No matter how it may sometimes seem, life insurance premiums aren’t arbitrary. Insurance companies use various criteria to determine what your premiums will be, or if they will even approve you for a policy. There are several factors used to determine your life insurance premiums, including the following: Age Age is probably the single primary …
Many people have a life insurance plan through work as part of their overall employee benefits package. It’s a nice benefit to have, but it’s often considered to be adequate coverage by millions of people who don’t have an accurate picture of what their life insurance needs actually are. The thought is often, I have …
A 2010 study by the Life Insurance and Market Research Association showed that 56% of Americans do not have an individual life insurance policy, and that 30% have no life insurance at all. Worse, those numbers are on the rise. It’s easy to write this dilemma off to a bad economy, or to the rising …
We all know that smoking has a major effect on health insurance and on the premiums that you will pay for it. The issue is a lot more involved than is commonly assumed, and more important, it’s likely to only get worse in the future. As the weight of evidence on the effects of smoking …