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Category: Life And Health Insurance News You Can Use

3 Myths About Life Insurance

3 Myths About Life Insurance It may seem simple on the surface, but there are many misconceptions about life insurance, and some people still believe them. Here are several we can debunk: Myth 1: You're better off investing your money than buying life insurance. This is the "self-insurance" myth. It holds that by investing your money and letting it grow, you'll ultimately accumulate so much...

Open Your Eyes to the Importance of Vision Care

Maximize your Pension with Life Insurance Life insurance in its most basic form covers your loved ones' expenses after your death-but there are a number of other ways to use this financial product, and they aren't only for the very wealthy or the financially sophisticated. Other uses for life insurance For example, a life-insurance policy can help cover a financial shortfall in a couple's retirement...

Do You Need Life Insurance?

How Much Do You Know About Life Insurance?  Of the 35 million American households without life insurance, 11 million include children under age 18, according to LIMRA, an insurance industry research organization. That's strange, because providing for one's children after one's death is considered a classic use of life insurance. It's a situation that may be the result of misunderstanding how life insurance works. Think...

Term Life Insurance, Is It Right for You?

Term Life Insurance, Is It Right for You? Many of us think of life insurance as something that will last for the rest of our lives - but that's not always the case. So-called "whole" life insurance policies do stay in effect for your lifetime, providing you continue to pay the premiums. "Term" life insurance, on the other hand, provides coverage for a limited period...

Mistakes to Avoid When Buying Health Insurance

Life Insurance IS Possible with health issues Your health affects your ability to obtain life insurance, and the rate you'll pay for it (in some cases increasing your premium by as much as 100 percent), but that doesn't mean you need to worry if you've battled a serious illness; you may be able to get reasonable coverage anyway. According to the Life and Health Insurance...