What is the life insurance process?

Unfortunately, the life insurance process is unlike buying groceries, where you go into a store, select the product you want and pay for it. It’s also unlike buying a car, again where you identify the make and model you’d like and negotiate the price with the salesman, finance manager and sometimes, the general manager or…
Read More
underwriters risk

What risks do underwriters look for when approving an application?

Before you ask that question you need to understand underwriting. Underwriting is the process of examination of all the information you provide (i.e., applications, health information, possible financial info, occupation, driving record, hobbies) to obtain health insurance. They look at all the information to see if you have any clear, and not so clear risks.…
Read More

Term vs. Whole Life Insurance

While the differences between term life insurance and whole life insurance are pretty simple, it boils down to your needs and budget. First, Term Life Insurance is purely for death benefits and is relatively inexpensive. The policies have a specified time such as 15, 20, 25 or 30 years; however, there have been some that…
Read More

Why do I need life insurance?

Life insurance is not something that’s pleasant to think about. However, when you finally make the decision to jump in and protect others, it’s actually quite a simple decision. There are a number of reasons to purchase life insurance: Financial support – The first and most common is to support your family financially. Life insurance…
Read More

Who needs life insurance?

    First, let’s talk about the purpose of life insurance . Upon the death of the owner, this money is tax-free cash that can replace income and helps with expenses. It can replace income and help with expenses such as a mortgage, funeral expenses and day-to-day living. If you have dependents, life insurance should be…
Read More