How does life insurance work after you die?

Once you have passed away, your beneficiary would need to contact your life insurance company and make a claim on your policy in order to receive the death benefits from your insurance.

That's why it is so important to make sure you let your beneficiary know that you have life insurance, where the policy is located, and what to do once you've died, so they can get the proceeds from your life insurance.

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Is there any life insurance I can buy to protect my income?

Yes, there are life insurance policies to help replace your income for your family should you die.

Term life is the most affordable option, offering coverage for a period of up to 30 years.

The proceeds from the life insurance policy go to your beneficiaries and can be used for any purpose; such as, to pay for living expenses, pay off debt, and maintain your family's lifestyle.

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How can I get multiple life insurance quotes over the internet?

It's simple. To compare multiple quotes for life insurance you just visit a life insurance website online and fill out a short Quote Request form.

It only takes a minute, and then you instantly see the lowest prices from the insurers offered.

Make sure you answer all questions truthfully when requesting a free quote, especially if you smoke or not.

By comparing multiple life insurance quotes you may save quite a bit of money on your ...

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Yes, you can be turned down for a life insurance policy.

There are many reasons why someone may be turned down for life insurance.

Some of the most common reasons for being declined for life insurance include old age, poor health, drug or alcohol abuse, DUI's, high risk jobs or high risk hobbies, among other things.

However, you may still have other options available for life insurance, including contacting high risk life insurance carriers and brokers who specialize in placing life insurance fo...

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Can I buy life insurance to pay off my debt?

Yes, you may purchase term life or permanent life insurance, and the proceeds may be used by your beneficiary to pay off any debt you leave behind upon your death.

Many people use life insurance to provide their loved ones with the funds needed to pay off their remaining debt.

For example, 20 or 30 year term life insurance is often used to provide mortgage protection, so your family has the money needed to pay off the mortgage loan should you die befo...

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The easiest way to purchase life insurance is quick-issue, simplified term life insurance over the internet.

Today there are several life insurance carriers that offer same-day life e insurance coverage to qualified applicants who are healthy and between the ages of 18 to 60.

You can apply online and qualify to purchase your life insurance plan in as little as 15 minutes.

Although there are no medical exams required, you will be need to answer some health questions.

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Is there any life insurance coverage where you can get money back on your insurance policy?

Yes. It's called "Return of Premium" term insurance and it returns almost all of the premiums you paid throughout the life of your policy, if you outlive your policy term.

However, the premiums you pay for this type of life insurance policy are usually much higher than you would pay for a regular term life insurance plan that does not return your premiums.

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Yes, adult children with an insurable interest in their parents may purchase funeral insurance policies for their parents.

Insurable interest is required in order to buy life insurance on someone else.

Insurable interest does exist between parents and their adult children.

There are guaranteed issue funeral insurance policies available for your parents if they are between the ages of 45-85.

That means there is no doctor exam required, and you won’t have to answer any questions about the health ...

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What is the best non term life insurance coverage for people over 60 years old?

The only option for non term coverage would be permanent life insurance.

Permanent insurance provides guaranteed lifetime protection as long as you pay your premiums on time.

These plans provide a death benefit, and they build cash value inside the policy from which a loan may be taken in the future.

However, permanent life insurance usually costs up to 5-10 times more than the same amount of term life insurance.

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Can I buy life insurance coverage online without any phone calls?

Yes, in fact, there are insurers that offer the option for you to apply direct online for your life insurance policy.

It takes about 10-20 minutes to apply online, and once approved, you may start your life insurance coverage the very same day.

Make sure to answer all questions truthfully on the application for coverage.

And, there is a Free Look period which allows you to return your policy for a full refund if you are not satisfi...

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