Aug 15

Although applying for a life insurance quote online has many benefits, many don’t understand how their online application is interpreted at the other end. What happens when you apply online is that the company at the other end will now have to make the assumption that you provided accurate information to them. And so the importance of being accurate becomes obvious here. As well, many experts advise approaching online life insurance quote sites with caution. Ensure that the site you are visiting is a legitimate one, and not a phishing site designed to steal your personal information. Look at how a site uses your information before entering it in.


Jul 12

Life insurance is critical for the protection of one’s family in case of an untimely passing. Concerns may arise regarding the ability to pay for the premiums. After looking at a host of quotes, it might become apparent that the premiums are less costly than one might initially assume. In fact, making a few, simple budgetary changes might be all that is required to be able to easily make the necessary premium payments. Those who assume they cannot afford coverage likely have not really thought about the unnecessary expenses they can cut from a budget. Once they do eliminate a host of such items, they will discover they really can afford a life insurance policy.


Jun 1

Called The Big Four, the most popular financial ratings companies in the country are Standard & Poor, Fitch, A.M. Best and Moody. Most annuity companies will be rated according to information produced by one of these four companies. If it doesn’t, you may wish to look elsewhere for your annuity purchase.

The Big Four analyze and research how insurance companies operate. Doing this enables them to assign a risk as to how likely a company is to meet its financial obligation to you. In addition, The Big Four rates insurance companies on how secure they are financially, which matters greatly when you are considering purchasing a life insurance annuity.


May 3

The most common entity we think about protecting with a life insurance policy is our family. However, it may be possible to protect a business with a life insurance policy. Ironically, protecting the business might contribute significantly to helping protect your family if they are relying on revenues from the business for income. In the case of an owner’s passing, the business may have to weather a financial storm. A life insurance policy could cover operational costs for a time allowing the business to remain operational until your family is able to take over to liquidate it. What does not have to happen would be an unfortunate scenario where the business collapses.


May 3

Before you sign up for a life insurance policy, it is extremely important that you learn as much as you can about life insurance. No, this does not mean you have to be an expert on the subject, but you do need to develop a strong working knowledge of the what life insurance is and what such a policy can do for you. Having only a cursory understanding will not be hugely helpful when your goal is to find the best possible policy.  Far too often, would be policy holders rely on the insurance agent too much. This can be a mistake. Only you will have your own best interest at heart.


May 2

Acquiring quotes from insurance companies has become much easier than it ever has been before. The reason for this is quotes can be acquired online. The steps to do so are relatively simple. You would fill out an application in a manner no different than you would with pen and paper. The obvious difference is the online application would be one found on a website. Once you have completed the form, you submit it. Within a reasonable amount of time, a quote will be sent either electronically or via email. Once you have received it, you can take the necessary steps to carefully review it.


May 2

There are quite a number of honest and helpful life insurance salesmen. Such professionals do what is required to ensure those in need of a quality policy can acquire one. However, there are those less than honest sales reps that may try to get people to lie on their applications solely because it can boost commissions (i.e. income) on the sales. Reprehensible behavior such as this must be reported. There is no benefit to working with someone that convinces you to lie on a form. If you do lie, the life insurance policy may end up being nullified. This means you really would not have any insurance since it was acquired under false pretenses.


Apr 10

Life insurance can be extremely important to those you leave behind and simply knowing you have it can give you the peace of mind that things will be OK if the worst should happen. But that doesn’t mean that you simply want to pick a policy and run with it. Instead, you must compare life insurance companies so you can come up with the best rate possible. The simple way to do that is to use a website that gives you details on numerous companies at once. This only requires you to fill out your details once and to get the benefit of quotes from several companies.