Life Insurance
What Is An Insured Annuity?
Are you looking for a way to provide for your family and protect your assets?
An insured annuity is the perfect solution. It provides guaranteed income, while also providing protection against inflation and market fluctuations. In the end, your assets pass on to your loved ones in an efficient way.
With an insured annuity, you can rest assured that no matter what happens in the future, your loved ones will be taken care of.
Read on to learn more about how an insured annuity works.
Life Insurance Application: What You Need To Know
You’ve decided to buy life insurance. Now what?
The life insurance application process can seem daunting at first glance, but it doesn’t have to be!
In this guide, we’ll show you how easy it is to apply for life insurance. When you’re finished reading, you’ll know how the step-by-step process from the moment you sign up to the day you receive your life insurance policy.
Life Insurance Underwriting: What You Need To Know
What happens after you apply for life insurance? An employee of the insurance company—called the underwriter—reviews it in a process called life insurance underwriting.
What is underwriting, why is it so important, and how does it affect your pricing?
We’re here to break down the basics of underwriting for life insurance. You’ll learn:
Why underwriting exists, and what are the most critical risk factors that affect it
What kind of tests you have to go through when you apply for life insurance coverage
Why your policy might be more expensive than what you were quoted (or why you were declined coverage)
So if you want to know what happens after you send your life insurance application, this guide is for you.
Let’s get started.
Five signs you are being “purely sold” insurance
Recently there was a post on Know Your Insurance about five signs you are being “purely sold” insurance. They were five quick warning signs that you’re talking to a insurance salesperson who doesn’t really care about you. While it was quick and to the point, we would like to expand on some of the points. Here are five warning signs that you are not working with an insurance salesperson with your best interest in mind, who instead is looking for a quick sale.
7 Common Life Insurance Riders You Should Consider
Life insurance riders are optional benefits that you can buy and add to your basic policy. They allow you to customize your policy to your liking.
But with so many riders to choose from, how do you know which one to get?
In this post, we uncover the most common life insurance riders and explain the pros and cons of them. By the end, you’ll know which ones are worth it and which ones you should avoid.
Insurance for the elderly: What you need to know
When people talk about life insurance, they immediately think of the working class with a family that depends on them for their income. The loss of their lives would have a devastating effect on their families’ finances, and life insurance on their lives is common to prevent such a loss. While that may be the most common demographic that requires insurance, the elderly segment of the population should not be neglected. In this post, we will discuss the types of insurance seniors need.
Disability Insurance
Disability Insurance: The Definitive Guide (Updated in 2024)
This is the definitive guide to disability insurance.
You will learn about the sources of income during a disability, how to design your policy, and much more.
So if you want to know how to protect your income during a period of incapacity, you’re in the right place.
Insuring the different stages of life
As we travel through the journey of life, our financial needs and obligations undergo constant change. For example, your financial obligations increase once you are married, and continue to do so as your family grows in size. It should come as no surprise that insurance varies in importance at different stages of life. Proper planning at each stage of life is necessary to ensure that you and your dependents are protected. Without knowing the risks and a plan to minimize the risk, you are potentially exposing your family to a financial disaster. Here are which types of insurance you should be aware of at each stage of life.
Assuris: Protection For Your Insurance Policies
Have you ever wondered what would happen to your insurance policy if the insurance company became insolvent?
No? Maybe it’s just me.
But in case you’re worried, you’ll be glad to know that your policy is protected by an organization called Assuris.
What is Assuris and how much is the guarantee? Read on to find out.
Life Insurance Policy Changes
Life insurance isn’t a set it and forget it deal.
Major life events should trigger a review of your policy. During the review, you may find that you need to make some changes.
In this post, we go over changes you can make to your policy. Things like:
-Changing the beneficiary
-Increasing the death benefit
-Removing a rating
And much more.
Read on for a complete list of common life insurance policy changes.
What are the odds of a tragedy occurring?
We face many risks in our lives on a daily basis: the risk of being in a car accident, the risk of a snow storm grounding our flights, the risk of a home burglary, just to name a few. While some of the risks are a minor nuisance and not of financial significance, others have a catastrophic effect on our finances. The purpose of insurance is to transfer some of the risk to an insurance company in exchange for a fee known as the premium.
What Is The Medical Information Bureau (MIB)?
Attention: The MIB may have your medical information.
No, not the Men In Black. The Medical Information Bureau.
In this post, we explain what the MIB is and how it helps prevent fraud and keep life insurance affordable.
Let’s get started.