Why Buy a $750,000 Life Insurance Policy?

750000 life insurance

Wow! A $750,000 life insurance policy. This may seem like a lot of life insurance for most folks, but when we really drill down into how much you need, this may not even be enough. If you’ve watched any TV or go on social media, you’ve likely seen life insurance ads where the price seems […]

What’s the cost of a $1,000,000 Life Insurance Policy?

1,000,000 life insurance

Individuals and families who are concerned about what will happen to loved ones if the primary breadwinner dies unexpectedly know that the primary family income can be replaced using affordable life insurance. These folks typically understand the concept of income replacement and therefore a $1 million life insurance policy isn’t unusual in fact, for many […]

Best Rates for a $500,000 Life Insurance Policy

find best rates for 500000 life insurance

A half-million dollar’s worth of life insurance may seem sufficient for most people, but if you’re trying to replace your income for a spouse and children, you could easily fall short. Think about that for a moment. If you have a spouse and two or three kids, do you really think a $500,000 life insurance […]

Is a $250,000 Life Insurance Policy Enough?

$250,000 life insurance

I can remember when the easy answer for “how much life insurance do I need” was three or 5 times your income. Not anymore unless you’re buying it to cover a specific debt like a mortgage or vacation home. Of course, if you’re single with no dependents a $250,000 life insurance policy is probably sufficient […]

$50,000 Life Insurance Rates

$50,000 life insurance rates

Have you ever seen a TV commercial when they talk about life $500,000 life insurance policies costing only about $18 a month? Then, you think to yourself that you only need about $50,000 in life insurance only to find out the rates are higher than the $500,000 “as seen on TV” rates? What’s up with […]

Is Decreasing Term Insurance Extinct?

Decreasing term insurance

Believe it or not, there was a time (the good ole days) when decreasing term insurance was popular. Consumers primarily used it to cover a debt so it would be paid off if you died during the repay period of the debt. If a consumer elects to cover debt with life insurance on their own, […]

Best Return of Premium Life Insurance Options?

return of premium term life insurance - ATM

Although Return of Premium 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 broad […]

American Amicable Group of Companies Review for 2020

American Amicable

American Amicable Insurance Company of Texas is a very unique life insurance company offering a full lineup of life insurance products.  We see American Amicable as a leader in the simplified issue marketplace. By simplified issue, we mean no medical exams are needed in order to qualify for life insurance. American Amicable can issue coverage […]

Tips To Help You Pass a Life Insurance Medical Exam

pass a life insurance medical exam

I can’t tell you how often my clients underestimate the importance of their life insurance medical exam and knowing this, we offer the tips to pass a life insurance medical exam. We are seeing more and more companies jump on the accelerated underwriting process where there is no exam at all.  Many of our clients […]

Why Banner Life Insurance Company? Review updated for 2020

Banner Life Insurance Company is also known as Legal and General and they do business in the state of New York as William Penn Life Insurance. Banner Life Insurance is headquartered in Urbana, Maryland and the company is owned by Legal and General America. Banner Life Insurance Company has been in the insurance industry for […]

Clark Howard’s take on Life Insurance

Clark Howard and 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 […]

Collateral Assignment of Life Insurance to a Lender

bank of america sign

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. […]

Whole Life versus Term Insurance | Check out the Differences

indexed universal life

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?” […]

4 Top Reasons for Buying 10 Year Term Life Insurance

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 […]

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 […]

20 Year Term Life Insurance – Top 3 Companies

20 year term life insurance

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 […]

Best Quotes for 15 Year Term Life Insurance

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 […]

Top Choices for Cheap Life Insurance

variable universal life insurance

Believe it or not, when you consider what you get for what you pay, life insurance is one of the few bargains in the marketplace. Think about it, a 30-year old male can start a $500,000 Term Life insurance policy for about $20 and then die the day after it’s issued, and his beneficiary will […]

How Does Life Insurance Work?

what is life insurance

In simple terms, life insurance is a contractual agreement between a consumer and an insurance provider.   The insured agrees to pay a specified amount of money, known as the premium, either monthly or annually for a set amount of time.  In return, the insurer agrees to pay the policyholder’s named beneficiary a specified sum of […]