How to Save Money on Life Insurance

How to Save Money on Life Insurance

Buying the wrong benefits for a low premium does not add up to savings There are ways to save money when buying life insurance, but they don’t always entail paying a lower premium immediately. As your top priority, look for a policy that meets your needs. Buying the wrong benefits for a low premium is a waste, not a saving. Beyond that, here are some ways to maximize your life insurance dollars.  Before you buy…

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How Should I Choose a Life Insurance Agent?

How Should I Choose a Life Insurance Agent?

When you’re considering buying life insurance, it’s important to choose an agent or broker who can help you. Buying life insurance can be complicated or confusing. The key to buying the right amount and the right type of policy at a good rate is a good agent or broker. You should choose one who: Understands your financial situation, including your attitudes about risk, your income and estate tax “brackets,” and your other financial assets and…

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How Do I Pick a Life Insurance Company?

How Do I Pick a Life Insurance Company?

Roughly 1,000 life insurance companies sell life insurance in the U.S., but many are members of groups of companies and so aren’t really competitors with each other. Having separate companies enables a group to offer its products through separate distribution channels, to more efficiently meet the regulatory requirements of particular states, or to achieve other organizational goals. There are an estimated three hundred company groups. Moreover, not every group has a company licensed to operate…

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8 smart steps for buying life insurance

8 smart steps for buying life insurance

How to find coverage that meets your needs and budget Life insurance can form a vital part of your family’s financial stability and well-being but, if you’re like most people, you may find the thought of shopping for the right type of coverage a little daunting. Fortunately, these eight simple steps can guide you along the way. 1. Determine whether you actually need life insurance Most people do, but not everyone. If no one depends…

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What Should I Expect When I Buy Life Insurance

What Should I Expect When I Buy Life Insurance

Life insurance can help ensure the financial stability and security for your dependents (i.e., beneficiaries), so they have the resources to replace your income after you die. But, what should you expect when purchasing a life insurance policy? Being able to understand the process of purchasing life insurance can guarantee that you are getting the right policy, which fits your needs and budget.

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Top Tips For Buying Life Insurance

Top Tips For Buying Life Insurance

Buying life insurance may be something you view as complicated or a hassle. Yet, follow these top tips for buying life insurance and you will find it a much easier experience. There are two major types of life insurance policies: Term and Whole Life. Term insurance is a form of life insurance that pays out only if the death occurs during the “term” of the policy, which is usually anywhere from one to 30 years….

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