Term vs. Whole Life Insurance: What’s the Difference?
Blog Author: Jessica RichterWhen deciding on a life insurance policy that meets your needs, it is helpful to know the options and how they differ. Here, we will review how term life insurance and whole life insurance policies work, and what the benefits may include.
An Introduction to Life Insurance Underwriting
Blog Author: Jessica RichterWhen applying for a life insurance policy, it is helpful to know the different types of life insurance underwriting you may experience as you go through the approval process. Let’s look at what it means to assess your risk as an applicant, and how the insurance company will determine your level of ...
Buying Life Insurance for the Grandkids
Blog Author: Tom PetersonAs you age, it may be important to leave a piece of life’s greatness to your future generations. That can mean sharing an heirloom that has been passed down from prior generations, contributing financially towards an education, or leaving a life insurance policy with an inheritance to be used at ...
How Much Life Insurance Do I Actually Need?
Blog Author: Tom PetersonWhen it comes to life insurance, it is essential to define what you want to protect in the event of your passing. Determine your goal: perhaps you want to leave a legacy with a loved one or make sure that there are no unpaid debts for your family to remain responsible for. Let’s look at what to ...
Life Insurance from Employers: Is it Sufficient?
Blog Author: Tom PetersonMany people wonder if life insurance provided by employers offers sufficient coverage. If you were to pass unexpectantly, do you know if the policy benefit will cover your income and the expenses your family will be left with? Will they have the funds to cover funeral costs?
How Can Preexisting Conditions Affect Life Insurance Approval?
Blog Author: John DemkoIn What Ways Can Preexisting Conditions Affect my Approval for a Life Insurance Policy?
What Does a Life Insurance Broker Do?
Blog Author: Tom PetersonLife insurance seems straightforward, but it can get complicated pretty quickly. If you’re confused about life insurance and which plan is right for you, it may be helpful to have a knowledgeable partner to help you sort through the options. This is where a life insurance broker comes in.
What You Can Expect in a Life Insurance Health Exam
Blog Author: Tom PetersonIf you need to increase your life insurance coverage outside of an enrollment period or above set coverage limits, you may have to undergo a life insurance health exam. That may sound intimidating, but it probably won’t be as bad as you think – especially if you know what to expect. To make it ...
The Life Insurance Ladder Strategy
Blog Author: Tom PetersonAs you age and reach new life milestones – marriage, homeownership, the birth of a child, retirement – your life insurance needs will change too. This can create a challenge. You don’t want to pay for more coverage than you need. But because the cost of life insurance increases with age, you’ll end ...
