Generally speaking, the details of a life insurance policy are easy to grasp. When searching for life insurance, you shop around and enroll for the policy that best suits your needs. If you pass away while your policy is active, your heirs will collect a death benefit. You will likely need to pay more premiums to …
3 Disadvantages of Getting Life Insurance Through Work Read More »
Even if a life insurance agency goes bankrupt, you will still be covered due to reinsurance contracts and government insurance requirements. When you purchase a life insurance plan, you want to feel confident that the insurance provider will continue to compensate your beneficiaries despite a downturn in the economy. Thankfully, the life insurance industry is highly …
What Happens If My Life Insurance Company Goes Out of Business? Read More »
If you’re considering purchasing a life insurance policy in Houston, you should know about the free look period. Within this window, you can cancel your coverage and get a complete refund of your premium. Keep reading to learn more about this period and how it works. What is the Free Look Period? The policy contract you …
Life Insurance 101: What’s the “Free Look” Period? Read More »
The legal ramifications of driving under the influence (DUI) are far-reaching, affecting everything from one’s ability to have a license to their professional and personal life and even their survival. Perhaps you haven’t even considered it, but you may wonder, “Can I acquire life insurance after a DUI?” Although you knew that getting affordable vehicle insurance was unlikely, …
Can I Apply for Life Insurance If I Have a Criminal Record? Read More »
Life insurance is meant to ease your mind by helping your family members financially in the event of your death. You can get either permanent coverage or a term policy if you think you need life insurance. When comparing life insurance plans, it is important to remember that each option has advantages and disadvantages. Term life insurance seems …
Term vs. Permanent Life Insurance: What’s Better for Me? Read More »
Having life insurance in place helps ease the burden of financial responsibility left behind in case of untimely demise. However, what happens if the insurer (you) passes away abroad? If the policyholder passes away while traveling abroad, the policy should still pay out. That, however, is not always the norm. Your life insurance agency may consider your …
Will My Life Insurance Cover Death in a Foreign Country? Read More »
