What is an Irrevocable Life Insurance Trust?
The main purpose of buying life insurance is to reduce the burden of dues or funeral from the shoulder of our loved ones after death. But, the part of...
Determining Life Insurance Health Class
Death is a subject we never want to discuss! But, preparing for uncertainties like death requires wise choices regarding life insurance. Your family and prosperity might depend on it....
What Does Contingent Beneficiary Mean in Life Insurance?
Life insurance can be confusing as it has many terms and words used regularly. A layman would get confused about these acronyms and phrases. So, it is better to...
Can You Have More than One Life Insurance Policy?
Yes, you can have more than one life insurance policy without any legal issues but you need to disclose it. Life insurance is a really good plan of taking...
How to Pay Medical Bills with Life Insurance?
Aging comes certain inevitable packages, there are some we will like such as grandkids, free time, etc. There are some of these packages, we don’t like so much such...
When Must Insurable Interest Exist in a Life Insurance Policy
Death is something you cannot escape in life. The worst part about it is that you cannot predict when yours is coming for you. As a result, taking a...
When to Cash in Whole Life Insurance Policy
Whole life insurance is expensive than the term life insurance, but it comes with so many benefits that make it worthy. One of them is the ability to have...
What Does Life Insurance Blood Test Look For
What are the risks of insuring a specific person? The only way an insurance company can know that it is through medical exams and a blood test is one...
Life Insurance Beneficiary Rules for Spouse
Do you want to take a life insurance policy and you are couples? Are you worried about the rules of a beneficiary for a spouse? Are you wondering what...
How Much Life Insurance Do Seniors Need?
Life insurance is something that most seniors purchase to help their loved ones avoid any financial hardships they might leave after they pass away. According to life insurance statistics...