Gallant Life Insurance

COVID-19’s affect on new life insurance applications

The COVID-19 pandemic disrupted many industries. Life insurance wasn’t spared from that disruption. During much of 2020 and early 2021, it was difficult get a new life insurance policy, unless you were in superman-level heath. After a long period of tightened underwriting related to COVID concerns, most insurance companies have relaxed their guidelines. That means…

Why should life insurance policies be reviewed?

A life insurance policy review can accomplish several things. When properly done a review can uncover things about your existing coverage that you may not be aware of…and might not like. On the other hand, it can also serve to assure you that you’re properly protected. A lot of people I talk to on a…

How life insurance can help secure a business loan

Obtaining business funding can be a little challenging, especially for a startup or young company. Lenders usually require some type of collateral from the business owner(s). Life insurance is often part of that requirement. It’s used to protect the lender in the event of the borrower’s death. In this article, I’ll discuss how life insurance…

How to protect your business with life insurance

When most people think of life insurance they imagine someone who wants to provide for a loved one in the event of their death. At it’s most basic, life insurance is designed to pay out a death benefit to the insured person’s beneficiaries. That’s often a spouse, parent(s), children, a charity, or anyone the insured…

Stop overpaying for mortgage protection insurance!

Despite what the name implies, mortgage protection insurance is almost never the best option for homeowners to protect their mortgage. It’s expensive, the death benefit decreases every year and it usually involves post-claim underwriting (which favors the insurance company). In this article, I will make my case for why I think you should stop overpaying…

What is no medical exam life insurance?

Unlike traditional term, universal or whole life insurance, no medical exam life insurance does not require that you submit to blood & urine testing or a physical examination. You do have to answer health & lifestyle questions as part of the application process, however, so your overall risk level is still taken into consideration. As…

How do I get life insurance with a heart condition?

Just because you have a heart condition doesn’t mean you won’t be able to get insurance.

Tandem wingsuit jump...what could possibly go wrong?

Involved in extreme sports? Here’s something to consider

Base jumping. Heli-Skiing. If these words make your heart race, you’re not alone. The interest in extreme sports and extreme fitness events both nationally and internationally has skyrocketed in the past ten to fifteen years. Take for example Tough Mudder, the popular “warrior” style obstacle course. In 2010, the organization hosted just three events in…

Life insurance for smokers

Life insurance for smokers will always be more expensive than for non-smokers. Depending on your age premiums will be anywhere from double to 4 times that of a non-smoker in the same risk class. That’s because insurance companies have plenty of evidence that smoking is bad for your health and can kill you in a…

Life insurance while you’re young

Buying life insurance while you’re young and healthy might not be at the top of your list, but maybe it should be. You might not have anyone depending on you at this point in your life and think there’s no need for it. For most of us, that changes before we know it. Suddenly, you…