How Is a Mortality Charge Determined and What Is It?

How Is a Mortality Charge Determined and What Is It?

A mortality charge is the cost of pure life insurance, which is based on experience tables developed by actuaries and on actual mortality experiences. Each life insurance company has their own mortality charges based off information from these tables. The difference in mortality charges among life insurance companies can have a greater impact on a policy’s performance than any interest return or dividend.

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What is Whole Life Insurance and Will It Really Last Until I Die?

What is Whole Life Insurance and Will It Really Last Until I Die?

Whole life – often called ordinary life or straight life – is the original permanent life insurance policy, which is still the most commonly used in-force policy today. Over the past 20 years, this policy has become less popular, with the introduction of universal life, variable life, and variable universal life. These policies are less rigid than whole life.

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Why Is Whole Life Insurance More Expensive Than Term?

Why Is Whole Life Insurance More Expensive Than Term?

Whole life insurance premiums are significantly more expensive than their temporary counterparts – with good reason.

Depending on your financial obligations, whole-life coverage may be the better approach to take, according to a recent report by the Boston Globe. The policies not only last longer, but they also offer investment opportunities allowing them to build cash savings over time.

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Your Attitude Has a Real Effect on Your Heart

Your Attitude Has a Real Effect on Your Heart

People are routinely reminded that it’s important to follow a healthy diet and to exercise regularly if they want to stay healthy. However, an equally important part of staying healthy involves one’s emotional well-being.

The American Heart Association recently cited data suggesting that people with an antagonistic disposition may be up to 40 percent more at risk for heart attacks, strokes and other related events. Specifically, people with this disposition tended to have more thickening of their neck arteries, potentially undermining their cardiac health.

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