An IUL investment is a good choice if you want to protect your cash value and take advantage of tax-deferred growth. The insurance company bases earnings on the S&P 500 Index, which means it protects you from losses that you may incur in the market. Because the insurance company earns less than the market, it…
If you’re considering a human life insurance policy, consider these features: Affordable, Choice, Flexible, and Underwriting. Here’s a closer look at each. Ultimately, you should decide based on your own needs and wants, but it is essential to consider your budget first. Here are a few other considerations: Affordable If you’re searching for an affordable…
An endowment insurance policy is a life insurance contract that pays out a lump sum upon death or maturity of a specified term. Typical maturities range from 10, 15, or 20 years, and some policies are designed to pay out if you suffer from a critical illness. Consider these factors to determine which endowment insurance…
While you might know about traditional life insurance, credit life insurance is entirely different. A credit life policy pays the lender, rather than your loved ones when the policyholder dies. While a typical life insurance payout goes to your beneficiaries, credit life insurance pays the entity that loaned you the money in the first place….
There are several types of burial policies available. You can choose a level benefit plan or a simplified issue plan. A level benefit plan pays out the whole life insurance benefit upon approval, commonly called cheap burial insurance. However, you should be aware of the terms and conditions of each type of plan. In addition,…
If you are in the market for life or annuity insurance, consider Brighthouse Financial. As the 22nd largest insurer in the United States, Brighthouse offers various policies that include life and annuities. Brighthouse has some attractive features, including discounts for safe hobbies. However, Brighthouse’s customer service department is not the best. Read on to learn…
Transamerica provides $50,000 in final expense coverage without requiring a medical exam, and your premiums stay the same for life. This makes coverage predictable no matter how long you live. If you have young children, this option might be perfect for you. Mutual of Omaha is another company that does not require a medical exam….
Regarding life insurance, Zander life insurance quotes are based on the personal information you provide. However, a third-party underwriter may need additional information, such as labs, family health information, or your driving history. Therefore, you should be forthcoming with this information throughout the application process. If you’re unsure about something, ask for clarification. Here are…
If you are looking for term life insurance coverage, consider Primerica life insurance. This company offers a variety of products and services that target middle-income families in the United States and Canada. Among its many benefits are coverage for children under 24 years of age and a guaranteed premium level for the first 20 years…
Mutual of Omaha Life Insurance is a top choice for individuals seeking whole-life coverage without the hassle of a medical exam. The company offers no-exam life insurance policies, making the process quick and convenient for applicants. Renowned for its outstanding service, Mutual of Omaha consistently ranks among the best for overall customer satisfaction. It has…
