy for your needs even if you have diabetes. Anyone who has an existing health issue may find that they are not considered insurable by many insurance agencies. Thankfully, there are a small minority of companies that now offer insurance to those who have a medical condition such as diabetes.The following are the only possible exceptions for these companies that offer life insurance for diabetes sufferers:Insulin Shock – If you have ever had an attack of insulin shock you may not be qualified for any type of life insurance. This is because you are considered a higher risk than an average diabetic would be. Just because you have had this problem in the past does not mean that you are definitely...more
The Various Life Insurance Benefits The times are tough for many people and with the economy consistently getting worse each day, it is important for those living in New Jersey to have some financial security. Life insurance is not typically thought of as a short term investment as it is considered more as death insurance because it pays out...more
Work Life Balance, and How to Get There As Your Own Boss I think back on my time working for someone else and almost have to laugh now. It seems so distant and far away that it isn't even real to me anymore!But I have to remind myself how I felt at the time.The mornings were the worst. I had to leave earlier and earlier to get to work on...more
Term Life Insurance Funeral Coverage Many people are under the impression that term life insurance does not cover funeral expenses. This is partway true, depending on the length of the policy and where the insured stands in their payments. Term life insurance differs from whole life insurance in a few ways but the most obvious is that it is only payable during the life of the policy. Once a whole life insurance policy premiums are paid off it pays no matter how much time has lapsed. With term, once the contract has come to fruition, the policy is no longer valid.How does term life insurance funeral coverage work?Term of Policy – A term life insurance policy is set up for a set amount of time which is where it gets the moniker of "term". When purchasing this type of policy, it is important to know the terms of the contract before signing it or committing to it. If you are purchasing a five year policy then the payments are made each month for five years and it is only payable if the payments are on time and if the holder passes away within this time frame. There are extensions available for those who need a longer contract after the first one expires.When Does it Pay? –...more
Why is Life Insurance in NJ on the Rise? There is a booming industry in New Jersey and it is not in any industry that people might consider. It is in life insurance in NJ and there are a few common factors as to why this is happening right...more
Three NJ Life Insurance Questions Commonly Asked Buying life insurance never seems easy for those who are seeking it. This is because the policies are so complicated and it can be difficult to understand some of the terminology. Another aspect...more
Life Insurance You Can Borrow From As a popular plan, whole life insurance is usually the most requested type of cash value life insurance. The question is, is it the best plan to use if someone needs to borrow from the policy? In most cases...more
Life Insurance You Can Actually Afford! You've decided to purchase life insurance. Well then, you've made a fantastic decision for your family and those you care for. Knowing that you've provided for them after you're gone is a priceless...more
Top up your Life Insurance "Fun is like life insurance; the older you get the more it costs"…Kin HubbardWe have all heard about the importance of rupee cost averaging when it comes to investments but very rarely do we realise that the...more
Methods For Locating A Dependable Whole Life Insurance Company Everybody wants the best insurance available. Some people can spend hours searching the web and requesting quotes from a large number of insurance companies. The information you...more