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What’s the best age to get life insurance?

Here's what you need to know… You should know the difference between Term and Whole Life insurance. You should get life insurance as young as possible. Aside from being young, the best thing you can do is price compare different companies. Many …

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What is the best life insurance for 30 a year old?

Here's what you need to know… Life insurance is important at any age. Premiums are lower when you purchase a policy at a younger age. Coverage can be customized to your particular needs. Life insurance is a critical component of financial planni …

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Does a life insurance policy go through probate?

Here's what you need to know… The life insurance benefit that is paid out when a claim is filed will typically be paid to the named beneficiary on the policy Probate is the process of settling a decedent’s estate following their death so t …

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Can debt collectors take life insurance money?

Here's what you need to know… Life insurance payouts are to be made to the latest named beneficiary on the policy If the named beneficiary has passed away or isn’t eligible to receive the money, the policy may payout to a contingent benefi …

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How does life insurance know if you smoke?

Here's what you need to know… Life insurance rates are based on age, gender, health issues, hobbies and ultimately on your life expectancy Studies show that tobacco use does have a direct affect on your health and also shortens life expectancy o …

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How much life insurance do I really need?

Here's what you need to know… The amount of coverage that you select should be sufficient cover debt and future financial obligations For larger amounts of coverage, the average person will purchase term insurance that lasts for a fixed period o …

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