Can you get life insurance while unemployed?
Life as a professional is looking a little more uncertain for many of us these days. If you’ve recently lost a job, been furloughed, or are facing unemployment in the midst of the pandemic, you’re unfortunately part of a large group of would-be workers across the U.S. Fortunately, unemployment levels have come down from record […]
Help! Why did my life insurance increase?
Did your latest insurance bill come as an unwelcome surprise? Life insurance is less expensive than most people think, but you still don’t want to pay more than you have to. It’s all about protecting your family, and that should start with getting the best rate you can. While it’s uncommon for your rate to […]
Life insurance for people with depression or anxiety
Having depression or anxiety doesn’t have to hold you back from getting life insurance. The first thing to remember? You’re not alone. Nearly half of all adults (46.4%) in the United States will have a mental illness at some point during their life, and the percentage of young adults experiencing mental illness has significantly increased […]
Purchasing multiple life insurance policies
When it comes to life insurance, are you fully covered? According to one recent study, 43% of life insurance owners say they either don’t have enough coverage or aren’t sure if their coverage is adequate. In some cases, the solution may be owning two (or more) life insurance policies instead of just one. This strategy […]
What happens if your life insurance company goes out of business?
You’re buying life insurance to protect your loved ones for years to come, so it’s important to make sure your policy will actually be around when you need it. During tough financial times, this question may be on more people’s minds: What happens if your life insurance company goes bankrupt? The good news is that […]
Life insurance for people with Alzheimer’s or dementia
An Alzheimer’s diagnosis can be devastating, both emotionally and financially. More than 5 million people are currently living with Alzheimer’s, and Alzheimer’s care, including nursing homes and assisted living, costs about $5,000 per month on average. Life insurance for Alzheimer’s patients can help ease those financial burdens during a tough time. If you, a parent […]
Life insurance for people with disabilities
In the United States, one in four adults are living with a disability. If you’re one of them, you may wonder if it’s even worth it to apply for life insurance. Even if you have a disability, however, there are still options available to you. Here’s what to know about life insurance for disabled individuals. […]
What happens to unclaimed life insurance money?
Life insurance is there to provide a financial safety net for your family when it comes to financial planning, but sometimes, things don’t go as planned. Each year, a small percentage of life insurance benefits go unclaimed by families or other beneficiaries. That means your family could miss out on money intended for them, after […]
Why is life insurance important?
Partner, kids, home… you’ve built a pretty great life. Life insurance is designed to help you protect it, which is exactly why life insurance is important. Just like car insurance is there to help if you get in a car accident or home insurance is there when that cooking project goes awry, life insurance is […]
What to do if you’re denied life insurance
Have you been turned down for life insurance? A rejection is definitely disappointing, but it doesn’t have to be the last word. There is a policy out there for nearly everyone, so even if you’re turned down for life insurance or your rate is too high, you have options. Here’s what life insurance companies consider […]