Life Insurance

Life Insurance Articles

Switching Insurance Companies When You Have an Open Claim
You have the right to switch insurance companies any time you want. Even if you have an open claim with another insurance company, you can elect to switch your coverage. Keep in mind that your current claim will not transfer to the new insurance company, though, and your old insurer will still be the one that handles the claim until it is either settled or completely denied coverage.
6 Large Insurance Claims
If the risks are manageable, insurance companies will write coverage for almost anything. Sometimes, even when the risks have carefully weighed, a claim is made that hits the record books. Here is a short list of the 6 most expensive insurance claims ever filed, which will certainly make any claims you've filed yourself pale by comparison.
For insurance companies, there are two ways to stop providing coverage on your insurance policy. The first method is to cancel the policy, and the second is to decide not to renew it. The difference between these methods is as big as the difference between night and day, and how much trouble you will have getting replacement insurance will depend on which method was used to end your current coverage.
Raising Your Deductible - Weighing the Risks vs the Benefits
One way to manage the cost of your premiums is to raise or lower your deductibles. Higher deductibles mean lower premiums. But there is a balance between saving money and putting yourself in financial jeopardy. Adjusting your deductibles according to your personal needs is a tool you can use to leverage your ability to buy insurance.
A Primer in Subrogation
There are a lot of technical legal and insurance terms that are confusing. Subrogation is one such term. Subrogation is s a common practice for insurance companies; it is a practice which has very limited use in other fields. So what is subrogation?
Life Insurance for Single Parents
Life insurance is especially important for single parents, both for themselves and for their children. It may seem as though the monthly budget has room left to squeeze in another bill, but life insurance is vital to the future of your family, and not having it could be much more catastrophic than finding a way to budget a few more dollars a month. Examine the types and uses of insurance policies, and how you could apply them to your own family's goals.
Life Insurance for Different Stages of Your Life
Many of the major events we experience in life also provide us with new responsibilities to insure. Whole life policies are perfect starter packages for newly wedded couples or for an offspring as they head off to college. Each major stage is a reason to review your insurance coverage and make decisions regarding buying more or different types of coverage.
No Medical Exam Life Insurance
Life insurance is the best way to guarantee your family's future if you are not there with them. The problem is, most types of life insurance require a medical exam before the policy is issued, and that could mean weeks added to the application process. With no medical exam life insurance, the delay is avoided, and people who might otherwise be denied coverage are still eligible. If time and eligibility are things you have concerns about, getting life insurance without a physical exam is an available option when there may not be many.
11 of the Most Unusual Things People Have Ever Insured
The purpose of insurance is to protect the owner of the policy from financial losses in the event that something happens to the property being insured. Because what makes a financial difference for person or company is not the same as it is for another, there is a long list of unusual things which have been insured to protect the interests of their owners. The 11 presented here are among the most unusual, but they are only the top of the list and there are thousands of such items insured right now, all over the world.
Level Term Life Insurance
Level term life insurance policies provide coverage with unchanged premiums and face value from the start of the policy until the expiration date. These policies have a level premium for the duration of the policy. These types of accounts offer very little flexibility offered regarding renewal of the policy. When the policy can be renewed it is not unusual for the premiums to rise sharply.

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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.