Buying life insurance for the first time can be confusing at best – and intimidating at worst. Though it seems like a simple concept – you determine how much coverage you want, then search for the best rate possible – there are complications. There are different types of life insurance, many containing fuzzy provisions, plus all kinds of riders that can […]
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.
Marijuana has been much in the news recently, as an increasing number of states are voting to make it legal, whether for medical use alone, or for recreational purposes. But how does marijuana use affect life insurance? As the legalization of marijuana becomes more common throughout the country, its usage will become a more important factor […]
Is there a nook somewhere in the global economy where you couldn’t save money by buying direct from the provider of the product or service? As the saying goes, never say never, and it richly applies when it comes to buying life insurance. You can buy life insurance direct, but it won’t save you any […]
It’s often thought that migraines have no real effect on life insurance, or that they shouldn’t. Sometimes that’s true, but in severe cases they can have a major effect. But don’t let that discourage you – there’s a life insurance policy out there for nearly everyone! What Are Migraines? Migraines are severe headaches that are accompanied by […]
Several years into the expanding economy some people are still struggling to pay their bills and to even survive. Money saving gurus and blogs are all over the place, recommending that you save money on everything from laundry detergent to car repairs. Everything it seems is on the table when it comes to saving money – and that can include life insurance. […]
Just to avoid suspense, let’s answer that question quickly – yes, you can get life insurance with anemia. Feel better? That’s the good part of the explanation. The deeper part is that it won’t be as easy – or as inexpensive – to get life insurance in all cases if you do have it. But […]
There is a provision available with many term life insurance policies that many people are not aware of. And because it costs a little bit extra, they will likely pass on it even if they are made aware of it. It’s the term life conversion option, and it could be the single best method available […]
Getting life insurance when you have asthma is not the easiest venture into the life insurance universe. While you can usually get some type of coverage, it’s very easy to pay more than you should. Some life insurance companies welcome applications from people with asthma, while others prefer to not take on the risk – and […]
A medical condition – any medical condition it seems – is often seen as making it impossible to get life insurance. Even if you can, it often results in your paying higher premiums for the policy you do get. If you have a condition like herpes, you may think that you fall into this category. It’s not […]
Is it possible to be so well off that you are virtually self-insured when it comes to life insurance? It probably is, if you’re worth several million dollars or more. There are a lot more people who are worth somewhere between $250,000 and $1 million – which is rich by the objective standards – but […]
