Category Archives: Insurance

How Much Is a Million-Dollar Life Insurance Policy?

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 »

Life Insurance after a Heart Attack

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 »

Pros and Cons of Child Life Insurance

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 »

How to Calculate Cash Surrender Value of Life Insurance

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 »

The Truth about Life Insurance and the COVID-19 Vaccine

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 »

How Life Insurance Works in a Divorce Settlement?

During a divorce settlement, life insurance is an important issue that is often overlooked. In the midst of problems that come up with a divorce, figuring out what to do with a life insurance policy is not on your priority list. However, you may don’t get at that time but dealing with life insurance in… Read More »

Some 5 reasons why you should consider getting insurance

We hear about insurance all the time: Insurance for assets, life etc. But many people don’t consider taking insurance policies because they don’t really know how they can benefit from it. When you buy an insurance policy, you’re buying a promise. It’s a promise that if something catastrophic happens in your life, your insurance will… Read More »

Life insurance premium expected to maintain record levels through 2024

Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the Internal Revenue Service tax code criteria that cash value life insurance policies must meet to retain tax-advantaged status. “While persistent inflation in 2023 will likely impact middle-income consumers’ demand for life insurance,… Read More »