It is fairly easy to understand why so many people at age 18 to 34 do not think they need life insurance. When you are younger, most of your energy is focused on yourself and your personal situation and goals. The older you get and the more your situation changes, so does your point of view. Marriage and children…

When buying a life insurance policy, you have two options when it comes to how your beneficiaries receive money. One way is to get the whole amount all at once, tax free. Another way is to get the death benefits over a period of few years. This option will cost you less in premiums, but…

Insurance agents suggest to visit your primary care physician before shopping for a life insurance policy. All standard forms of life insurance require a medical exam, so it is important to make sure that any issues you had and resolved are updated properly. For example, if you have been a smoker or overweight and changed your…

For many retirees, the idea of giving up their family home is a tough proposition to accept. But according to Steven Sass, a research economist at the Center for Retirement Research at Boston College, that’s exactly what’s needed for many individuals to afford retirement. "People have a serious behavioral resistance to touching their savings or home…

When shopping for life insurance, be honest about your health and any conditions you have. Don’t waste your time by tiptoeing around the topic, because if this specific company will not offer you coverage, there are others that will. Just because your got turned down by one carrier, it doesn’t mean that you will not…

Often times, employees have life insurance automatically from their employer, or from a union or trade association. Having a group policy has a few advantages, comparing to an individual life insurance policy. First, you can get a lower rate for a given death benefit. That happens because the rates are averages weighted by people younger than you…

When you shop for life insurance, choosing the right company is crucial. What's very important is to pick a company with a good reputation, and also respectable and reliable. Your are buying the policy to protect your loved ones, so don't skimp on the research part. Continue to original source.