Choosing the Best Life Insurance Agent
Having trouble choosing a life insurance agent? [Editor’s Note: This blog was originally published on August 8, 2013. The content has been updated.] Investopedia, the layman’s go-to source for explanations on finance related questions, has an interesting article on qualities that a good life insurance agent ought to have. It’s a great indicator of values,…
What Does a Rated Life Insurance Policy Mean?
As we all know, insurance companies are in the risk assessment business. But not all risks are the same. Especially when it comes to life insurance. So insurance carriers quantify risk levels with a simple rating system. Life insurance rates classes Most life insurance carriers have four rate classes. Typically, the four primary rate categories…
Illinois is Helping Families Find Lost Life Insurance
Having the safety and security of life insurance can help your loved ones stay in their home and pay bills, should you pass on before your time. But what if you have trouble finding lost life insurance policies? But many people die without ever informing their families that they even had coverage. Perhaps the policy…
May is Disability Insurance Awareness Month
May is Disability Insurance Awareness Month. Do YOU have disability coverage? If not, why not? [Editor’s Note: This post was originally published on May 5, 2013, and has been revamped and updated.] Your most important asset is your ability to work and earn a living. What happens if you weren’t able to earn money for…
Disability Insurance Saved Valerie King’s Family…Twice
Emergency room physician Valerie King was not a firm believer in disability insurance. She didn’t think she’d need it…until she did – twice. When Valerie King decided to become an emergency room physician, she wasn’t convinced that purchasing disability insurance (DI) made sense for her. Valerie was certain that she’d always be able to work….
For Mother’s Day, Give the Ultimate Gift
Mother’s Day is almost here. Give that special woman best gift ever…life insurance! Yes, it’s the gift that keeps giving all year long. To learn why your spouse needs coverage, read on. [Editor’s Note: This post was originally published on May 2, 2016, and has been slightly revised.] Hey, news flash! Mother’s Day is almost…
Can You Get Life Insurance if You’ve Been in Jail?
Think you can get life insurance with a “get out of jail” card? Can having been in jail be a barrier to getting coverage? Can you apply for life insurance in jail? Read on and find out. [Editor’s Note: This post was originally published on December 8, 2009, and has been completely revamped and updated.]…
Life Insurance Keeps Dreams Alive
Scott Young had a dream…to build a business and take care of his family. His life was cut tragically short by a freak accident. His widow, Cathy Young shares how Scott’s life insurance was able to keep his dream alive by providing his family with the financial security they needed. Scott Young and his brother…