What is cash value life insurance?

If you’re in the market for a life insurance policy or looking to switch to a different one, you’ll soon discover plenty of choices, including life insurance with a cash value attached. When searching for life insurance, the term cash value might come up, and you might wonder how this applies to your coverage. You’ll…

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Test

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What is evidence of insurability?

In the insurance world, evidence of insurability (EOI) is a term used to describe the documents and other information that insurance companies need to approve or deny coverage for an individual.  It’s basically a way for insurers to verify an applicant’s eligibility for coverage. Generally, EOI includes personal information, medical history, and lifestyle information about…

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Understanding Long-Term Care Insurance

At some time in our lives, around 70% of us will need help with routine activities like getting dressed, traveling to appointments, or making meals.  Because many people are unsure of what their insurance policies cover, and Medicare benefits are frequently misunderstood, we’ll help you understand long-term care insurance policies today. Why buy long-term care…

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What is supplemental life insurance?

If you have a family, then you know that they are your number one priority. You would do anything to ensure they are cared for, including protecting them financially. One way to do this is by purchasing supplemental life insurance.  Supplemental life insurance policies are a great way to protect your loved ones financially in…

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How to Find Out if Someone Has Life Insurance

While at first, it may seem strange to ask how to search for a life insurance policy on someone else, there can be a number of valid reasons why you need to know.  For instance, if a loved one passes on and you’re the beneficiary, you need this information in order to finalize certain end-of-life…

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