Life Insurance FAQ's

When does Life Insurance make sense?

May 14, 2017

When does it make sense to purchase a life insurance policy?

Usually, any major life event may start you thinking whether or not you need life insurance:

  • The death of a family member
  • A promotion at work
  • Getting married
  • Birth of a child
  • Buying a home

These are all things which may create a need to consider buying life insurance to protect what you have and provide financial security for those who rely on you for financial support.

It makes sense to buy life insurance if you have anyone you support financially, or if you plan on starting a family one day.

The reasons to buy life insurance while you are young and healthy is to lock-in a low rate and guarantee you have the coverage you may need in the future.

That way, you are protected even if your health changes and you become uninsurable, you already have life insurance.

Here is a list of the top reasons to buy life insurance protection.

Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

Should I Get Life Insurance?

May 10, 2017

If you're considering the purchase of a life insurance policy, it may be because you actually need protection.

Many of us think about life insurance when a major life event occurs; such as, a family member passing away, buying a new home, getting married, getting a promotion at work, or having a child, etc.

If you have anyone who relies on you for financial support, you may need life insurance to guarantee their financial security in case you die.

Life insurance can be used by your beneficiaries...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

Guide to Buying Term Life Insurance

May 7, 2017

If you're in the market for a term life insurance policy, there are several things to learn about and consider before making your purchase.

Here's a checklist to buying term life insurance coverage:

  • Determine how long you need life insurance protection - 5, 10, 15, 20 or 30 years.
  • Decide on how much life insurance coverage you will need.
  • Figure out your life insurance budget.
  • Comparison shop to find the most affordable plan.
  • Review the financial strength ratings of the top insurer you consider for ...

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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

What are Life Insurance Carrier Ratings?

May 4, 2017

Life insurance carrier ratings are an indication of an insurer's financial stability and the insurer's ability to meet their financial obligations which may include being able to pay the claims people make on their insurance policies with the insurance company.

There are several independent rating agencies that review the financials of insurance companies and issue financial ratings attesting to the financial strength of an insurance carrier.

Some of the leading independent rating services incl...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

Adult Life Insurance 80+

May 1, 2017

Is the life insurance for adults age 80 and over?

Yes, there are life insurance plans that offer guaranteed approval for people ages 45 to 85.

These policies may provide up to $25,000 of coverage with no health exam and no health questions asked.

And, you may be able to purchase guaranteed approval life insurance from more than one life insurance carrier.



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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

Can You Buy No Medical Life Insurance Online?

April 25, 2017


Is it possible to purchase life insurance online without taking a medical exam?

Yes, in fact, there's an A++ rated life insurance company that offers up to $1,000,000 of no medical life insurance for qualified applicants.

You can request a free price quote and apply online for a policy in about 15 minutes.

There are some health questions you need to answer when applying for coverage. And, if approved, you may start your affordable life insurance plan today.

Learn how to buy no medical life insur...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

Insurance for Home Payoff

April 13, 2017
Is there insurance you can buy to pay off your home mortgage loan in case you die?

Yes, it's called mortgage payoff insurance and it helps makes sure your loved ones can remain in  the home they shared with you in case you pass away.

With mortgage payoff life insurance you select the amount of coverage that is equal to your outstanding mortgage loan, and you choose a duration of coverage equal to the length of your mortgage loan - from 10, 15, 20 or 30 years of protection.

Insurance that pays of...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

How to get Term Insurance Cheap?

April 7, 2017
How can I get cheap term life insurance coverage?

To start, term insurance is cheaper than any other type of life insurance.

There are ways to lower the cost of your term life policy, including:

  • Get healthy and lower your weight
  • Quit smoking
  • Compare pricing among several insurers
  • Pay premiums annually instead of monthly
  • Don't buy more life insurance than you need
  • Purchase coverage sooner rather than later to lock-in the lowest rate

Here's some more tips for finding term insurance cheap.


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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

Level Term Insurance?

April 2, 2017

What is a level term insurance policy?

It's a type of life insurance that provides temporary coverage for a specific period of time, usually form 10 to 30 years.

How does it work? It's simple and affordable. You select a term for your coverage form 10, 15, 20 or 30 years. The term is the duration of your life insurance policy. The longer your term, the higher your annual cost of life insurance.

If you pass away during the term of your policy, the person you choose (your beneficiary) to receive y...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 

Term Insurance with No Physical

March 26, 2017
Can I buy a term life policy without taking a physical exam?

Yes, if you qualify for coverage (based on your age and health), you may be able to purchase a term policy online with no exam required.

In fact, one A++ rated insurer offers up to $1,000,000 of affordable term insurance with no exam (if you qualify).

You can even apply online and start your life insurance coverage today, if approved.

Learn how to buy term insurance no physical exam required.




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Posted by hadley hadley. Posted In : Life Insurance FAQ's 

 
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