When it comes to life insurance, you might notice that it’s often more expensive for men than for women. While this disparity may raise eyebrows there are specific aspects that insurers rely on to justify the cost difference. From statistical
Over the course of our practice, we’re asked to review a lot of term insurance policies. One of the first pieces we look at is the conversion option. This section is basically a promise from the insurance company that you
I recently took a road trip with an old college buddy of mine. We had a fabulous time. You see, one of the things about a road trip is that it clears my brain. It’s not about the destination. The
In the United States, insurance is a trillion-dollar industry, with life insurance accounting for close to half of the industry’s net premiums. Despite this, only 52% of American adults report having life insurance, according to a 2022 Insurance Barometer Study
While it takes an expert to fully comprehend all the detailed clauses in life insurance policies, it’s useful to have a general understanding of what separates the best companies from the worst. For something so critical to you and your
Ah, yes. The “why” question. There are lots of reasons why you should buy and have life insurance. The sad thing is, many people have the wrong type of insurance. Even worse, people have insufficient policies, which don’t cover their lives
An insurance consultant, alternatively known as a risk advisor, risk consultant, or insurance risk advisor, plays a pivotal role in helping clients identify potential risks in different types of insurance. Consultants provide information about insurance options, terms, and competitive rates,
Tom’s life insurance policy is about to go away. But the need for it lives on.
Time flies. Tom bought a policy at an extremely low cost, guaranteed for the first 20 years. Who knew that 20 years would go
Life’s journey is seldom straightforward. That’s why your life insurance policy serves as a compass, providing you security through uncertain times and at every life stage. Understanding the details of your policy isn’t just paperwork — it’s about ensuring you
It used to be easier to get a new life insurance policy issued on a favorable basis. To the surprise of many, even after COVID peaked, as long as the applicant didn’t currently have it, COVID was pretty much a