EINSURANCE.(com): EInsurance Journal Life Insurance Articles

How to Organize and Store Your Life Insurance Records

EINSURANCE Life Insurance — Wed, 23 May 2018 00:00:00 GMT

When you pass away, it’s important that beneficiaries know where to find the policy holder’s life insurance records. If you have life insurance coverage, get organized and protect your investment—and let your beneficiaries where...

Ways to Maximize Your Retirement with Life Insurance

EINSURANCE Life Insurance — Mon, 30 Apr 2018 00:00:00 GMT

Life insurance can be a great help for your surviving beneficiaries, but it can also be used as a tool to help you in retirement. And, different types of insurance policies can be useful in different ways. Permanent Life Insurance Universa...

Is No Exam Life Insurance for You?

EINSURANCE Life Insurance — Fri, 23 Feb 2018 00:00:00 GMT

For a variety of reasons, people sometimes want life insurance but don’t want to go through a health exam. It’s a fairly no-muss, no-fuss way of getting a policy. But is it the right thing to do? The answer: it depends. Why Would Y...

Single? Here's Why You Still Need Life Insurance

EINSURANCE Life Insurance — Mon, 22 Jan 2018 00:00:00 GMT

A lot of single people believe there’s no point to getting life insurance. That makes sense, at first look. But, when you really give it serious consideration you may find that even if you’re single you might benefit from a policy.

Here’s Why Women Should Have Life Insurance Coverage

EINSURANCE Life Insurance — Thu, 21 Dec 2017 00:00:00 GMT

If there’s one thing we can be certain of in this world it’s that life changes. Situations, lifestyles, ups and downs. That’s something to keep in mind when you’re planning for the future. This is every bit as true for wome...

Avoid These Common Mistakes When Buying Life Insurance

EINSURANCE Life Insurance — Tue, 31 Oct 2017 00:00:00 GMT

You’ve decided you’re at that point in life where others rely on you – perhaps a spouse, children or other dependents – and you’ve decided it’s probably a good idea to buy a life insurance policy. You want to ma...

Is Life Insurance a Good Investment for You?

EINSURANCE Life Insurance — Wed, 27 Sep 2017 00:00:00 GMT

If you’re thinking about buying a life insurance policy you may be wondering, is life insurance a wise investment? You’ve heard that some kinds of insurance allow you to “borrow” against the accumulated cash value as a tax-...

What Is Dependent Life Insurance?

EINSURANCE Life Insurance — Wed, 16 Aug 2017 00:00:00 GMT

Dependent life insurance provides coverage in the event a spouse or dependent child dies. Typically purchased to meet after-death expenses, the amount of coverage is typically modest. Dependent life insurance policies may cover: A spouse who is...

How Family Health History Affects Your Life Insurance Costs

EINSURANCE Life Insurance — Thu, 20 Jul 2017 00:00:00 GMT

It’s not just your personal health that insurance companies are concerned about when considering providing your life insurance policy, and at what price. They also look at your parents’, and sometimes your siblings’, health histo...

What’s Your Excuse? Why People Avoid Life Insurance and Why They Shouldn’t

EINSURANCE Life Insurance — Wed, 21 Jun 2017 00:00:00 GMT

Life insurance has proven to be a wise purchase for many, but there are still holdouts who decide it’s not for them. If you’re one of those who feel they just don’t need it, think again. Here are some of the reasons people don&rs...

Can Your Life Insurance Policy Be Cancelled?

EINSURANCE Life Insurance — Wed, 17 May 2017 00:00:00 GMT

A lot of Americans purchase life insurance, and they rarely decide to cancel their policies. Termination is possible, although only 4.4% of individual policies were voluntarily cancelled in 2015. While it makes sense to hold onto your policy, ther...

Avoid These Mistakes When Naming Life Insurance Beneficiaries

EINSURANCE Life Insurance — Mon, 17 Apr 2017 00:00:00 GMT

Who are you going to name as your life insurance policy beneficiary? You have many options. Your beneficiary could be a son or daughter, your spouse, a trustee or organization. The point is to make sure your assets go where you want them to. But a...

Selling Your Life Insurance Policy: How Life Settlement Works

EINSURANCE Life Insurance — Tue, 14 Feb 2017 00:00:00 GMT

There may come a day when you really don’t need or want that life insurance policy you’ve been paying for. Maybe your spouse has passed away and your grown children don’t need to be taken care of. Could be you need cash or you si...

