A lot of people like the one stop shopping concept, especially when it comes to life insurance. They want to work with one company, and cover all of their life insurance needs under a single policy. Sometimes that is the best approach, but there are also times when having multiple life insurance policies – from […]
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.
Many people mistakenly believe that they can get a better price on life insurance if they buy direct from a life insurance company, rather than going through a broker. But this is a complete myth. There are multiple reasons why you are likely to pay less – and get a better life insurance policy – […]
As your life changes, so does your need for life insurance. When is the right time to buy more life insurance? Anytime you experience a major change in your life. Some of the more obvious examples include: When you get married When you are single, life insurance is mostly optional. Generally speaking, there is no […]
Kidney disease is one of the more complicated high risk factors when applying for life insurance. There isn’t just one type of kidney disease, but several, and each can make it more difficult to buy life insurance. Different kinds of kidney disease Kidney disease can be either congenital – meaning you’re born with it – or […]
Millions of people are moving toward retirement with nowhere near as much in retirement savings as they will need to provide for a comfortable retirement. While that creates an obvious dilemma for anyone who really wants to retire at the normal age, it also opens up other financial needs. One concern is life insurance. The […]
What does Obamacare have to do with life insurance? Unfortunately, maybe more than we think. Obamacare, more formally known as the Affordable Care Act, is changing a lot about health insurance, as well as the financial realities associated with it. That’s where life insurance may be very relevant to Obamacare – and why it may […]
Look on almost any life insurance premium chart, and one thing you will notice almost immediately is that life insurance is more expensive for men than for women. There are several reasons for this, and they all have to do with risk. Put simply, men are considered to be a higher risk to life insurance […]
It’s often thought – mostly by cigar smokers – that cigar smoking has no effect on life insurance. After all, it isn’t real smoking of cigarettes, the kind of smoking everyone seems to hate these days. But, in point of fact, cigar smoking does affect life insurance, because cigar smoking is not without risks. And […]
Having your own business creates the need for additional life insurance – over and above any policy that you have for the basic provision of your family. A business often creates obligations that are above and beyond normal living expenses, and these are the exact situations you’ll need life insurance for. Life insurance you keep […]
What do getting life insurance and being unemployed have to do with each other? Probably more than you think. You may be able to get life insurance if you’re unemployed – but you might also be declined. Here’s why. A sad reason why you may be turned down From a life insurance company’s perspective, the […]
