What are the risks of insuring a specific person? The only way an insurance company can know that is through medical exams and a blood test is one of them.…
Last year, we posted about the ‘Buy Term and Invest the Difference’ strategy for covering life insurance. To recap, this is a straightforward idea. It involves replacing a permanent life insurance policy…
Life insurance policy is a determinant of one’s ensured money inflow in a future time period (in most of the cases after the death of the insured person). The concept…
The soaring prices of insurance policies are becoming a major cause of concern for people these days. Insurance companies have become excessively vigilant in providing insurance to their customers. The…
Burial or funeral insurance is tax-deductible or not is a commonly asked question. The answer may disappoint you; most of the individuals can’t claim burial expenses as tax-deductible. However, if…
Life insurance companies have their own parameters for judging the health of the people they insure. There are various kinds of tests that they perform on us so as to…
Do I need a Social Security Number to get life insurance? This is one of the most frequently asked questions. It is relevant to immigrants who haven’t got an SSN…
Just as the name suggests, the state regulated life insurance program as a way to secure consumers' rights. Every insurance company should regulate their product and policies with the state…
Before approving an applicant for life insurance, most companies require a medical exam. Your premium amount largely depends on your current and past health. While the company can call you…
In the entire insurance industry, the death benefit is a commonly used term. However, it might not seem simple to all. Unfortunately, most customers can not recognize the difference between the…