Browsing Archive: January, 2023

How to Buy Final Expense Insurance Online?

Posted by hadley hadley on Sunday, January 29, 2023, In : Life Insurance FAQ's 

Are you shopping for a final expense insuranc plan over the internet?

If so, you may want to consider your specific needs before choosing a policy.

According to a study by the National Funeral Directors Association, the average cost of a funeral and burial in America is around $8,750. However, the overall cost can vary by the location of the town or city in which you reside.

Keep this in mind when deciding how much coverage you need to cover the cost of all of your final expenses.

There are sever...
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Is there Life Insurance for the Uninsurable?

Posted by hadley hadley on Wednesday, January 25, 2023, In : Life Insurance FAQ's 

Can someone considered uninsurable to get insured for life insurance?

Yes, there are life insurance plans available for people who may be uninsurable.

It depends on your age; however, some insurers offer guaranteed issue life insurance plans.

Guaranteed Issue means you cannot be denied coverage if you are of a certain age.

For example, some insurers offer guaranteed issue policies for people ages 45-75 or ages 40-80.

Also, you will not have to take any medical exam or answer any questions about yo...
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Can You Increase Term Life Insurance Coverage?

Posted by hadley hadley on Friday, January 20, 2023, In : Life Insurance FAQ's 
No, you cannot increase the amount of life insurance provided by your current life insurance policy.

However, if you need more life insurance, you may purchase an additional life insurance policy to increase the overall amount of life insurance coverage you own.

But, you would need to apply for coverage and go through the entire underwriting process as you did when buying your original life insurance plan you currently own.

Learn more about Can you increase term life insurance coverage?
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What is the Meaning of a Term Policy?

Posted by hadley hadley on Monday, January 16, 2023, In : Life Insurance FAQ's 

A term life insurance policy is a type of life insurance plan that provide temporary coverage usually lasting for a policy term (duration) of up to thirty years.

However, there are several policy terms to choose from, including 10, 15, 20, 25, 30, 35, or 40 years, depending on your age.

The shorter the policy term, the lower your annual cost of life insurance, because you have a lower probability of dying during the shorter term.

If the insured person dies during the policy term, the death benef...
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Best Life Insurance to Cover Burial Expenses?

Posted by hadley hadley on Thursday, January 12, 2023, In : Life Insurance FAQ's 
Which type of life insurance would offer the best coverage to pay for burial expenses?

A small permanent life insurance policy may bee a good option to consider since it provides lifetime protection and a limited amount of coverage; whereas, most plans offer a minimum of $50,000 life insurance, guaranteed acceptance permanent life insurance usually offers from $3,000 up to $20,000.

Permanent life insurance provides lifetime protection, a death benefit, and may offer a cash value component that ...
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What is a Term Policy Premium Calculator?

Posted by hadley hadley on Sunday, January 8, 2023, In : Life Insurance FAQ's 
A term life insurance policy premium calculator is a calculator you can use to find out how much term life insurance will cost.

You just fill out the quote request form and click on a button and the calculator will give you free quotes from several leading life insurance companies instantly, right on your screen.

By using a term policy premium calculator you can shop and compare the best pricing for term life insurance, quick and easy, from the comfort of your home, or anywhere, at anytime.

Usin...
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Which Term Policy is Best?

Posted by hadley hadley on Wednesday, January 4, 2023, In : Life Insurance FAQ's 
The best type of term life insurance is the one that meets your needs and fits your family's budget.

Term life is temporary life insurance offering coverage for a duration of 10, 15, 20, 25, 30, 35, or 40 years..

Level term life insurance is the most popular and affordable type of life insurance plan.

Level term has premiums that never increase, and coverage that never decreases, during the policy term.

You can shop and compare free quotes for level term life insurance plans online by visiting a ...
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