EINSURANCE’s Top 10 Articles of All-Time

EINSURANCE Life Insurance — Tue, 24 Jan 2017 00:00:00 GMT

We have been posting articles for over 20 years to ensure you, our customers, are informed when buying insurance. Our commitment has been, and will always be, to keep you up-to-date on coverage options, policy terms, and all you need to know about...

The Top 5 States Where People Live Longer

EINSURANCE Life Insurance — Tue, 24 Jan 2017 00:00:00 GMT

Exercise, eating right and access health care have a positive influence on life expectancy in the United States, and richer Americans live longer, on average, than poorer people. While other developed nations have longer life expectancies (the U.S...

Live Long and Prosper: Tips for Longer Life

EINSURANCE Life Insurance — Fri, 09 Dec 2016 00:00:00 GMT

For the most part, life is good in first world countries and, notably, the average life expectancy continues to improve. While life expectancy at birth, on average, is about 73.5 years for women and 68.5 for men, many people live well into their 8...

Life Insurance and the Millennial Generation

EINSURANCE Life Insurance — Tue, 22 Nov 2016 00:00:00 GMT

When you are young and healthy, you can feel invincible. Which could be one of the reasons why among millennials, ages 18 to 34, only 20 percent surveyed believed they will probably buy life insurance at some point. But, you might ask, why would y...

Things Change: When to Update Your Life Insurance

EINSURANCE Life Insurance — Wed, 28 Sep 2016 00:00:00 GMT

Life happens. Does that life insurance policy you bought a while back still fit? When your life changes, your insurance might need to as well. In fact, reviewing your policy every year or two can ensure peace of mind that you’re up-to-date....

Life Insurance for Men vs. Women

EINSURANCE Life Insurance — Tue, 19 Jul 2016 00:00:00 GMT

Women may pay more for certain kinds of products and services, but not for life insurance policies. Generally, men pay more for a life insurance policy. Looking at averages, monthly premiums for women can be $20 less per month for a 10-year, $...

What’s the Difference: Term, Whole and Universal Life Insurance

EINSURANCE Life Insurance — Fri, 20 May 2016 00:00:00 GMT

Fundamentally, death benefits are for the living. We purchase life insurance so that, upon our death, funds will go to our beneficiaries. Whether we want to ensure that our final expenses will be covered or that our loved ones are left with a siza...

How Your Job Affects Your Life Insurance Premiums

EINSURANCE Life Insurance — Tue, 15 Mar 2016 00:00:00 GMT

You’re in good health, you don’t smoke, you’re not a heavy drinker—you’d think that your life insurance premiums would be low. But carriers look at a lot of variables, including your occupation. Some jobs come with a...

Who Will You Name as Your Life Insurance Beneficiary?

EINSURANCE Life Insurance — Mon, 29 Feb 2016 00:00:00 GMT

When purchasing a life insurance policy, the biggest consideration you’ll have is who to name as your beneficiaries. There are a lot of scenarios to think about. Should the benefit go to a family member who will need it the most? If you name...

Will You Pay More for Life Insurance If You Smoke E-Cigarettes or Marijuana?

EINSURANCE Life Insurance — Tue, 22 Sep 2015 00:00:00 GMT

Whether you smoke it or chew it, if you use tobacco products, you can expect to pay significantly more for life insurance. That’s because there’s decades of evidence tying tobacco use to disease and early death. However, what if you va...

IS YOUR JOB KILLING YOU?

EINSURANCE Life Insurance — Tue, 01 Sep 2015 00:00:00 GMT

We’ve all said it from time to time: “this job is killing me!” Well, depending on what you do, you could be closer to the truth than you know. If you’re employed in one of these statistically lethal occupations, you might w...

Marijuana and Life Insurance

EINSURANCE Life Insurance — Thu, 16 Jul 2015 00:00:00 GMT

It should come as a shock to nobody that life insurance companies penalize smokers with higher premiums or even outright refusal to issue a policy. But now that more than 20 states now allow marijuana use for medicinal purposes and voters in four...

Life Insurance Provides Peace of Mind for College Loan Cosigners

EINSURANCE Life Insurance — Mon, 22 Jun 2015 00:00:00 GMT

No parent wants to think about losing a child, but sometimes the unthinkable happens. When that child is a college student with a loan you cosigned, along with the grief you’ll suffer, you could also be saddled with crushing debt. A simple l...

Life Settlements - Smart Strategy or Risky Business?

EINSURANCE Life Insurance — Wed, 06 May 2015 00:00:00 GMT

Maybe you’ve heard the TV or radio ads offering to buy your life insurance policy and wondered what that was all about. The industry term for such a transaction is a life settlement. Simply put, a life settlement is the sale of your existing life...

