Top Three Reasons Why People Buy Life Insurance
Posted: February 3, 2023
Before you get life insurance coverage, you should understand why you need it. While there are many reasons to buy life insurance, the most common reasons include:Final expenses: Final expenses refer to any expenses related to someone’s passing. This can include a casket, funeral, preparations, memorial service, cremation and more. Life insurance for final expenses is worth considering—after all, the National Funeral Directors Association reports that the median price...
What Happens if You Are Denied Life Insurance?
Posted: January 22, 2023
It can be discouraging, to say the least, when you are trying to protect your family by purchasing life insurance, and your application is rejected. If you have been denied life insurance, you are not alone. It happens to people every day. Keep in mind that you have options and do not give up. Why Are Some People Denied Life Insurance? Typically, life insurance companies...
The Importance of Creating a Will
Posted: December 27, 2022
Creating a will is one of the most important legal actions for people of all ages. Many younger people believe writing a will is for later in life. In fact, a will can be one of the most significant actions for young families to protect their spouse and children from extreme financial losses should an unexpected death occur. Why Do You Need a Will? A...
5 Reasons Why Life Insurance is a Great Christmas Gift
Posted: December 7, 2022
The Christmas season is fast approaching, and finding the right gifts for our loved ones is at the top of our minds. You may not consider life insurance an ideal gift, but it may surprise you that it can be, particularly for the younger members of your family. Read five reasons why buying life insurance can turn out to be a gift that keeps on...
Understanding What’s Covered and What’s Not Covered with Life Insurance
Posted: November 22, 2022
How Life Insurance Can Be Used Life insurance can be an estate planning tool, an investment vehicle, or simply a way to replace lost income in case of unexpected death. Some people purchase life insurance to establish an inheritance for their children or as a strategy to donate to a favorite charity. Unlike other types of insurance coverage, there are no restrictions on how death...