Whatever the financial need may be, you may not have money to spare after paying day-to-day expenses. While you can take a loan from a bank or pay with a credit card, borrowing from a life insurance policy may be more effective.
When deciding to purchase life insurance, you may have someone in mind to designate as the policy’s beneficiary. Here are some guidelines and policy rules to keep in mind.
The claims process is usually not complicated and can be completed by following some basic steps. Here’s how you can help ensure a smoother life insurance claims process.
For those who have a mental health condition, they may be worried the diagnosis will make it more challenging to get life insurance coverage. Thankfully, it is still possible to qualify for a policy and put valuable financial protection in place.
Along with the emotional stress, a loss can also be very financially overwhelming, especially if there is no plan in place to cover expenses and day-to-day bills.
Whether you're newly engaged, married, or starting a family, having life insurance is a crucial step in planning for their financial security. Knowing the different types of life insurance available is the first step in deciding what works best for your lifestyle.
While having coverage can provide protection and peace of mind, it’s important to review the policy regularly to ensure it continues to deliver on that promise and meet your current financial needs.
