Here are the top 10 life insurance mistakes I see people make, in no particular order. Shopping for life insurance can be a daunting process. Where do you start? Who do you trust? What’s the process? Where do you get the best coverage at the best rates? If you have asked yourself these and other…Read More
It may come as a surprise, but you can buy life insurance over the phone, and often at a better rate than you can get from a local broker. You can buy just about anything online these days, from clothes to groceries to a new car. Life insurance is no exception, sort of. Buying life…Read More
Final expense life insurance is permanent coverage designed to take the burden off of your loved ones during a difficult time. It’s primary aim is to cover medical bills and funeral expenses, which is why it’s often called burial insurance. Typical characteristics of final expense life insurance: Permanent protection Level premium and level benefit Builds…Read More
Guaranteed issue (GI) is life insurance coverage that is available without a medical exam or answering any health questions. If you have certain health conditions that disqualify you from being eligible for traditional term, universal or final expense life insurance policies, GI might be your best option.Read More
Term life is insurance coverage for a specific period of time that pays a death benefit if the insured passes away during that timeframe. Generally available for 10, 15, 20, 25 or 30 years, your age is the limiting factor.Read More
Are you in the process of buying a business and getting an SBA loan to fund the purchase? If so, your loan officer may have informed you that you need to secure life insurance as collateral.Read More
