Term Life Insurance- Pros and Cons of Term Policies Shopping for life insurance can be a very confusing and complicated task if you aren't prepared for what you are getting involved with. There are plenty of different policies and types of coverage out there to choose from. For people who need coverage for a limited or specific amount of time, term life insurance policies are generally going to be the most effective option....more
Term Life Insurance- Types of Coverage There are many types of insurance policies to choose from inside the category of term life insurance. By educating yourself, it can be easy to find the coverage that you need. Most people who don't have life insurance coverage feel like they don't need it. Others simply don't understand it so they don't bother. Now, you can learn all about term coverage and whether it is...more
Term Life Insurance- A Crash Course in Term Coverage Term life insurance is one of the more popular types of life coverage that is available today. This insurance provides protection from many different events and situations, and is unique in the way that it works. To help you understand more, here are some basic things to know about term life insurance coverage. Coverage amount available- varies per person, up to millions if desired Length of coverage- 5, 10, or 20 years in most cases, but other terms are available What you get- a death benefit that is paid out when the named insured dies Premiums- available in level or increasing policies depending on needs Cash value- none offered for term life coverage Biggest benefit- affordable coverage that provides exactly what is needed Biggest downfall- the insured person has to die before anything is paid out Guaranteed acceptance- not with all insurance companies As you can see, the basics of term life insurance are pretty simple. There are different types of policies to choose from, but the general consensus is that this coverage is great for people who need a more affordable life insurance option than whole...more
Term Life Insurance- Converting to a Whole Life Policy If you have been reading up on term life insurance, you know that once you buy a policy you will be able to convert that policy to a whole life plan later on down the road. Not every term policy offers this advantage, however, so it will be up to you to find a policy that...more
Easy Routine Automobile Care Ideas That Save Money Numerous folks believe that simply purchasing a vehicle at extremely small expense indicates that small effort need to be put into care auto or maintenance efforts. Perhaps you happen to be pondering that this vehicle is only short-term, or that when issues choose up, you may trade...more
Term Life Insurance- Is Cheap Life Insurance an Option? Everyone wants to know about cheap term life insurance and what it can do for them. While term insurance is generally cheaper than whole life insurance, you really need to look at more than the bottom-dollar cost of your insurance to find the best policy. Cheap insurance is great because it saves you money, but you also have to look at the coverage that you are getting and whether it is really worth it. In some cases, people can find great cheap policies to help them get life insurance protection, but this is not usually where you should focus your efforts. Budget is only one small factor that you have to consider in choosing the right term life insurance policy. You shouldn't shop for policies that you can't afford, of course, but you should never buy something just because of the price. It might make sense to get the cheapest groceries at the store or buy the cheapest personal products from the drug store, but buying life insurance is about what you get for the money, not just how much you pay. Instead of looking for cheap policies, look for quality life insurance policies from providers that you...more
Term Life Insurance- Characteristics of the Policy Term life insurance policies are unique in the way that they operate. With a term policy, life insurance is purchased for a certain period of time based on what a person needs and what...more
What is Life Insurance? - Things You Should Know At the most basic level, life insurance is defined as insurance coverage that provides protection in the event of death of the insured person. The benefit is paid to a named beneficiary...more
Whole Life Insurance- The Advantages and Disadvantages of Coverage Whole life insurance policies are one of the top selling life insurance products available today. They are popular because they offer more than just a death benefit,...more
Long Term Care Insurance – Preparing Yourself and Your Family Nobody wants to visualize himself in a state of anxiety when he is old, weak, and fragile and could longer perform his basic daily tasks. No matter how sad you might think...more
Whole Life Insurance- Different Types of Policies There are many different whole life insurance policies on the market today that you have to choose from. No matter what you need, it can be easy to get the coverage that you desire if...more
Whole Life Insurance- Why Shopping Online Works Thanks to the internet, many more people are reading about and purchasing whole life insurance to protect their loved ones after they are gone. Some people are even choosing this type of...more