Will Life Insurance Rates Increase Due to COVID-19?
Life insurance rates are still low, but it won’t last long. Click below and watch Byron explain how this will play out in the coming days. If you prefer to read, scroll down to read the video transcript. Video Transcript With all this extra risk out there, is it possible to get life insurance…
How COVID-19 Is, or Is Not, Impacting the Life Insurance Business and Your Ability to Obtain Coverage
AccuQuote Press Release 3/17/2020 As part of the panic that has consumed the world surrounding the COVID pandemic, many consumers are asking whether insurance companies are doing anything different, or perhaps, postponing the ability of consumers to obtain life insurance, for general pandemic related reasons. When a worldwide event such as COVID-19 consumes the news,…
What is Guaranteed Issue Life Insurance?
Guaranteed Issue Life Insurance, also called Final Expense or Burial insurance, is a kind of Permanent life insurance specifically designed to provide the financial resources to pay for: Funeral services Burial (casket, burial plot, headstone, etc.) Hospital bills Debts you don’t want your family to inherit Other costs associated with end of life Typically, a…
The Lowdown on High Cholesterol and Life Insurance
What do cholesterol and life insurance have in common? Your cholesterol level is a major factor in how much you will pay for life insurance. To find out more, read on. Unless you’ve been living on your own private island with no Wi-Fi, you’ve probably heard by now that your cholesterol levels are a huge…
Final Expense Life Insurance. Everything You Need to Know.
Final Expense life insurance is a very real and legitimate way for people to create funds to help offset the inevitable expenses associated with dying. Policies are available up to age 85, regardless of your health, and can be tailored to meet your budget. Download our FREE Funeral Planning Guide Below What IS final expense life…
Your Sobriety and Life Insurance Coverage
Addiction ruins lives. Period. And the truth of the matter is, those who are strong enough to make it through to see the light at the end of the tunnel have a new lease on life. A renewed love of friends and family. And, a desire to protect everything that supports a sober life. But,…
5 Tips to Help You Shop for Life Insurance
Buying life insurance can seem like an insurmountable task. All the terminology to learn, all of the options to review, and how to find the best deals – it’s a virtual nightmare and enough to send you packing up and saving the entire ordeal for another day. Truth be told, shopping for life insurance isn’t…
Types of Life Insurance. The Basics.
Life insurance comes in many shapes and sizes, but there are two basic types of life insurance policies: Term or Temporary life insurance and Permanent life insurance. They both do exactly what it sounds like: Term insurance is temporary and offers coverage for a specific period of time and pays the face amount of the…
Second-to-Die Life Insurance. Who Needs It?
Survivorship or Second-to-Die life insurance is a type of life insurance that covers two individuals (usually a married couple). The policy’s death benefit is only paid after both insured individuals die. While this type of coverage is most used for estate protection, parents of children with special needs can provide funds for living and care…
Life Insurance: What? Who? How Much?
Life insurance is one of the most important parts of a healthy overall financial plan. Continue reading and learn the what, the who, and the how much, of life insurance. What is life insurance? Life insurance, in its simplest form, is income replacement. When you die, your life insurance will help take care of those…