The Right Way to Pick Your Life Insurance Beneficiary

EINSURANCE Life Insurance — Wed, 15 Apr 2015 00:00:00 GMT

The biggest reason to buy life insurance is because you want to do the right thing and leave those who depend on your protected instead of burdened with crushing financial debt. So naming a beneficiary for your life insurance policy is one of the bigge...

Why You Haven’t Bought Life Insurance Yet

EINSURANCE Life Insurance — Wed, 11 Mar 2015 00:00:00 GMT

Unlike car insurance and health insurance, there is no legal requirement to buy a life insurance policy. And given that you have a lot of other things to spend your money on, you’re probably in no hurry to rush out there and commit to monthl...

Finding the Money to Fund Your Life Insurance Policy

EINSURANCE Life Insurance — Thu, 19 Feb 2015 00:00:00 GMT

Let’s say you got married recently or started a family. Now that there are others who depend on your income, maybe you’re feeling a little guilty about not having life insurance. You know that the younger and healthier you are when you buy,...

Live Long & Prosper in the New Year: Tips to Increase Longevity

EINSURANCE Life Insurance — Mon, 26 Jan 2015 00:00:00 GMT

Life expectancy is the number one factor life insurance companies use to determine premiums. The better your outlook, the less you’ll probably pay for a life insurance policy. In figuring out life expectancy, several things are taken into conside...

Employer-Provided Group Life Insurance Basics

EINSURANCE Life Insurance — Wed, 26 Nov 2014 00:00:00 GMT

The lives of over 62% of Americans are insured by employer-provided policies.[1] Typically employers provide term coverage, meaning it provides protection for a specific period of time, has no cash value and only pays benefits if the insured dies durin...

Why Gens X and Y Don’t Buy Life Insurance

EINSURANCE Life Insurance — Wed, 10 Sep 2014 00:00:00 GMT

If pressed to make a list of the 100 things we want to buy, most of us would rank life insurance around 135. In other words, it wouldn’t even make the list. Let’s face it -- something that forces you to think about your own mortality e...

Do Electronic Cigarette Users Pay More for Life Insurance?

EINSURANCE Life Insurance — Wed, 27 Aug 2014 00:00:00 GMT

You can’t argue with the facts. Fact #1: tobacco use is dangerous to your health. The Centers for Disease Control call tobacco use the single largest preventable cause of death and disease in the US.CDC claims cigarette smoking is responsib...

Is Your Life Worth Insuring?

EINSURANCE Life Insurance — Wed, 06 Aug 2014 00:00:00 GMT

Is your life worth insuring? You undoubtedly think so, but from a life insurance underwriter’s point of view, the answer could be a big fat NO! Understanding how life insurers determine whether or not to insure you and at what rating can be...

What States Are the Most Dangerous To Live In?

EINSURANCE Life Insurance — Thu, 03 Jul 2014 00:00:00 GMT

For those of you with a bit of morbid curiosity, we here at EINSURANCE have taken a look at the latest National Vital Statistic Report numbers and come up with a list of the deadliest states, and the safest for the glass-half-full types. Death is somet...

How Much Does Life Insurance Really Cost? A Helpful Guide for Young Professionals

EINSURANCE Life Insurance — Mon, 30 Jun 2014 00:00:00 GMT

At what point do we need life insurance? As a young adult settling down into a home, a career, a relationship and an uncomfortable amount of post-graduation debt, I asked myself this question. It is easy to put off life insurance until you start f...

Term Life, Whole Life—Do You Need Multiple Life Insurance Policies?

EINSURANCE Life Insurance — Wed, 11 Jun 2014 00:00:00 GMT

When Should You Carry Multiple Policies? Up until the late 1970s, you could buy life insurance policies from kiosks at airports. You were essentially buying a term life policy that lasted as long as your trip. Whether you already had life insu...

Tax on Life Insurance Payout? Is Life Insurance Tax Deductible? Know the Rules

EINSURANCE Life Insurance — Wed, 26 Mar 2014 00:00:00 GMT

Tax on Life Insurance Payout? Is Life Insurance Tax Deductible? Know the Rules When Filing This Tax Season Life insurance is a personal financial tool primarily designed to benefit your survivors in the event of your untimely death, or depending on t...

