Life Insurance for the Self-Employed
Going out on your own professionally has become the go-to career move. An estimated 57 million Americans are freelancing – about 35% of the country’s workforce – and the gig economy is growing more rapidly than ever. Whether you’re starting your own business or taking a break from the corporate world to freelance for now, […]
Can you have too much life insurance?
When it comes to life insurance, is there such a thing as too much protection? Life insurance is a crucial part of many families’ financial plans. You want to make sure you buy enough life insurance to keep your loved ones covered, but not so much that you’re paying for more than you need. So […]
What to do when life insurance needs change
You land that dream job. You find out it’s twins. Life is full of surprises – and as your life changes, do your life insurance needs. Whether you already have a policy in place or are just starting to think about it, here’s when it’s wise to take another look at your life insurance coverage. […]
Life insurance for veterans
You’ve protected your country, and you want to protect your family, too. As a military veteran, you have options when it comes to life insurance. Whether you’re retired from the military or planning to retire soon, here’s what to know about life insurance for veterans. Does the VA offer life insurance? As an active military […]
How long does it take to get life insurance?
Life insurance is designed to protect your family for years to come. Luckily, getting covered doesn’t take nearly that long. Traditionally, buying life insurance could take up to eight weeks in some cases. Today, innovations in the industry are making the life insurance approval process simpler and easier, whether you’re trying to get pre-approved for […]
How does life insurance work during divorce?
One of the hardest parts of the divorce process can be divvying up everything you’ve built together. If you have kids or a mortgage, you probably have life insurance to sort out as well. So what happens to your policy during a divorce? It’s important to make sure you and your children are protected financially. […]
What happens if you outlive your life insurance?
Life insurance is designed to protect you when it counts. But depending on the type of policy you buy, your coverage may not last forever. Here’s what to expect for each policy type – and what to do if you outlive it. Table of contents Will my life insurance expire? What happens if I outlive […]
Understanding life insurance rate classes
Shopping for life insurance can mean learning a whole new terminology. Wondering what your insurance company means by a rated life insurance policy? Here’s what you need to know about life insurance rate classes and rated policies. Understanding life insurance rate classes Life insurance protects your family financially after you’re gone. If you die while […]
Top 10 life insurance myths, debunked
Buying most kinds of insurance is straightforward. You research your insurance company options to see what’s out there. You gather insurance quotes. And then you get car insurance if you have a car, homeowners insurance if you have a home, and renters insurance if you rent. So, it makes sense that you would have life […]
How much is a 1 million dollar life insurance policy?
One million dollars: Sounds like a lot, right? For most of us, a million dollars is a huge sum of money – one that could help take care of a lot of necessary expenses and bills for our loved ones if needed. Wondering if your family needs that kind of financial protection? And how much […]