Is employer-provided life insurance enough?
Part of the appeal of a steady job is the perks, like paid vacation, health insurance, and virtual happy hours with the team. In fact, about 57% of people report employee benefits and perks being among the top things they consider before accepting a job, and 80% want benefits more than they want a pay […]
How your occupation or hobbies affect your life insurance
Many people buy life insurance to help their families replace their job income if they die suddenly. But did you know that the type of job you have can affect your life insurance options? Just like your age or health, insurance companies look at your occupation when you apply for a policy. A high-risk job […]
Depression: Why is it a life insurance risk factor?
Millions of people across America are living with depression or anxiety. If you’ve been diagnosed with depression, it can be especially important to make sure your family is protected if you can’t be there for them. Life insurance offers a financial safety net for your family if you’re no longer there to provide for them. […]
Individual vs. group life insurance: Which is best for you?
Whether you’re starting a new job or it’s time for annual enrollment at work, life insurance is often part of your benefits package. So should you take it, or buy a policy on your own? Group life insurance can offer you and your family affordable financial protection against the unexpected. In many cases, though, group […]
Height and weight: How they impact life insurance
Wondering what the numbers on your scale have to do with your life insurance eligibility? For insurers, your height and weight are important factors in deciding which policies are a good fit and the price you’ll pay. While every company treats height and weight differently, they all use this information to help determine your life […]
Can you have more than one life insurance policy?
When it comes to life insurance, how much is too much of a good thing? Most Americans understand the importance of life insurance: About 70% of people say that they need life insurance, according to a 2020 LIMRA study. Yet only half (54%) of adults actually own it. Even among people who have a life […]
Why review your life insurance policy annually?
If you’ve already purchased life insurance, you’ve taken a big step toward securing your financial future. Now, you need to make sure that your life insurance keeps up with your life. Don’t set it and forget it – changes in your career or family can affect how much you need and where you want it […]
Life insurance underwriting process
Life insurance is there to provide a financial cushion for your family to protect them from the unexpected. Every person’s situation is different, which is why life insurance policies aren’t one-size-fits-all, either. That’s why life insurance companies use a process called underwriting to get a clear picture of your background, your health, and your lifestyle […]
Financial planning for a baby
You’ve picked out a name, shopped for a crib, and painted the nursery. But have you actually sat down and budgeted to make sure you’re financially ready when your little one arrives? Financial planning is important for every household, and it becomes even more critical when children enter the picture. There’s no getting around it: […]
Life insurance laddering
Life is always changing, which means that your life insurance needs are often changing, too. As a newlywed, you want to protect your spouse financially if something happens to you, so they can cover the mortgage or other daily expenses. When you start growing your family, your financial needs often grow alongside them – moving […]