Life insurance payout options
Life insurance can help you and your family rest easier that your future is secure. If you die unexpectedly, life insurance provides a payout called a death benefit to help support your family and give them peace of mind, both now and in the years to come. So what exactly is a payout in life […]
What is a life insurance premium?
When you shop for life insurance, one phrase that’s likely to come up is “life insurance premium.” But what is the premium for life insurance, and what does it have to do with your coverage? In life insurance-speak, “premium” is just another word for payment. This is what you’ll pay to keep your coverage active. […]
End-of-life planning checklist and timeline
End-of-life planning is one of the most caring things you can do for your family. When the time comes, your end-of-life plan can help sad and overwhelmed family members feel at peace about their decisions for you. A plan also helps make sure you have a say in your medical care and who gets your […]
Job-hunting during COVID? Consider life insurance sales
When Phil Davis first applied for a job with eFinancial in 2009, he had no previous sales experience. Fast-forward 11 years, and he’s held the title of top sales agent, led sales teams, and even explored new career paths as a recruiter for the company. “It’s changed my life,” Davis says. For people who have […]
Is there a life insurance race gap?
Over the last year, Black communities across America have been hit especially hard by the health and financial effects of the pandemic. At the same time, protests are growing over violence to the Black community. These issues are shining a spotlight on racial justice in America, and financial security is a big part of that […]
What to do with life insurance money
Most people buy life insurance hoping that they won’t have to use it (at least not for a long time). But if the unexpected happens, the payout from a life insurance policy is there to help. If your loved one leaves you life insurance money, here are ideas for how to make the most of […]
Home for the holidays: Ideas for COVID-friendly celebrations
The decorations. The special recipes. The look on your son’s face when he unwraps that Lego set. The holidays are a time many of us look forward to all year – and we could all use an extra dose of cheer right now. With COVID-19 surging to new levels across much of the country, 2020 […]
Understanding life insurance exclusions and clauses
You’re committed to providing for your family. Life insurance policies are designed to offer that financial peace of mind, protecting your interests while making it clear what the company’s obligations are. Life insurance is a legal contract between you and your insurer. You make regular payments, and they agree to pay a certain amount to […]
Does BMI affect life insurance rates?
Your health is one of the biggest factors life insurance companies consider when you apply for a policy – and that includes measuring your body weight and body mass index (BMI). So can you get life insurance with a high BMI? If you have a BMI that’s higher than normal, the good news is there […]
Understanding the life insurance blood test
If you’re applying for life insurance, you may need to take a medical exam at some point, including a blood test. We know getting pricked with a needle isn’t anyone’s idea of fun, but there’s no need to worry. Medical exam blood tests are generally quick, mostly painless, and can help you lock in a […]