How Will My Beneficiary Collect My Life Insurance Money?
Posted: May 23, 2019
When you purchase life insurance, you pay the premiums for years or decades, and your beneficiaries collect the benefits when you pass away. It is important to tell your beneficiaries about the policy so they file a claim with the insurance company after your death. How Are Death Benefits Collected? Life insurance benefits are typically paid out when the insured person has died and the...
What To Expect When You First Sign Up For Life Insurance
Posted: May 16, 2019
Buying life insurance for the first time can be a bit confusing, but our agency is available to help you through the process. Here we have outlined the steps you will need to take to purchase a life insurance policy. Learn the Lingo Half the battle is knowing the life insurance terminology. Use a good glossary to get a full understanding of terms such as:...
Do You Have Enough Life Insurance?
Posted: November 19, 2018
Most of us would prefer not to think about what would happen to our families if something happened to us. Life insurance is something we may have to force ourselves to think about, just like a will. The good news is that purchasing a whole life insurance policy can be a great financial investment. This form of insurance not only allows your life to be...
Am I Too Old to Purchase Life Insurance?
Posted: September 22, 2018
The younger you are, the less it costs to buy life insurance. Unfortunately, our 20s and 30s are not usually the time for thinking that far ahead. Premiums start to increase when people hit their late 40s and continue to climb from there. So how old is too old to buy life insurance? The answer is, the older you are, the more limited your options...
What Is the Right Time to Purchase Life Insurance?
Posted: September 20, 2018
Life insurance is important because it provides financial security for your loved ones should you become incapacitated or pass away. Even if you have no assets to pass on, a life insurance policy can provide an inheritance for them. It can also be used to pay off outstanding debts, such as a mortgage, car loan, or credit card debts, to avoid placing additional burdens on...