Looking for Term Life Insurance? 10 Things to Consider When Buying

EINSURANCE Life Insurance — Wed, 12 Mar 2014 00:00:00 GMT

What is a term life insurance policy? Unlike whole or permanent life insurance, term life only provides death benefits for a specific length of time, making term life generally less expensive. A term life policy covers you during your prime earning ye...

Consumer Debt is on the Rise: Time to Review Your Life Insurance?

EINSURANCE Life Insurance — Wed, 09 Oct 2013 00:00:00 GMT

Life insuranceawareness month came to a close in September, but now is no time to start forgetting about the need for life insurance. 95 Million Americans are going without any life insurance coverage; that is an astounding 41% of the a...

Scientist Discover Some People Don’t Need life Insurance!

EINSURANCE Life Insurance — Fri, 27 Sep 2013 00:00:00 GMT

Scientist Discover Some People Don’t Need life Insurance! If you are one of those people without any life insurance and have been feeling bad about it, relax. You may have been doing the right thing all along. Recently, scientists a...

Term Life for the College Graduate

EINSURANCE Life Insurance — Thu, 02 May 2013 00:00:00 GMT

As I finish up my bachelor’s degree I find I have more concerns than I can count, as does every other classmate I know. Do I want to continue my education? Where will I be working? Where will I live? How much should I start investing? ...

Predictive Modeling and Your Insurance Premiums

EINSURANCE Life Insurance — Wed, 20 Jun 2012 00:00:00 GMT

Predictive modeling is a analytic process that uses data mined from a variety of sources to create a statistical model of future behavior. Increasingly, it’s being used in the insurance industry to decide what to charge you for almost every kind...

Fast Facts About Insurance Policy Backdating

EINSURANCE Life Insurance — Mon, 14 May 2012 00:00:00 GMT

Backdating, by definition, is the practice of putting a calendar date on any document that is earlier than the date on which that document was actually written. In some instances, it’s perfectly legal. In other instances, it’s not. Let&rsqu...

Is Decreasing Term Insurance a Bargain?

EINSURANCE Life Insurance — Fri, 04 May 2012 00:00:00 GMT

Decreasing term insurance is one of the cheapest life insurance policies out there. The premiums on the renewable policy remain the same throughout the term of coverage, but the death benefit paid decreases in
monthly, quarterly or annual incremen...

Do Life Insurance Benefits Expire?

EINSURANCE Life Insurance — Mon, 30 Apr 2012 00:00:00 GMT

In Part I, Unclaimed Life Insurance Benefits, we explained how to find out if someone has left you money in a life insurance policy and, if so, how to claim it. Now let’s talk about the shelf-life of death benefits. Let’s say your Uncle...

Unclaimed Life Insurance Benefits

EINSURANCE Life Insurance — Fri, 27 Apr 2012 00:00:00 GMT

Just this week, the nation’s largest life insurer agreed to pay $40 million to settle a multistate probe regarding the way the company has handled the distribution of death benefit. The outcome could result in over $400 million in payments to ben...

Who Buys Life Insurance and Why

EINSURANCE Life Insurance — Thu, 19 Apr 2012 00:00:00 GMT

Life insurance sales are going up. Maybe not as fast as gas prices, but industry analysts are seeing what appears to be an upward trend. According to LIMRA (the Life Insurance and Market Research Association),
insurance companies issued 2% more in...

Insurance Tips for New Parents

EINSURANCE Life Insurance — Wed, 14 Mar 2012 00:00:00 GMT

Congratulations! Whether it’s a boy, a girl or just a plus sign on an EPT right now, having a baby is cause for celebration. It’s also a good time to give some thought to your insurance. We know, that’s not nearly as fun as picking ou...

Life Insurance for the Seriously Ill

EINSURANCE Life Insurance — Fri, 10 Feb 2012 00:00:00 GMT

If your death would leave someone who depends on you burdened with debt, life insurance is a responsible purchase. And, it’s fairly cheap and easy to come by when you’re young and healthy. But what if you’ve put
it off and now fi...

What Does an Insurance Agent Do?

EINSURANCE Life Insurance — Wed, 08 Feb 2012 00:00:00 GMT

Shopping for insurance quotes and buying insurance online is so simple, you might wonder why you would ever need an insurance agent. After all, when you shop for insurance online, you can compare lots of policies quickly in your PJs at 2 a.m. We’...

Understanding Insurance Underwriting

EINSURANCE Life Insurance — Mon, 06 Feb 2012 00:00:00 GMT

Maybe you’ve heard the term underwriting, but what exactly is underwriting and what do insurance underwriters do? They’re a critical step in determining both your insurability and the premiums you pay if
a policy is issued. Here are th...

