Life Insurance

Can You Purchase Life Insurance on Someone Else’s Life? What You Need to Know in [2024]  Can I buy life insurance coverage for another person? The answer is yes you can as long as you have an insurable interest and consent. The question of purchasing life insurance on someone else’s life has been raised frequently, with some suggesting it may indicate suspicion of wrongdoing. Many people believe that the insured individual named on a life insurance policy must also be the owner. Often this assumption is not the case. You can legally purchase life insurance that pays the face amount …

Read more

Final Expense Life Insurance for Seniors: The Ultimate Guide for [2024] What is Final Expense insurance is probably the first question that comes to mind. Final Expense or Burial Insurance will provide you with the peace of mind that all your remaining expenses will be paid relieving the burden of any family member being obligated to pay your final financial liabilities. Carefully choose the right carrier and plan design so you can rest assured that your burial insurance will be properly in place, as a result, you will make life a little easier for the members of your family that …

Read more

No Medical Exam Life Insurance: How to Eliminate the Physical in [2024] Are you looking for a simpler and quicker method to apply for life insurance? With no-medical-exam life insurance, you can bypass extensive procedures for physical exams and waiting for medical records. Applying for no-physical-exam life insurance policies not only streamlines the process, allowing for quicker issuance compared to traditional plans, but also eliminates the hassle of coordinating a visit from a paramed nurse.   Enjoy the convenience of having your policy activated in significantly less time, sparing you the lengthy wait typically associated with policy enforcement.   Take …

Read more

How Do Life Insurance Flat Extra Fees Work? The Ultimate Guide for [2024] Life insurance flat extra fees, what are they, and what do they do? Just about all of us who have purchased life insurance at one time or another fully understand the concept of having a premium to pay each year. Many people don’t realize that your health history, height & and weight, tobacco use, and other specific information about you can impact rates. Medical underwriters reviewing your life insurance application usually calculate adjustments to your life insurance rates. Therefore, these fluctuations in your final rates are traditionally …

Read more

Avoiding Life Insurance Procrastination & Securing Your Families Financial Future in [2024] Life insurance procrastination is always very costly when people fail to apply by waiting. When it comes to buying life insurance, time is money. So the question of why people procrastinate when considering purchasing life insurance for your family has been a subject of interest since life insurance was first introduced. According to modern statistics, over 67% of life insurance shoppers consume months of their time kicking the proverbial tin can around and never apply. In many cases, they may finally decide to apply after a friend or …

Read more