According to the latest 2024 Insurance Barometer Study, half of Americans report having life insurance, but a record-high 42% — or 102 million people — say they need life insurance, or more of it. So what’s holding them back?
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Life insurance provides important financial security for your loved ones. However, if you have a history of substance abuse, whether drugs or alcohol, you may have questions about getting coverage. Fortunately, the underwriting process considers each applicant’s unique journey, and
One of the most overlooked aspects of getting divorced is life insurance. Whether you’re going through a standard divorce or a gray divorce, it’s important to understand what to do with your life insurance policy. If you’ve named your ex-spouse
Life insurance vs. gambling? Both involve taking a chance on the future. However, while one is a smart financial strategy, the other is a high-stakes risk.
Gambling is all about placing a bet or a large wager on unpredictable events,
Shopping for life insurance policies? Then you need to understand how the contestability period works.
A life insurance contestability period is the time during which an insurance company can investigate applications for signs of fraud or material misrepresentation. Typically lasting
Ever wonder: what is an accelerated death benefit rider? An Accelerated Death Benefit (ADB), also known as a living benefit rider,allows policyholders to access a portion of their death benefit early under specific circumstances.
Typically, when someone receives a life-shortening
Considering life insurance? You might have heard that life insurance is a scam, but is it? Like many industries, life insurance can be vulnerable to scammers who violate trust, extort money, or steal personal information. In fact, after health care
Generational wealth is more than just a financial term—it’s a way to ensure future generations have the resources they need to thrive. One of the most effective tools for building generational wealth is life insurance. By selecting the right types
Life insurance is commonly seen as a way to provide for your loved ones after you’re gone. However, like an IRA or mutual fund, it can also be a valuable financial tool to use during your lifetime. When structured properly,
Life insurance is often seen as something for the future or just for emergencies, yet it’s more versatile and useful than many think. So, how do you know if you need it?
Life insurance needs depend on personal situations, and