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Can you have life insurance with two companies?
Important things to know… There is no requirement to meet all your insurance needs through one company Life insurance is based on a concept called “insurable need” As long as the total of your life insurance policies is supported by the v …
→ Read MoreCan I buy life insurance on my dog?
Important things to know… Life insurance for dogs is not the same as life insurance for humans Typically, life insurance benefits for a dog’s life is only available as an add-on to dog health insurance coverage Dog life insurance is usually off …
→ Read MoreCan child support take my life insurance money?
Important things to know… Government agencies have wide authority as far as the collection of delinquent child support payments As a rule in most states, death proceeds from life insurance are exempt from the claims of creditors Creditors are able to …
→ Read MoreCan I get life insurance when pregnant?
Important things to know… It is possible to apply for and be covered by life insurance while you are pregnant Different life insurance companies have different underwriting standards and some may be more liberal with pregnancies than others Hiring a …
→ Read MoreCan a term life insurance policy be renewed?
Important things to know… Term life insurance can be renewable which means when the term of years is up, the policy can be renewed no matter what the state of health of the policy owner There are several different varieties of renewable term life ins …
→ Read MoreCan a life insurance policy be used as collateral for a loan?
Important things to know… Most whole life and term insurance policies can be used to secure loans. It is critical to follow all the steps and guidelines required by the insurance company and the lender or the loan may be voided. There is one other wa …
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