Live Insurance News

Now Is the Time to Think About Life Insurance: 6 Questions to Ask Before You Buy a Policy

July 21, 2020 Guest Author

Securing a life insurance policy is something we should all consider, regardless of age, in order to protect our loved ones. But, most people don’t know where to start, and failing to get the right type of coverage can have disastrous consequences. Asking the right questions before you choose a life insurance policy can help you choose the right level of coverage, as well as the right type of insurance policy. Should I Buy Term or Whole Life Insurance? Term life insurance provides coverage for a specific time frame, which…

Thinking of Lying on Your Life Insurance Policy? Don’t

July 28, 2013March 1, 2014 Guest Author

Honesty really is the best policy if you want to live a great life as well as a great life insurance plan. It is also important to be honest when it comes to life insurance. Because if you don’t, you could potentially hurt your beneficiaries. Read on to learn what is important when it comes to life insurance. First off, let’s explain what life insurance can do for you. Life insurance is a type of insurance policy that offers people you designate as beneficiaries money if you were to pass…

Can You Get Life Insurance If You Are Over 50?

July 27, 2013April 21, 2014 Guest Author

Fifty years old seems like an old age – unless you plan on living past 100, it means that your life is more than half over – but people over 50 do a lot more than they used to. Think about how old your grandparents looked in their 50s and 60s and beyond as opposed to grandparents of today. Actress Jane Fonda is 75 years old and looks 20 years older. Golfer Gary Player is 77, in terrific shape, and recently even posed in the buff for ESPN the Magazine.…

Life insurance companies actively seeking out beneficiaries

May 29, 2013May 27, 2013 G. Turner

The industry is recommending that policyholders take actions to help to make sure death benefits are received. The life insurance industry has been facing some hurdles across many states as many companies have not made extensive efforts to locate the beneficiaries of policies belonging to individuals who have died. Insurers are now making a number of changes as states alter their requirements to find beneficiaries. However, the industry is also recommending that policyholders take a few extra steps to help to make sure that the money that they are paying…

Life insurance should be purchased early for best results

September 15, 2012April 30, 2013

Financial advisors are failing to get the message across to their younger clients. Recent statistics regarding the way that financial advisers are recommending life insurance products have shown that there are two primary common actions that are leaving their clients without the coverage from which they could greatly benefit. The most common of these habits is not to recommend the policies at all. Although life insurance has decreased in its popularity over the last two decades, this does not remove the fact that many people – particularly those with families…