How Long Will You Live?

how long will you live insurance

The American Council of Life Insurers defines life insurance companies grouping individuals into pools in order to share the financial risks presented by dying prematurely, needling long term care or becoming disabled.

A Life Insurance Year in Review

A Life Insurance Year in Review

Review life and disability insurance coverage. If one spouse is not working, he or she might be depend on the others income.

Will the Accidental Death Benefit Pay?

Will the Accidental Death Benefit Pay?

If an insured is in an auto mobile accident but dies from a heart attack, the accidental death will only be payable if the accident can be proven to have triggered the heart attack

What are Life Insurance Dividends?

What Is the Risk Associated With Premium Financing?

According to McGill’s Life Insurance, many insurance companies offer a fifth dividend option which applies the dividend to purchase one-year term insurance in varying amounts equal to the policy cash value, the face amount of the policy or the total premium.

Making Premium Payments

Making Premium Payments

To an authorized agent When payment of a renewal premium is made to an agent who is authorized to receive payments, there are generally no problems as long as the agent forwards the payment to the insurer according to McGill’s legal Aspectsof Life Insurance. To the policy owners agent It should be clear that payment […]