Which of the following is an example of a limited-pay life policy?

Limited-pay life policy is one of the most preferred insurance options in the current age, as people tend to choose policies that will offer significant financial growth. As the name suggests, the limited-pay life policy requires the policyholder to pay the dues for a limited number of years rather than keep paying for an extended…

→ Read More

How to Save Money When Buying Life Insurance [2024]

Life insurance is commonly known for safeguarding your family’s future, yet the process of acquiring it may seem daunting, especially on a tight budget. Numerous cost-saving strategies make life insurance accessible to almost everyone, including selecting the right plan and opting for budget-friendly companies. If you’re interested in buying life insurance, use the advice below…

→ Read More

How To Negotiate a Bodily Injury Settlement [2024]

You ought to recover compensation whenever you experience personal injury due to reckless or negligent acts of another person. Unfortunately, the insurance company may sometimes provide a low offer as compensation because most injured individuals may not know how to evaluate damages and get a fair settlement. The goal of insurance adjusters, after all, is…

→ Read More

Life Insurance Rebating (Terms Explained)

If you’re shopping for life insurance, you are likely seeking the best deal possible. Acquiring cheap rates is important, but you should steer clear of any illegal practices. An insurance rebate is an illegal act of offering money back for selecting an insurance policy. This money usually derives from the commission promised to an insurance…

→ Read More

Columbian Financial Group Life Insurance Review [2024]

When it comes to life insurance, there are many options out there, so you may be wondering what the Columbian Financial Group is all about. First, you should understand that the company is known by several different names, including: Columbian Financial Group Columbia Life Insurance Columbian Mutual Life Insurance Company Secondly, A.M. Best downgraded the…

→ Read More

Medical Information Bureau (MIB): What It Does & How It Works

What is the Medical Information Bureau’s purpose, and how can it affect your life insurance? Also, who makes up the Medical Information Bureau currently? The Medical Information Bureau is now known as MIB, and is a non-profit corporation that securely maintains consumer information. Health and life insurance companies use MIB’s database to verify applicants’ health…

→ Read More