Life Insurance

Why Everyone Over 30 Should Start Thinking About Life Insurance

Why Everyone Over 30 Should Start Thinking About Life Insurance is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

I don’t like to make generalizations too often, but I do feel that everyone over 30 should start thinking about the importance of life insurance. That is, if you’re 30 and over and don’t have any life insurance. No one likes to think about their demise, but life insurance is an extraordinary product that can be used to reduce the financial burden you could leave behind for loved ones. Plus, different types of life insurance can even help you build wealth and diversify your assets. Here are 4 important reasons why everyone over 30 should start thinking about life insurance.

Why Everyone Over 30 Should Start Thinking About Life Insurance is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

Term Life vs. Whole Life Insurance: Which Is Best for You?

Taking out a life insurance policy is a great way to protect your family’s financial future. A policy can also be a useful financial planning tool. But life insurance is a notoriously tricky subject to tackle. One of the hardest challenges is deciding whether term life or whole life insurance is a better fit for… Read More

The post Term Life vs. Whole Life Insurance: Which Is Best for You? appeared first on Credit.com.

3 Tips for Finding an Affordable Life Insurance Policy

Life insurance offers protection for your family’s financial security. Many people buy themselves a life insurance policy that will protect their family. It’s also possible for people to purchase life insurance policies for someone else. For example, children can purchase policies for their parents and vice versa. Life insurance coverage offers valuable financial protection. You… Read More

The post 3 Tips for Finding an Affordable Life Insurance Policy appeared first on Credit.com.

Final Expense Life Insurance: What You Need to Know

Also known as burial or funeral insurance, final expense life insurance is a variant of whole life insurance designed to cover a single expense after the policyholder passes away. Often aimed at seniors, these insurance policies have reasonable monthly premiums but generally pay much smaller death benefits than term life insurance policies. What is Final […]

Final Expense Life Insurance: What You Need to Know is a post from Pocket Your Dollars.

How do Life Insurance Companies Make Money?

Life insurance seems like a pretty good deal. You pay $30 a month for 20 or 30 years and in the event of your death, your family gets a sizeable cash sum, often in excess of $250,000. Every 12 seconds someone dies in the United States and these deaths occur across all demographics (although the […]

How do Life Insurance Companies Make Money? is a post from Pocket Your Dollars.

How to Get Cheaper Life Insurance Policies

Life insurance is essential if you have debts, a mortgage or lots of dependents. However, the older you are, the more expensive it becomes. If you add medical issues and other health concerns to the mix then you might be refused altogether or quoted astronomical premiums that make you question whether it’s worth the protection. […]

How to Get Cheaper Life Insurance Policies is a post from Pocket Your Dollars.

How to Find Affordable Life Insurance

Life insurance can be expensive and if it’s essential those high costs can leave a nasty taste in your mouth. You may wonder if it’s worth purchasing a policy at all, which could place your family in jeopardy as they won’t have the cover they need when you pass.  However, there are a few ways […]

How to Find Affordable Life Insurance is a post from Pocket Your Dollars.

What is Permanent Life Insurance and How Much do you Need?

Permanent life insurance is defined as a whole-life policy, one that doesn’t expire and may provide a number of benefits during the policyholder’s life and when they pass away. It’s not a specific type of insurance, as such, and is instead an umbrella term used to describe life insurance policies that are not fixed to specific terms. Types […]

What is Permanent Life Insurance and How Much do you Need? is a post from Pocket Your Dollars.

What is Accidental Death Insurance, and do you Need it?

Accidental death insurance, also known as accidental death and dismemberment insurance, is a type of limited life insurance often acquired for a nominal fee or added to an existing policy. As the name suggests, it releases a benefit if the policyholder dies from an accident or suffers a dismemberment.  Accidents kill an estimated 160,000 Americans […]

What is Accidental Death Insurance, and do you Need it? is a post from Pocket Your Dollars.