The Best Time to Buy Life Insurance is ASAP

EINSURANCE Life Insurance — Tue, 27 Dec 2011 00:00:00 GMT

If you’re reading this you survived another Christmas. Congratulations! But, statistically speaking, you may not be out of the holiday mortality-risk woods just yet. Researchers at the University of California at
San Diego did a comprehensiv...

What Happens When You Lie on an Insurance Application

EINSURANCE Life Insurance — Wed, 21 Dec 2011 00:00:00 GMT

Honesty is the best policy. Cheaters never prosper. It’s a sin to tell a lie. You’ve heard all the clichés but sometimes it takes knowing how easily you can be found out and the consequences of fibbing to hammer home the point. So, t...

Insurance Provides Economic Safety Nets

EINSURANCE Life Insurance — Mon, 31 Oct 2011 00:00:00 GMT

Think you’re going to have to work till you drop. You’re not alone. One in five American workers now believe they will never be able to retire. That’s among the bleak findings from an annual survey of 1,499 adults ages 18 to 66, repre...

September is Life Insurance Awareness Month

EINSURANCE Life Insurance — Mon, 12 Sep 2011 00:00:00 GMT

Life insurance doesn’t have a designated colored ribbon or rubber wrist band, but it does have its own month. September, we are reminded by the National Association of Insurance and Financial Advisors
(NAIFA), is life insurance awareness mon...

Are You Insurance Worthy?

EINSURANCE Life Insurance — Mon, 29 Aug 2011 00:00:00 GMT

When you apply for a loan for a home, a car or a personal line of credit, the lender contacts a credit reporting agency to check your credit-worthiness. But did you know that the insurance industry has a similar
process to help them determine your...

Organize Your Insurance Policies and Your Life with Online File Storage

EINSURANCE Life Insurance — Mon, 20 Jun 2011 00:00:00 GMT

Spring was a little late in coming to many parts of the country this year. When it did show up, it often wreaked havoc. So if you haven’t done your spring cleaning yet, you get a pass and a second chance to
get organized. Start wit...

Store and Access Insurance Policies in an Online Safe Deposit Box

EINSURANCE Life Insurance — Wed, 15 Jun 2011 00:00:00 GMT

Good for you! You applied for competitive health insurance quotes and car insurance quotes at www.einsurance.com. You secured a health insurance policy and auto insurance policy that fit your needs and budget. You patted yourself on the back...

Mail-Order Life Insurance Facts

EINSURANCE Life Insurance — Tue, 12 Apr 2011 00:00:00 GMT

They’re everywhere. Ads for cheap term life insurance fall out of magazines and newspapers, pop up every 3 minutes in late-night commercials and cram your mail box. The offers typically promise cheap term life insurance monthly premiums, no medic...

Life Insurance Trends for 2011 and Beyond

EINSURANCE Life Insurance — Fri, 04 Mar 2011 00:00:00 GMT

A study released early in 2010 by LIMRA, a trade group for insurance and financial services companies, reported that ownership of individual life insurance policies in the US had hit a 50-year low. Fast forward to 2011 and the downward trend seems to b...

Are Insurance Benefits Taxable?

EINSURANCE Life Insurance — Mon, 14 Feb 2011 00:00:00 GMT

Tick. Tick. Tick. April 15 is coming. About 1% of the population is audited every year, but in an effort to bolster revenues, the IRS is reportedly ramping up their scrutiny. One of the red flags is unreported income. Is the inheritance you got from yo...

Are Insurance Settlements Taxable Income?

EINSURANCE Life Insurance — Mon, 14 Feb 2011 00:00:00 GMT

Uncle Sam wants you to declare every single penny of taxable income. Failure to do so may result in an audit (which makes root canal without anesthesiology seem like a picnic) and hefty fines. But what exactly is taxable income? The courts have defined...

Combo Life with Accelerated Benefits Offer Affordable Alternative for Long Term Care Insurance

EINSURANCE Life Insurance — Thu, 10 Feb 2011 00:00:00 GMT

As our nation’s population ages, many people are shopping for long term care insurance quotes, only to encounter pricey policies and increasingly stringent underwriting standards. To satisfy the growing demand for affordable long term care insura...

How to Maximize Your Insurance Tax Deductions for 2010

EINSURANCE Life Insurance — Mon, 24 Jan 2011 00:00:00 GMT

The tax man cometh and he’s headed for your wallet. Itemize your tax return and take full advantage of all legitimate income tax deductions that you’re entitled to in 2010, including insurance deductions. Deductions help lower your gross ta...

