Over the course of many years, smokers will be at a higher risk for diseases like emphysema. However, there are other side effects of smoking to consider – such as higher life insurance premiums.Read More
Combating obesity in America has become an economic, health, and political issue. Data from the National Health and Nutrition Examination survey show that more than two-thirds of Americans are overweight or obese.Read More
As you mature and age, your health needs change, as do your preventative care requirements. By staying on top of your game and getting the necessary checkups, you can prevent certain conditions from worsen or even developing while saving on life insurance premiums.Read More
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.Read More
When a person applies for life insurance, the relationship between their height, weight, and girth is considered.
It also happens to be one of the basic determinants of mortality risk, according to Edward E. Graves, author of McGill’s Life Insurance.Read More
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.Read More
The metaphor of a barrel rolling down a hill is a basic portrayal of how a cash value life insurance policy works. It effectively explains how premiums add funds to the account, how insurance companies take out their expenses and how to calculate your surrender value.Read More
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.Read More
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.Read More
A growing number of Americans are working hard to stick to a diet and exercise routine in an effort to improve their quality of life and their overall life expectancy. By doing so, people can save considerably on their future medical bills and life insurance premiums as well.Read More