The Real Impact of Not Having Life Insurance
Life insurance is one of the most reliable vehicles of financial security available, yet so many of us live our lives without ever purchasing a policy because we don’t understand the importance of life...
View ArticleWomen and Unmarried Parents Suffer from Lack of Life Insurance
Living without life insurance is something many people do every day, despite the financial risks a lack of coverage poses to their families. A study released this week by Genworth Financial revealed...
View ArticleTop 5 Overlooked Advantages of Life Insurance
As we all know, there are numerous types of insurance options available to us, including the common ones: auto, health and homeowners. Life insurance is also on the list of common types of insurance...
View ArticleMassachusetts Governor to Tackle Life Insurance Fraud
Life insurance settlements have been controversial for years. While it’s clear that taking the route of selling life insurance policies to acquire extra cash seems harmless, lawmakers have always been...
View ArticleDo You Have Life Insurance Benefits Waiting for You?
A recent story from FOX8 in Greensboro, NC revealed that billions of dollars from forgotten or misplaced life insurance policies are waiting to be claimed by their owners. Many people are unaware or...
View Article70 Percent of Americans Have Low Life Insurance IQ
Life insurance is a critical financial asset to the majority of American households. Only a small percentage of families can afford to pay costs associated with a loved one’s death, including funeral...
View ArticleInsurance Fraud Fibs Have Huge Consequences
In our society, we’ve grown accustomed to “little white lies” that allow us to get away with telling non-truths, without letting our conscience get in the way. However, there are some instances when...
View ArticleIs a Prepaid Funeral Plan Better Than Life Insurance?
It’s no secret that funerals are expensive. In fact, research shows that funerals rank among the most expensive purchases many consumers will ever make. This means, it’s highly important that people...
View ArticleLife Insurance Beneficiaries to Receive $665 Million in Surprise Payouts
There’s nothing better than receiving unexpected cash. Luckily, thousands of people around the country will soon receive some, thanks to insurance benefits they were unaware were waiting for them. New...
View ArticleHow to Check the Reputation of a Life Insurance Company
Buying a life insurance policy can be tricky business. The simple task of purchasing coverage that will provide your loved ones with money to cover your final expenses and beyond turns out to be a bit...
View ArticleYoung Parents Suffer from Severe Gap in Life Insurance Coverage
America’s young parents are doing a good job of purchasing life insurance to take care of their families, but according to a study released this week, many don’t have enough to cover their dependents...
View ArticleWorking Women Lack a Life Insurance Policy Necessary to Sustain Their Household
American women lack a life insurance policy, which they need in order to keep their families going if they were to die, according to a new release from the Insurance Information Institute. While many...
View ArticleDo I Need Life Insurance if I’m Single?
Many single people believe that they do not need life insurance, but this is not necessarily the case. After all, it is important to consider the financial burden that you will be placing upon your...
View ArticleJohn Hancock Life Insurance Faces Lawsuit on Unpaid Life Insurance Benefits
John Hancock Life Insurance is being accused of failing to pay life insurance beneficiaries due payouts over a period of years, according to a new story from the Boston Globe. One beneficiary has filed...
View Article1 in 5 People Would Prefer to Purchase Life Insurance from Wal-Mart or Costco
In the past, purchasing life insurance from a local retailer was not an option, but times have changed, according to a new survey released by LIMRA and the LIFE Foundation. Now that retailers like...
View ArticleWhy Faking Death Isn’t the Best Way to Secure Life Insurance Benefits
It’s no secret that money can be hard to come by nowadays. Many Americans are still unemployed and looking for ways to make ends meet, so the idea of paying for life insurance can feel unrewarding at...
View ArticleMassachusetts Insurer Looking for Applicants Nationwide for Free Life...
A Massachusetts life insurer is looking for applicants to take advantage of its current offer of free life insurance. The LifeBridge program, created by MassMutual Financial Group, has been providing...
View ArticleCan I Qualify for Life Insurance After I’ve Become Ill?
Life insurance is often the afterthought of insurance types primarily because it presents most of its benefits to a beneficiary rather than a policyholder. It’s for this reason that some people don’t...
View ArticleFederal Employees’ Life Insurance Beneficiary Choice Trumps State Laws
The beneficiaries chosen by federal employees in their government-sponsored life insurance policies will now trump any state laws that could change how benefits are paid, according to a new ruling made...
View ArticleShadow Life Insurance Could Have Negative Impact on Policyholders
Life insurance companies have taken on a new arrangement that could have a negative impact on policyholders, a report issued by New York State’s financial regulators revealed this week. The...
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