Category: Life Insurance
Will Quitting Smoking Lower My Life Insurance Premiums?
Posted: October 7, 2019
Will Quitting Smoking Lower My Life Insurance Premiums?There are many reasons to quit smoking, and reducing the cost of life insurance is one of them. When you kick the habit, you save money not only on the cost of cigarettes and healthcare, but on life insurance premiums as well. If you are ready to quit, talk to our friendly agent about how and when it will get you better life insurance rates....
How Many Life Insurance Policies Do I Need?
Posted: September 22, 2019
How Many Life Insurance Policies Do I Need?Financial planning is not always cut and dried. Changes are likely to occur in a person’s life, and financial needs and goals shift along with them. Life insurance is part of the financial picture for a good portion of our lives. It may increase as our responsibilities increase and decrease as we accumulate more assets. There may be times when it suits a person’s needs...
Voluntary Term Life Insurance Vs. Voluntary Permanent Life Insurance
Posted: September 7, 2019
Voluntary Term Life Insurance Vs. Voluntary Permanent Life InsuranceVoluntary life insurance is an optional benefit offered to employees by employers. It pays cash benefits to a beneficiary upon the death of the insured. In exchange for the employer’s guarantee of payment of these benefits, the employee pays a monthly premium. Typically, employer sponsorship makes premiums less costly than for individual life insurance policies. Types Of Voluntary Life Insurance Employers can provide two types...
How Does My Life Insurance Provider Keep Up To Date With My Health?
Posted: August 27, 2019
How Does My Life Insurance Provider Keep Up To Date With My Health?The right to privacy is a bedrock of American values. However, for purposes of life insurance, privacy does not extend far. Your insurance company receives information from your healthcare providers and other sources and shares it with other insurers. Lifestyle changes and health conditions can affect your policy and rates. How Can Health Information Affect Your Life Insurance Policy? Insurance companies use underwriting standards to...
Am I Too Young To Start Paying For Life Insurance?
Posted: August 13, 2019
Am I Too Young To Start Paying For Life Insurance?People in their 20s and 30s may believe that they are too young to need life insurance. In some cases, they may put off purchasing life insurance to pay off other debts. The truth is that buying life insurance young can save you money. Typically, the younger you are when you purchase a policy, the less you will pay in premiums. Why It Is Cheaper...