Archive for the ‘Other Life Insurance Questions’ Category.

8 Ways Funeral Homes Will Try To Rip You Off

Be aware of these funeral scams so that you don’t get taken advantage of during a difficult time in your life.

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 to Handle Complaints Regarding Your Life Insurance Policy

When something goes wrong with a life insurance plan, things can get very unbalanced. This can cause a great deal of stress not only for your family, but for you as well. There is nothing worse than the feeling that your family will not be taken care of in the matter of your untimely death. [...]

Need Help Finding Life Insurance For Non-English Speakers?

If I know someone who needs life insurance but does not speak English, how can I find them an agent? If you know someone who is a non-English speaker and needs life insurance, there are many companies out there that offer agents who speak different languages. These agents are trained to address customers who do [...]

Who Can You Turn to if You Have a Problem With Your Life Insurance?

My insurance agent was not able to help me resolve the problem I had with my life insurance, is there anyone else that I could turn to for help? If your insurance agent was not able to help fix a problem you had with your life insurance, you can take further action. The next thing [...]

Do You Need Help In Getting Your Money Back When The Government Takes From Your Life Insurance?

If the state took money from a life insurance policy that I forgot about, is there anyway I can get it back? The state governments may be able to take money from inactive insurance or bank accounts. If you found out that the government has taken from your life insurance policy, you may be able [...]

Whom do I Contact in Regards to Government Regulation of Life Insurance Policies?

Your state government is most likely the primary actor in insurance regulation, as only a few federal laws are in place that actually regulate the insurance industry. Contacting your state government directory or general information at your state government building will likely be the most expedient way to determine the contact information for your state’s [...]

What Is The Reason For Life Insurance Having Lower Premiums For Women?

Is it true that life insurance for women cost less than life insurance for men? If so, what is the reason behind this? Usually, women will get life insurance policies that cost less than men. Insurance companies use statistics to determine their rates. Statistically speaking, women tend to have a much longer life span than [...]

What is the Face Value of a Life Insurance Policy?

The face value of your life insurance policy is the total value that the purchased policy is worth. This is the amount stated on the paperwork of your policy, and the number specified in the terms. The number can some times fluctuate though, depending on the terms of the policy, and different investments rates the [...]

How Can I Find Contact Information for my State Insurance Department?

Life insurance is usually regulated at the state level rather than the federal level; however, there are some laws created at the federal level that life insurance companies have to follow. “[Insert Your State's Name Here] State Department of Insurance” is usually what the agency that regulates insurance companies is called commonly. Most states have [...]