What Happens If I Don’t Pay My Life Insurance Premium?

What Happens If I Don’t Pay My Life Insurance Premium?

Economic difficulties can mean that people have a harder time keeping up with their life insurance premium – especially when factoring in other crucial financial needs like paying the mortgage and staying on top of monthly credit card bills. An “insurance premium” is a sum of money an individual or business pays for an insurance policy. The insurance premium, considered income by the insurance company once it’s earned, represents a liability in that an insurer is…

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Could My Genetic Makeup Prevent Me from Buying Life Insurance?

Could My Genetic Makeup Prevent Me from Buying Life Insurance?

If your grandfather was an alcoholic does that mean that you’re destined to be one as well? What about your mother and aunt who have both been diagnosed with breast cancer? Your genetics determine more than the color of your eyes and skin, they present a detailed map that illustrates familial traits, ticks, and in some cases, the odds of being stricken by a serious illness.

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You Need Specialty Life Insurance If Have a Risky Job

You Need Specialty Life Insurance If Have a Risky Job

If danger is part of your job, then you might want to buy insurance to decrease how risky your life is. We’re not talking about signing up for a basic insurance policy work provides, then skipping along to your hazardous occupation. We’re talking about contacting a high-risk specialist, and buying some individual life insurance and disability insurance to protect your family if you die before winning employee of the month.

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