Life Insurance Knowledgebase

You may be over 50 years old but that will not do away with the need for life insurance. As the cost of funerals and burials increases, and as financial burdens on people increases, senior life insurance is more important today than it ever has been. There may be family members and other who still [...]

Your life insurance policy will pay a fixed benefit to your beneficiaries when you die. This benefit is determined when you buy the policy. You can add more benefits to your life insurance policy but you will have to pay more. These additions are generally called riders. Some of them are well worth the extra [...]

Second to Die Life Insurance policy is a life insurance policy that insures two people at the same time. The benefits are paid only after the second person dies. It is also referred to as last-do-die insurance, joint and last survivor insurance and survivorship life insurance. You would generally not need a second to die [...]

We Americans tend to insure everything that we think is valuable – homes, cars, personal belongings, even pets! It therefore makes sense we insure our lives and the lives of our family members. Nobody wants their loved ones having financial troubles, especially after they are gone. Life insurance is one way of ensuring that your [...]

If you are young, ready to take on the world and looking for long term protection, you might want to consider variable life insurance. It offers investment and security. It is a form of whole life insurance but gives you more control over the cash value and death benefits amount. Variable life insurance provides permanent [...]

Return of premium life insurance is a newly introduced life insurance policy that provides both death benefit protection and a return of premium insurance feature. With return of premium life insurance, if you keep your policy for the term period, at the end of term, the insurance company will return the entire premium that you [...]

Many people prefer whole life insurance policies because it serves two purposes – life insurance and investment. Whole life insurance is a subcategory of permanent insurance. A whole life insurance policy is one can keep for as long as you live and that will pay the face amount to your beneficiaries. It has a level [...]

Diabetes is commonly known as ‘high sugar’ problem. Much of what we eat is converted to glucose, also loosely called sugar. To use this sugar our body needs insulin. When there is lack of insulin, this sugar can not be utilized by the body and diabetes occurs. Diabetes can cause serious complications that can cause [...]

Second to Die Life Insurance policy is a life insurance policy that insures two people at the same time. The benefits are paid only after the second person dies. It is also referred to as last-do-die insurance, joint and last survivor insurance and survivorship life insurance. Since in a second to due life insurance the [...]

If you are the beneficiary of a life insurance policy and the insured has expired, you must contact the insurance company in order to collect the death benefits payable under the life insurance policy belonging to the insured. If the insured who has expired is a loved one, you may not be in a position [...]