Archive for the ‘How to Buy Life Insurance’ Category.

10 Huge Health Factors that Spike Life Insurance Premiums

Shopping for life insurance is something that many avoid, due to the combined factors of enormous hassle and a hesitance to contemplate mortality. In addition, pricey premiums can make the task even more daunting. Here are the ten most common health factors that can send your premiums through the roof. Tobacco Use – The use [...]

Can I Buy Life Insurance via Phone, Mail, or Internet?

So much of our daily lives is conducted in the digital world in our modern day. This leads many to wonder if they are able to purchase life insurance online, or at least by telephone or mail order. There is not a single straightforward answer to that question. The truth is that it depends on [...]

Is It Possible To Receive A Refund on My Life Insurance Policy?

There is a “free look” period in most states which allows life insurance policyholders to receive a refund on a newly purchased policy. The “free look” period was established to allow life insurance policyholders ample time to review policy details. Usually a refund is available within 10 days of receipt for a new policy and [...]

How Do Life Insurance Cost Indexes Work?

It isn’t always easy to accurately compare costs from one life insurance plan to another. Just relating the prices of one premium to another isn’t quite enough. The policies may have vastly different stipulations, even though the actual costs may be similar. The premiums are subject to change in some policies but not in others. [...]

How Do I Get Life Insurance Quotes from the Internet?

When thinking about purchasing life insurance, it is necessary to compare your options. One of the steps in doing this is in gathering quotes from different companies and comparing the coverage you would receive from each company to the coverage you need and the money you have to spend on life insurance. The Internet can [...]

What is the “Cost Disclosure” of a Life Insurance Contract?

The Department of Insurance requires the insurance companies to provide a cost disclosure form with the life insurance contract. This is the form that outlines all of the costs and fees that the consumer will be paying for the policy. It is meant to give a standardized measure of the insurance coverage. Once the disclosure [...]

Can You Buy Life Insurance as a Gift for Someone Else?

I will admit that it may not be the most common kind of gift; however, life insurance may be one of the most thoughtful gifts that you could give. People ask all the time if you can gift a policy, and the answer is yes. You are giving someone some financial security for themselves and/or [...]

How Do I Find a Good Life Insurance Agent?

In order to find the best life insurance agent there are a few steps you should take. First of all, in addition to using the quote form on top of this site, you should ask around. Getting a referral from someone you know and trust will surely help you find the right agent. If you [...]

What’s the Difference Between “Projected” and “Guaranteed Rates”?

Life insurance is a sales job.  Projections mean nothing.  Guaranteed rates mean everything.  Remember, a projection is just that: a hoped for outcome, not a guaranteed payout to you. Your life insurance company is not necessarily obligated to pay exactly what they say they will on a projection. There are numerous things that can affect [...]

Can I Purchase A New Life Insurance Policy And Cancel My Current Insurance?

Canceling a life insurance policy should only be done, if you can get a new policy that either costs less or better meets your needs and goals. The benefit of purchasing a new policy is that you can often get better rates, even if you are considerably older than when your original policy was purchased, [...]