Term Insurance

how does life insurance work

How Does Life Insurance Work?

Most people have a vague idea of how life insurance works but generally they don’t understand the fundamentals of a life insurance contract and how the insurance company can make a profit when they are frequently paying out more than they’re taking in. To understand how life insurance companies profit from insurance contracts, you have.. More

Clark Howard and Life Insurance

Clark Howard’s take on Life Insurance

When we review the numerous articles posted by Clark Howard concerning life insurance, it doesn’t take much reading to discover his take on the subject. It’s interesting that Mr. Howard’s opinion lines up pretty much with other celebrities (financial gurus) like Dave Ramsey and Suze Orman. What separates Clark Howard (in my opinion) from the.. More

bank of america sign

Collateral Assignment of Life Insurance to a Lender

When most people think of life insurance benefits, they think of providing financial protection for their loved ones or using the cash value as an emergency cash fund. Some life insurance products like indexed or variable universal life are now being used as retirement planning alternatives because they can build significant cash value over time… More

indexed universal life

Whole Life versus Term Insurance | Check out the Differences

I remember (a long time ago) when I was starting a family and I knew I needed life insurance. I called a friend of mine who had been in the life insurance business for about five years and asked him what he thought I should do. He replied: “do you want term or permanent insurance?”.. More

10 year term life insurance

4 Top Reasons for Buying 10 Year Term Life Insurance

Most consumers know that term insurance is the most affordable life insurance coverage available in the life insurance marketplace. Term Life Insurance has become the go-to life insurance product for consumers who wish to replace the income for their family members in case they died unexpectedly. Term Life Insurance is the most common life insurance.. More

return of premium term life insurance - ATM

Return of Premium Term Life Insurance

Although Return of Premium Term Life Insurance entered the insurance market with a “Bang,” the interest has begun to wane as many financial gurus condemn the product as being overpriced. These gurus who opine regularly about the additional cost of the return of premium (ROP) are typically guilty of painting all insurance shoppers with a.. More

best rates for 30 year term life insurance

Best Rates for 30 Year Term Life Insurance

Term Life Insurance is probably the most popular life insurance policy in the marketplace today, especially if you are a young adult and need a considerable amount of coverage. When we buy life insurance, whether it’s term life insurance (temporary) or universal life and whole life (permanent), the most important thing to consider is “why.. More

20 year term life insurance

20 Year Term Life Insurance – Top 3 Companies

Most people know at least something about term life insurance. They typically understand that term is the cheapest life insurance available and they understand that it is considered temporary insurance. Because term life insurance is so affordable, it will usually fit within the budget of most Americans and can be used for many purposes: Replacing.. More

term life insurance

Best Quotes for 15 Year Term Life Insurance

Term Life Insurance is considered to be the cheapest life insurance that a person can buy. Because of this, term life insurance is typically the most popular insurance product for young and middle-aged adults. Most insurance shoppers are aware that term insurance can be purchased for up to 40-year terms so it’s logical to wonder.. More