Category: Insurance

When Should You Buy a Whole Life Insurance Policy?

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Deciding the date when you should buy a whole life insurance policy is almost as important as purchasing the life insurance policy. There are some factors that must be analyzed before even considering applying. In this article we will present the benefits of whole life insurance policy and how to get it. Applying for any type of insurance is a personal choice, but at least anyone should make an educated choice. Whole life insurance is

Posted in Finance, Insurance

5 Tips for Finding Affordable Term Life Insurance for Seniors

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Read these 5 tips for finding affordable term life insurance for seniors. They will help you understand how to get better rates and cheaper premiums. 1)     Purchase this policy for a convenient amount of time. Buy this policy for exactly the amount of time you need it.  Term life is a policy that gets pricier when it is kept active for a long time.  So, if all you need is a 5 or 10 years

Posted in Finance, Insurance, Retirement

Naming Children as Beneficiaries of Your Life Insurance Policy – A Good Idea?

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Responsible persons are always aware that being a breadwinner makes some people dependents. Because of that, people struggle to maintain a stable, well-paid job. Providing money for the family is top priority for any parent. Although life insurance is not a compulsory obligation, when you have a family it becomes a moral obligation. Having a back-up plan in case of tragic events is a must otherwise the whole wealth of the family will be compromised.

Posted in Finance, Home and Family, Insurance

5 Things That Make Life Insurance Expensive!

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The internet offers life insurance quotes for almost all policies, starting from term life insurance quotes to no exam life insurance quotes.  But they only present the average cost. The final cost will be determined after negotiations. Still, you may want to know these 5 things that make life insurance expensive: 1)     The age of the applicant.  Age is a very relevant factor and a higher age is correlated with a higher mortality risk. This

Posted in Finance, Insurance

How to Find Life Insurance for Former Cancer Patients

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Millions of people lose the battle with cancer in each year. But there are few lucky survivors and medicine is continuously struggling to find new cures and treatments.   Even if your cancer was successfully treated, the problems do not stop here. Shopping for life insurance will be more difficult than you thought and, in most of the cases, your only available option will be no medical exam life insurance.  Even so, you must know where

Posted in Finance, Health and Fitness, Insurance

Whole Life Insurance – How to Earn Some Extra Income During Retirement!

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Whole life insurance policy has become one of the most popular policies on the market and it can help you earn some extra income during retirement. But do not think of life insurance as an investment to make money. That money will be sent only for special cases and when it is needed the most. Life insurance is an awesome tool that has the ability to protect the family of the insured against poverty. This

Posted in Finance, Insurance, Investing, Retirement

The Importance of Life Insurance in Retirement Planning!

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Senior life insurance has become of vital importance in estate planning. In order not to drain too much money from the monthly overall budget, premiums must be kept at decent levels. If you want to successfully design future economic plans, you must learn about the important of life insurance in retirement planning. You can do your own research on this topic or you can ask for advices from life insurance brokers or insurance company representatives.

Posted in Finance, Insurance, Retirement

5 Factors that Influence Life Insurance Rates!

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Obtaining life insurance is a really complicated process and you will be asked a lot of things. These are the major 5 factors that influence life insurance rates: 1)     Age. It is one of the most important two criterions of selection. The other one is health. Rates are given in accordance with specific age charts. A person that is old will clearly have difficulties in being accepted as client. And even if it is accepted,

Posted in Insurance

Is No Medical Exam Life Insurance Reliable?

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No medical exam life insurance is intensely contested by numerous supporters of standard policies. What they fail to understand is that this policy is not a replacement of any standard life insurance policy, but it is the only option remaining when standard insurance is not available. So, you support the traditional life insurance only if you qualify for it. If you do not, you may want to check what other options are available. And without

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5 Reasons to Purchase Life Insurance Without Medical Exams

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If no medical exam is your only option for life insurance, you should not feel disappointed. We present you a list with 5 reasons to purchase life insurance without medical exams. 1)     It provides coverage for old people. Being over 50 years old makes it really difficult to find standard policies for which you are eligible. In most cases, you will be politely rejected by insurance representatives. Your age represents a risk and it is

Posted in Finance, Insurance