Articles for Life Insurance questions answered


Stranger Oriented Life Insurance Policies

One of the most important things that you need to secure in your future is to have a life insurance policy.  This way, in the event that you die, a lump sum will be given to your beneficiaries as a way of helping them cope with the loss.  However, some individuals and even insurance companies found ...

How to Dispute a Life Insurance Claim Denial

For years, you have been paying your premiums diligently, and you remained confident in the fact that your future was secured.  Years later, you lose a loved one and you file a claim with the insurance company, only to find out that your claim is denied. How would you now proceed? Understand that ...

Life Insurance and Financial Planning

Isn’t it strange how some of the things that we do go hand in hand or most of the time the result of what we have done earlier? The same thing is true with life insurance and financial planning. The two are very much different but they go hand in hand. Having a life insurance is normally an indication ...

WHOLE LIFE INSURANCE: Advantages and Disadvantages

What is Whole Life Insurance? Whole Life Insurance is a kind of insurance that remains active for the duration of the insured party’s lifetime and beneficiaries are paid after the policyholder’s demise. Needless to say, it covers the policyholder’s entire life as long as premiums are paid. Premiums ...

Life (Insurance) After Divorce

When a marriage ends, it does not mean that the financial obligations that come along with it also cease.  With it come alimony, child support, and lawyer’s fees that will surely impact your financial standing.  Reevaluating your life after this separation is necessary not only for your own sake, ...

Why do people buy Children’s Life insurance?

Life insurance is the purchase of life policies to ensure that the future of the dependents of the insured is secured after their death. So what is the reason for children’s life insurance?  Unless your child turns out to be the next big thing in the movie screens or the next Ludwig van Beethoven ...

Travel Insurance Mistakes to Avoid

All your bags are packed and ready to go—camera – check, cell phone – check, swim suit – check, tickets – check, travel insurance?—hmm. We all know going away on vacations or even just leisurely trips should be the least stressful activities, especially after spending so ...

Claiming a Death Benefit

Death Benefit, also known as Proceeds is the amount that is payable to his or her beneficiary by the life insurance company upon the insured’s death. A person who purchases a life insurance policy is called a policyholder or insured. He or She will then be insured against death. Upon the death of ...

Life Insurance Mistakes to Avoid

If a lot of people are living with inadequate health insurance, and many others going without it, you can be sure that the same can be said about life insurance. A study done on August 2010 by LIMRA, an insurance research organization, showed that ownership of individual life insurance has fallen ...

Life Insurance and Critical Illness Cover

Critical illness cover is usually obtainable when purchasing a life insurance policy, at an added cost. First offered in South Africa in 1983, it has since gained popularity in Europe, Canada and Australia, in countries that offer nationalized healthcare. Critical illness cover is now also beginning ...

How much life insurance should I carry?

It’s the question most people ask themselves when considering taking out a life insurance policy. They’ve asked themselves if they need it, and may have arrived at the decision based on the fact that they have dependents they need to ensure are provided for in the event of their death, or debts that ...

Avoid Life Insurance Scams

When we hear of life insurance scams, the first image that comes to mind is a clever villain who stages his own death in the middle of the ocean leaving his beautiful beneficiary to claim his multi-million dollar death benefit. They rendezvous at a pre-arranged secret location at midnight then hie off ...

The Great Debate: Term vs. Life Insurance

It’s always been the question of all time, whether to get term or life insurance, and if getting term insurance, should you invest the difference?  To make sure that we are on the same plane here, term life insurance is designed for a specified time period, and offers no cash value.  Known to ...

Lost Life Insurance Policy: What to do?

Life insurance policies are purchased by people who want to provide their family with the same or better quality of life even after they are gone. Sometimes though, the insureds tend to wait for too long before informing the beneficiaries and the intended recipients have no clue of the existence of ...

Common Life Insurance Myths

The subject of life insurance is anything but simple. Aside from the fact that there are literally dozens of life insurance companies out there, there are also different types of life insurance policies to compare – and life insurance companies use different names for their policies making it difficult ...

Cash Surrender Value vs. Face Value (Life Insurance)

As a consumer, life insurance for me is a complex matter. It takes a lot of focus to really understand its components. You can’t just take it as it is. There are different factors to consider before signing up for one. You have to be diligent so that you’ll get your money’s worth. In the early ...

Term Life Insurance or Whole Life Insurance: Which is the Better Choice?

Term Life Insurance, as it denotes, is “a type of insurance with no cash value and designed for specified time such as 5, 10, 15, or 20 years.”*  After the defined period of the policy, the coverage expires and the client must now choose to forego the policy, or obtain further coverage through a ...

No Exam Life Insurance: Your Basics

It’s a known fact.  You would have to go through a battery of tests before you can get yourself insured.  But, how does a ‘no exam’ life insurance work?  Is it possible to get yourself insured without having to undergo these medical examinations? What is No Exam Life Insurance? As the name denotes, ...

Who should purchase life insurance?

One of the scariest things one thinks about is his/her death. Let’s face it, nobody really ever wants to sit down and think about your own demise. Not unless standing on the edge of a cliff or playing with a set of butcher knives as a way to pass time are some of the things you fancy. Not all of us ...

What Determines My Life Insurance Rates?

This is a question most people ask when considering purchasing a life insurance policy. Many wonder how companies arrive at their quotes, or even why quotes vary from one insurance provider to another. As uncomfortable as it may be for some to answer rather personal questions, insurance companies ...

Advertisement

Auto Insurance Quotes

Get your free insurance quotes now!

Random Insurance Topics




Copyright © 2017 InsureMe.us. All rights reserved.
InsureMe.us provides free, accurate and independent advice on more than 200 topics regarding life, health and auto insurance. InsureMe.us does not provide medical advice, diagnosis or treatment.