Strokes claim the lives of over 150,000 people each year, making it the third leading cause of death in the US behind heart disease and cancer. For this reason, stroke can complicate the life insurance application process, making it more expensive at a minimum, or unavailable in a worst-case scenario. What is a Stroke and […]
The following are posts by staff writer, Kevin Mercadante, who is a professional personal finance blogger, and the owner of his own personal finance blog, OutOfYourRut.com. He has backgrounds in both accounting and the mortgage industry.
If you’re not familiar with the concept, supplemental life insurance is an additional life insurance coverage over and above your regular basic policy. Such policies are established to cover certain contingencies upon your death. They can be available to cover certain major expenses, and in doing so, they’ll preserve your basic life insurance to cover […]
When it comes to life insurance there are all kinds of risks that insurance companies must evaluate in determining whether or not to approve a policy application, or the level of premiums they will charge if they do. Not all of the risk factors connected with life insurance have to do with your health condition, […]
Term life insurance is a pretty simple concept. It’s a basic type of coverage, and it contains few bells, whistles, or complications. For that reason, you might drop your guard and make a mistake. In fact, there are at least five mistakes that you can make in connection with purchasing term life insurance. You need to avoid […]
In 2011, more than 213,000 patients underwent heart bypass surgery. And while that number has dropped by nearly half from a decade earlier, that’s still a lot of people walking around who have had the procedure. If you are one of them, does that mean that you will not be able to get life insurance? […]
Everybody needs to have at least some life insurance coverage, even if you’re single and have no dependents. At a minimum, you should want a coverage to pay for your final expenses and to clean up any lingering obligations so that your loved ones are not burdened with them after your death. And you may […]
You can get life insurance and even if you have bipolar disorder, but like any other major risk factor, bipolar disorder comes with special limitations. What is Bipolar Disorder? Bipolar disorder occurs when a person has mood swings that alternate between depression, moments of extreme happiness, and feelings of irritability and anger. According to the […]
If you have had life insurance on your college-age children since they were young, this question won’t apply to you. But if you don’t have coverage on them, or if you are contemplating terminating the policies that you have, you may want to give the matter’s more thought. This is especially true since college students […]
Barely 20 years ago, not many people had heard of sleep apnea. As word of the condition spread, people often associated it mostly with an annoying snoring habit. But sleep apnea is a lot more than snoring – it’s actually a health-related condition, and one that can be extremely dangerous. For that reason, if you […]
Life insurance for a newborn baby is hardly the first thing on the agenda for most parents. But having coverage on a newborn could be important for all of the same reasons that it would be on anyone else in your family. Life insurance for a newborn doesn’t have to be anything the least bit […]
