Life Insurance Knowledgebase

Life Insurance is a must for people of all ages. Just because you are retired, it doesn’t mean that you don’t need life insurance. Don’t be under the wrong impression that life insurance is only for younger people who are making sure their spouses, kids, and home mortgage will be paid for if they pass [...]

Your weight is one of the many factors that affect the price you pay for life insurance. Your overall health may be perfect but if you are overweight, you might have a difficult time getting affordable life insurance. If you have a healthy weight, you don’t need to worry much about your insurance deals at [...]

When you are considering a term life insurance policy, a number of questions will come to your mind. The foremost will be why buy a term life insurance policy? Well, for starts, a term life insurance policy is the best bet to meet your short term goals. Term life insurance provides coverage for a specific [...]

Asthma is a long-term inflammation of the airways that makes breathing difficult. It affects almost 17 million people in the United States and is caused by allergens (pollen, dust), irritants (tobacco smoke, air pollution), exercise, infections of the respiratory system, and abrupt changes in weather. Asthma can seriously risk your life insurance costs. If you [...]

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 [...]

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 [...]

Although not very popular, the 5 year term life insurance policy is a term life insurance policy which has been around for some time. It has a low premium. That’s probably why insurance agents don’t aggressively market this policy. Low premium means low commission for the agents. Another reason why it is not popular is [...]

Like with everything else in life, there are many myths about life insurance. This article will take a look at the myths surrounding life insurance and set the record straight, helping you to make the right choice for you and your family. The most common and most popular myth is I don’t need life insurance. [...]

Majority of Americans have life insurance. But a vast majority of Americans who have life insurance do not have sufficient coverage. Merely having life insurance is not sufficient these days. Your life insurance policy must meet your requirements at every stage in life. Your requirements change over the course of your life. One way to [...]

Doctors may tell you that alcohol abuse may take off anywhere from 10 to 15 years of your life. What they may not tell you is that it can also increase the cost of your life insurance. On your application form, you will be asked questions related to alcohol use. If you have a drinking [...]