Term life insurance is an insurance policy that provides coverage for a specified time period. If the insured was to outlive these specified years of converge, there would be no death benefits provided. However, if the insured passes away while the policy is still valid, the dependents will receive a payout from life term insurance. Term life insurance stays in …
In the past, it wasn’t easy for breast cancer survivors to acquire a life insurance policy. Insuring a breast cancer survivor would mean insuring someone with high health risks. With suboptimal treatment options, the reluctance on the hands of insurance companies was justifiable.
Saving up for retirement should be a well-planned process for everyone. Looking forward to retirement should be fun and not something that you don’t want to go through. The saving you make today will determine how comfortable of a life you’ll live post-retirement.
For parents who are expecting for the first time, the thought of protecting their child in every way possible hits them like a truck. The feeling can be overwhelming.
Popular culture often deems the term ‘estate planning’ as something only wealthy people partake in. This couldn’t be further from the truth. The reality of the situation is that even when you don’t think you have an estate, you do. It includes all your assets.
The list of celebrities who died without a will is long and surprising. Celebrity activists like Martin Luther King Jr., Abraham Lincoln and Bob Marley—who appeared to be put together and responsible—died without a will.
Around 133 million Americans are affected by a chronic illness. A lot of people who get seriously sick find it extremely challenging to pay for their treatments:
Second-to-die insurance comes in place when both parents have passed away. It’s a comprehensive way to protect your children financially after your death. This type of insurance is also commonly known as survival life insurance or dual life insurance.
Your home is probably the most important investment you’ll ever make in your lifetime. It’s only natural that you’d want to protect that investment. Protecting your house with life insurance can be one of the smartest decisions you make. Why, you ask?
Many people assume they’re completely protected under standard health insurance coverage, but this isn’t always the case. The inordinately high costs of treating life-threatening conditions and illnesses tend to exceed ordinary insurance plans.