Category: Life Insurance

Is Graded Death Benefit Life Insurance Worth The Cost?

Graded death benefit insurance has important advantages for certain people. It may be worth the cost if you want the protection of permanent life insurance coverage, but may not qualify for another permanent life insurance plan because of health issues. What Is Graded Death Benefit Insurance? Graded death benefit insurance is permanent, as opposed to term life insurance. What makes it different from standard permanent...

Do I Need To Update My Life Insurance Policy If I Get A More Dangerous Job?

On-the-job injuries happen in every industry. Even office workers can be hurt in trip or slip and fall or other types of work-related accidents. But some occupations are more hazardous than others. If you have recently begun a more dangerous job, you probably need to update your life insurance policy. What Makes A Job More Dangerous? Occupations are generally considered to be more hazardous when...

Three Uncommon Life Insurance Scenarios

In most cases, when the insured on a life insurance policy dies, the proceeds are paid out to named beneficiaries without a hitch. However, you should be aware of certain unusual scenarios that could occur. Speak with our knowledgeable agent for professional help in avoiding potentially tricky situations with your life insurance policy. Beneficiaries & Insured Persons Die At The Same Time It is not...

Should I Sign Up For Life Insurance Through Work If I Already Have A Life Insurance Policy?

Life insurance is offered by some employers as part of their group benefits package. Usually, the employer pays for most or all of the premiums. Companies are not required to provide life insurance for their employees. When they do, it is a nice benefit, and you should take advantage of it. If you already have an individual life insurance policy, that is ideal, as group...

How A Traffic Ticket Can Affect Your Life Insurance

No one is perfect, and most people get a traffic ticket at least one in their lifetimes. But the truth is, your driving record can significantly affect your life insurance. If you have a current life insurance policy and you get a speeding ticket, it will not affect your rates. On the other hand, if you are applying for a new policy or additional coverage,...