There are two types of life insurance policies: term and permanent. One of the most significant differences between the two is that term life insurance is a temporary product. It has an expiration date. What happens when term life insurance expires? Your coverage ends, and you stop paying premiums. In this guide, you’ll learn how… Read More »
Who can get life insurance? What are the related terms of coverage and responsibilities? When it comes to being the owner of a life insurance policy, there are three distinct roles related to one policy you should know about: the owner of the policy, the insured person, and the beneficiary. When you get life insurance,… Read More »
The death of a loved one is never easy. There is a lot to manage while dealing with grief. If you aren’t sure if your loved one had a life insurance policy, this guide can help you find out. 4 Steps to Take to Find a Life Insurance Policy Whether or not someone has a… Read More »
The cost of a $100,000 life insurance policy varies depending on the type of policy, and your individual factors such as age, gender, health, and lifestyle habits. The most affordable option is a $100,000 term life insurance policy. See for yourself. Get a quote for $100,000 of term coverage instantly using our free quoting tool. No… Read More »
Our goal is to educate and advise on life insurance options, so you can feel confident in making the right choice, whether that’s through Quotacy or somewhere else. To ensure we provide accurate and trustworthy information, our writers follow strict editorial standards. Term life insurance is a simple, temporary, and affordable way to protect your loved ones… Read More »
Buying a million-dollar life insurance policy is more common than you may realize. Consider everything your income provides for your loved ones – it’s a lot. If you die unexpectedly, a one-million-dollar life insurance policy can replace your income so your family’s standard of living can remain the same and they can pay for your… Read More »
Can you get life insurance after a heart attack? In most cases, the answer is yes. Your current state of health will affect the kind of policy you should apply for, as well as what you can expect to pay. If it’s been 3-6 months since your heart attack, we can help you find the best… Read More »
Should you buy a life insurance policy for your child? We’ll go over the pros and cons of child life insurance and the types of coverage available to help you make a decision. But the short answer is, in most cases, no. What Kinds of Policies Are Available for Children? There are two types of life insurance… Read More »
What Does It Mean to “Surrender” a Policy? If you no longer need or want your policy, you can surrender it. In insurance-speak, “surrender” means cancelling the policy with your insurer and requesting what’s called the “surrender value” as a cash payout. To get your policy’s surrender value, you have to make the cancellation through… Read More »
With the arrival and implementation of the COVID-19 vaccines, there has been an increase in optimism and confidence about the future of the pandemic. However, even with this relief and ease or worry, myths and misconceptions have pervaded social media and found themselves at home in the minds of those who are uncertain. As a… Read More »