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PostLife insurance Q&A: “How to check the value of an old life insurance policy?” Perhaps you are named a beneficiary on a life insurance policy purchased by a relative who has recently passed. Maybe you just remembered there was an old policy you stopped paying attention to. Depending on the type and age of the...
Life insurance Q&A: “How to check the value of an ...
PostLife insurance is supposed to be “simple”…the policy everyone understands. You pay for the insurance, and if you die while the policy is active, your beneficiary gets the money. This is most often times the case. Life insurance coverage covers death due to natural causes and accidents, however, certain circumstances and types of death may...
Life insurance is supposed to be “simple”…the policy e...
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PostIf you’re looking to save a few bucks on your life insurance policy, “no-load life insurance” might help you achieve that goal. No-load life insurance policies are a great way to reap the benefits of a whole life insurance policy without breaking the bank.Read More: How Life Insurance Works [Also consider a term life policy,...
If you’re looking to save a few bucks on your life insuran...
PostIt can sometimes seem like a lifetime for life insurance companies to actually pay out benefits. Get it? Time might be the joke here, but life insurance coverage shouldn’t be a laughing matter. Often, it might seem as though it takes them forever to make a payment because the insured was the sole breadwinner for a...
It can sometimes seem like a lifetime for life insurance co...
PostThere are companies out there, such as A.M. Best and Standard & Poor’s, which rate life insurance providers on various financial strengths to help consumers make more informed decisions (insurance company ratings). Each state department of insurance also monitors the financial status of life insurance companies and regulates their practices. Keep reading to get free...
There are companies out there, such as A.M. Best and Standar...
PostInsurance Q&A: “Why does life insurance cost more when you get older?” Life insurance companies make money based on how long you live after the policy is issued, otherwise known as how long the policy is “in force.” The older you get, generally the rate, or amount it costs you per $100 of coverage, is...
Insurance Q&A: “Why does life insurance cost more when...
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