Things to Consider When Naming Multiple Beneficiaries
Posted: September 7, 2018
Life insurance is an investment for your loved ones. Naming beneficiaries is an important step in setting up a life insurance policy. While you are required to name at least one beneficiary, it is also possible to name multiple beneficiaries. Doing so can help ensure that your death benefits go where you want them to go in case your primary beneficiary does not survive you....
3 Key Differences Between Whole Life Insurance and Term Life Insurance
Posted: August 21, 2018
Insurance can be a confusing subject, and at BIQ Insurance Agency in Novato, California, a local agency, we want to clear up some basic questions for you. Most families put some type of life insurance in place, and figuring out whether they should buy "whole life insurance" or "term insurance" is the big question. These are very different insurance products, each with pros and cons....
Term Life Insurance Facts You Should Know
Posted: August 9, 2018
Your family depends on you for personal and financial support. Term life insurance is one way you can protect them should you suddenly pass away due to an accident or illness. It's important to understand how term life insurance works and the pros and cons of keeping this type of protection in place. At BIQ Insurance Agency, in Novato, California, we have pulled together some...
5 Behaviors That Can Raise Your Life Insurance Premiums
Posted: July 27, 2018
Your hobbies, lifestyle, and overall health impact how much you pay for life insurance. For example, if you have decided to take up scuba diving, mountain climbing, rock climbing, BASE jumping or decide that you want to get involved in skydiving, these activities will affect the cost of your policy. Essentially, your life insurance policy is a legal contract between you and the company that...
What Is The Right Time To Purchase Life Insurance?
Posted: May 14, 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 in order to avoid placing additional...