Life Insurance

Life Insurance Articles

Mortgage Life Insurance
Protecting the home your family lives in is important, and mortgage life insurance is designed to perform that task. Before you purchase the policy, you should familiarize yourself with what a mortgage life insurance policy does. Mortgage life insurance is not the only option, and your family's specific needs and budget should be considered carefully.
Comparing Term & Whole Life Insurance Quotes
Comparing life insurance quotes will help you get the most coverage for your premium dollar. When you start using life insurance quotes, you will quickly understand the truth in the saying that not all policies are created equal. Life insurance is a long term financial contract, and taking the time to compare quotes and policy details will save you money for years to come.
Getting Cheaper Life Insurance Rates
The cost of life insurance is going to vary significantly from one person to the next. Getting cheaper life insurance means buying the policy as early as you can, shopping for a company you can count on, and taking proactive steps to make insuring less risky. Here is a short list of discounts and other ways you can get cheaper life insurance.
Final Expense Life Insurance
Final expense insurance is a special kind of whole life insurance. Also known as funeral expense insurance, this type of policy is usually issued for relatively low values, and pays directly to the funeral home named in the policy. As a way to take the burden of your funeral and burial costs off your family, this plan can be ideal, but it will not provide much, if any benefits to your surviving family members.
What Your Insurance Company Won't Tell You
Your insurance agent may be on your side and get you the best insurance quotes, but that doesn't mean they will always be 100% honest with you. It isn't that they may outright lie, but there's a good chance that some information will be left out or like any sales process, you'll be given a rosier picture than reality.
Fitch Insurance Company Ratings Explained
Fitch's financial sector ratings are performed by a staff of trained analysts who review each company on several factors including the ability to meet commitments such as interest and dividend payments, the company's ability to withstand a major surge in claims, and how well the company has performed economically. Ratings are performed regularly and may be adjusted any time there is any major financial activity with the company.
AARP Insurance Discounts for Seniors
There are quite a few advantages for seniors who belong to the American Association of Retired Persons, or AARP. Among those advantages are things such as guaranteed acceptance life and health insurance, discounts on many different lines of coverage, and the availability of group insurance through membership in AARP.
Your Insurance Agent's Role in the Claims Process
The role played by your insurance agent will be different from one company to another, and could differ dramatically if you are purchasing coverage through an independent agent. If you have to file an insurance claim, contacting your agent is important to keep them apprised of the situation, but there may be a different contact with the insurance provider that will actually handle the claims process.
The American Automobile Association was founded to make it easier and safer for members to travel. Since the club was founded, the benefits they are able to offer their members has gone from discounts at select locations to a network of travel related savings that include fuel, lodging, and exclusive benefits such as free towing or roadside assistance. Additionally, AAA members are invited to purchase car insurance through partner companies, getting group discount pricing on top of the line auto insurance.
Reasons to Switch to a Whole Life Insurance Policy from a Term Life Policy
Many people make the assumption that all life insurance types are the same. They know that if they die with an active insurance policy, then that policy will pay out. This is true; both whole life and term life insurance will pay out if the insured party passes away during the lifetime of the loan. Since both types pay out, why would anyone want to switch from a term policy to a whole life policy? This question will be addressed in this article.

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Whole Life Insurance Quote

There are several types of life insurance policies available to those looking to look after their family in the event of their death. The main benefit of a whole life policy is that the payout is guaranteed. Whole life insurance quotes are usually higher than those for a term policy, but comes with several benefits such as the fact that you will be guaranteed a payment, it relieves any worry of not being insurable as you age, you can borrow against the policy and if you cancel your whole life policy, you are entitled to be paid the cash value of that policy and it can be useful in estate planning.

Whole life insurance coverage can be utilized as an investment vehicle since future value is guaranteed and a portion of your premiums get placed into an tax-deferred cash value account. Before purchasing a policy, you should consult with a financial advisor to better understand the costs and benefits of whole life insurance.

To learn more about whole life policies and to receive a free whole life insurance quote, complete a quote request form and you'll be matched with knowledgeable life insurance agents that can help answer any questions you may have.

Term Life Insurance Quotes

Term life insurance, as opposed to whole life, insures you for a finite period of time. This insurance, sometimes referred to as "temporary" insurance, is typically sold to portect you for 10, 15, 20 or 30 years with 20 years being the most common. Generally, term life insurance provides the best bang for the buck protection compared to other types of policies and makes the most sense if you're looking to ensure your family is protected in the event of your death. Unlike whole life insurance, a term policy does not accumulate any sort of cash value and any premiums paid are strictly used for the cost related to the coverage.

Determining the amount of life insurance you should purchase is an inexact science. However, using a life insurance calculator or simply multiplying your yearly income are two ways of getting a quick idea. The best method is to speak with an experienced life insurance professional who can help you determine how much life insurance is right for you to meet any financial obligations you or your loved ones may have if you die unexpectedly.

Whether you're looking for whole life insurance quotes or term life insurance quotes, be sure to research all of your options. Compare life insurance quotes from several agents and ensure that your select a company that gives you low rates but also has the financial stability to pay for the policy when it comes time to collect. Getting free life insurance quotes from US Insurance Agents is the first step in protecting your loved ones. Complete a quote request and get in touch with an agent today.