Risky hobbies lead to higher life insurance premiums

Risky hobbies lead to higher life insurance premiums

People who invest in life insurance policies will often find that their premiums will be higher if they enjoy certain risky activities – like skydiving or auto racing, for example.

This is because insurance companies want to minimize their own financial exposure in regard to customers who, in the long run, may be far more likely than others to end up having their term life policies cashed in.

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Term Life Insurance Provides Inexpensive Protection

Term Life Insurance Provides Inexpensive Protection

It’s no secret that times are tough and money is tight. Fortunately, term life insurance provides inexpensive protection for you and your family.

So what is term life and what makes it unique from other life insurance plans? The biggest difference is that it provides protection for a limited period of time, notes Edward E. Graves, author of “McGill’s Life Insurance.”

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Term Life Insurance Coverage Is Temporary

Term Life Insurance Coverage Is Temporary

As with everything in life, there are two sides to every story.

Edward E. Graves, author of “McGill’s Life Insurance” says that while some argue that term life insurance is great for those who need temporary coverage or have a lack of funds to buy permanent insurance, others are quick to point out its faults.

One of its great strengths in being temporary can also be its weakness.

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What are the disadvantages of group life insurance?

What are the disadvantages of group life insurance?

As an employee, you might feel that employer-provided group life insurance covers all your family’s death benefit needs. It’s tempting to rely solely on group coverage because you may feel there’s no need to spend the money on extra coverage.

This type of thinking can be dangerous beyond the old phrase of “it’s never a good idea to put all your eggs in one basket.”

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Precautionary steps to prevent stroke

Precautionary steps to prevent stroke

Researchers are continuing to report significant progress in their efforts to reduce the nation’s rate of stroke deaths, but they still have a long way to go.

According to the American Heart Association, more than 137,000 people died of stroke in 2006. There are also said to be about 6.4 million Americans who have survived a stroke.

While stroke is still the nation’s third-leading killer, the AHA also noted that the death rate from strokes fell 33.5 percent between 1995 and 2005, while the number of actual stroke deaths fell by 18.4 percent.

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