Whole life insurance advice comes in handy when you’re shopping for your first whole life policy. Whole life insurance covers you throughout your entire lifetime, and the premiums never change, so when you sign up for a whole life policy, you’ll know what you’ll pay for the rest of your life. The policy can only...
Life Insurance
There are so many different types of Life Insurance that it’s important to understand all of the options available. Here you’ll find information on term life insurance, whole life insurance, universal life insurance, variable life insurance, and much more.
Indexed universal life insurance (IUL) or equity-indexed universal life insurance (EIUL) is a type of permanent life insurance that features all the benefits of the traditional universal life insurance but with accrued values that are tied to stock market index. An IUL policy will have a fixed interest rate attached to it, with a corresponding...
Life insurance riders are add-ons to life insurance policies. Before you buy a life insurance policy or add riders, make sure you compare life insurance riders to determine which- if any- are right for you. Compare Common Life Insurance Riders There are five major life insurance riders that are common that you should look at...
Finding discount term life insurance quotes is relatively easy if you visit websites and compare different costs and types of insurance policies. Usually, you provide some basic personal information, and you’ll receive a number of quotes that show you what offers different companies have available. However, getting discount term life insurance quotes isn’t the whole...
Life insurance can be costly, but there are several creative ways you can reduce your life insurance premiums. Don’t just look for the cheapest life insurance policy; look for the one with the most features and benefits for your money. Here are several ways to bring the cost of your life insurance down. Purchase insurance...
Cheap life insurance policies are out there, you just need to know where to find them. One place to start is online, where you can find sites that offer you dozens of life insurance quotes at a time for you to compare. Term life insurance is the cheapest type of life insurance you can find,...
Before deciding on a Universal Life Insurance Company to purchase a policy from, it is a good idea to do research on the company to ensure that they are financially sound. A universal life insurance policy provides you with coverage for the remainder of your life, as long as the policy doesn’t lapse. It also...
Term insurance is the most popular choice of insurance in the country. It’s simple and easy to understand: You pay a level premium for a specified amount of time. If you die at any point during that term, your survivors get the death benefit free of any taxes. Consider these issues to get the best...
Choosing and purchasing a life insurance policy is a major decision. You are essentially investing money for a future need, and it’s important to understand exactly what you’re getting with a particular policy. Life insurance policies vary in their coverage, limits, and exclusions. With these questions in mind, you can discuss the pros and cons...
Guaranteed term life insurance is another option for life insurance policies, while they follow many of the qualities of traditional term life insurance policies. Term life policies cover you for a specific amount of time, usually 10, 20, or 30 years, depending on your specific needs. Their premium rates are not guaranteed, in other words,...