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Category Archives: lower life insurance rates

How to Determine Insurable Interest for Life Insurance

There are many reasons that people purchase life insurance coverage. In most instances, though, individuals want to ensure that someone whom they love and care about will not need to struggle financially should something happen to them.

Certainly, one of the key aspects of life insurance is the named beneficiary that is listed on the policy. The beneficiary is defined as the person or entity that is named in the policy to receive the proceeds of the death benefit. A beneficiary is often a person, such as a surviving spouse or children. However, the beneficiary does not always have to be a person. A beneficiary can be a person, a trust, an estate, or a business. In any case, however, there must be an “insurable interest” in the insured.

An insurable interest exists when an insured person essentially derives a financial or other type of benefit from the continuous existence of the insured person – and conversely, then, if the insured person were to die, the beneficiary would suffer some type of financial loss. Continue Reading

Can Losing Weight to Save Money on Life Insurance Really Help in Lowering Your Premium?

When you have various adverse health issues such someone needing type 1 diabetics insurance or type 2 insurance for diabetics; it can be difficult to qualify for life insurance. Oftentimes, even if you qualify for coverage, certain conditions can cause you to pay a higher amount of premium for your policy. While certain issues such as high… Continue Reading

Can You Qualify for Term Life Insurance After Gastric Bypass Surgery?

We all know that life insurance is an incredibly important purchase that you’ll make for your family, but there are a lot of different factors that can make the process difficult, but it doesn’t have to be. Our agents can make the process as simple and quick as possible. Obtaining coverage through a life insurance… Continue Reading

Understanding Indexed Universal Life Insurance

Throughout the years, the life insurance industry has come out with numerous new products to keep up with the growing demand of consumers’ ongoing needs. Universal life insurance came about in the late 1970s. This was during a time of high inflation, and a correspondingly high-interest rate environment. The product essentially helped people to “buy… Continue Reading

How to Find Low-Cost Life Insurance Online

When searching for life insurance, there are a number of options for potential policyholders today. Before purchasing a policy, though, it is important to have a good understanding of how plans are priced, as well as what life insurance underwriters look for when evaluating an applicant for low-cost life insurance coverage. Types of Low-Cost Life… Continue Reading