Key Man Life Insurance and Tax Deductions

EINSURANCE Life Insurance — Mon, 24 Jan 2011 00:00:00 GMT

The recent news about the health of Apple, Inc.’s visionary founder and CEO Steve Jobs should be food for considerable thought for even the smallest company. Apple no doubt has well-crafted plans in place to protect the company’s value in a...

Decreasing Term Life: What The Insurance Industry Doesn't Want You To Know

EINSURANCE Life Insurance — Fri, 12 Nov 2010 00:00:00 GMT

Ask your insurance agent to explain the difference between various kinds of life insurance. He will tell you that there really are two kinds: temporary and permanent. Term insurance, he will explain, is the temporary kind, and is best suite...

Making More Informed Choices for the New Year - Consider Your Auto, Home, Health and Life Insurance

EINSURANCE Life Insurance — Thu, 11 Nov 2010 00:00:00 GMT

You have insurance, so you're all set if something were to go wrong, right? Well, maybe not. Just because you have insurance, does not mean that you have the kinds of coverage that you need or high enough limits to adequately protect you...

How to File a Life Insurance Claim and Other Things a Beneficiary Needs to Do

EINSURANCE Life Insurance — Tue, 09 Nov 2010 00:00:00 GMT

Nobody likes to think about death, but if your spouse or parent has named you as the primary beneficiary on a life insurance policy, there are some things you SHOULD think about before your loved one dies. Having a clear plan and a check...

Are Life Insurance Companies Screening Your Behavior?

EINSURANCE Life Insurance — Mon, 01 Nov 2010 00:00:00 GMT

Is it possible that an analysis of your collective data profile could label you as a poor risk or a desirable candidate for a life insurance policy? Not only possible, but happening now, according to an article published November 19, 2010 in the Wall S...

Insurance 101: What Is It, And Why Should I Care?

EINSURANCE Life Insurance — Fri, 29 Oct 2010 00:00:00 GMT

From crossing the street, to purchasing a new home, to traveling on an airplane, we all face risks daily. We've found ways of avoiding or minimizing certain risks, but it isn't possible to avoid them all. Some risks are trivial, like feeding and burpin...

Insurance Considerations For Domestic Partners

EINSURANCE Life Insurance — Fri, 29 Oct 2010 00:00:00 GMT

Domestic partners are couples who form a union, who desire to share an exclusive life together, and are of the same sex. A recent Supreme Court ruling overturned a Texas state ruling that prevented domestic partners from being recognized as "legal...

Life Insurance: Rent Or Own?

EINSURANCE Life Insurance — Fri, 29 Oct 2010 00:00:00 GMT

Once the importance of life insurance is recognized and the search is started for a suitable policy, one of the first choices the prospective buyer commonly faces is whether to purchase Term or Whole Life insurance. While the distinction between these...

Why You Shouldn’t Cancel Your Life Insurance

EINSURANCE Life Insurance — Fri, 10 Sep 2010 00:00:00 GMT

Unless you’ve had rose-colored glassed surgically installed on your eyeballs, you’ve noticed that the economy is not good. The summer of recovery was pretty much a fizzle and unemployment remains at 9.5%. If you still have a job (luck...

Is Indexed Universal Life Insurance for You?

EINSURANCE Life Insurance — Mon, 30 Aug 2010 00:00:00 GMT

As trendy products go indexed universal life insurance isn’t exactly on a par with organic food or man caves, but it was recently touted in the Wall Street Journal as “this year’s hottest life-insurance product.” The June 5, 201...

Life Insurance Benefits and Tax Liabilities

EINSURANCE Life Insurance — Fri, 23 Jul 2010 00:00:00 GMT

There are different types of life insurance and different kinds of tax liabilities for the various payouts on benefits. Understanding your options will help you choose the right life insurance for your specific situation. Use this information as a basi...

Beware of Stranger-Owned Life Insurance Scams

EINSURANCE Life Insurance — Fri, 09 Jul 2010 00:00:00 GMT

In a scene reminiscent of Arsenic and Old Lace, a couple of little old ladies in California were convicted in 2008 of murdering homeless men after taking out $2.8 million in life insurance on them. While you’d never commit murder, you may h...

What Are the Odds?

EINSURANCE Life Insurance — Mon, 10 May 2010 00:00:00 GMT

Is Whole Life Insurance a Good Investment?

EINSURANCE Life Insurance — Fri, 26 Mar 2010 00:00:00 GMT

Good is a relative term, but given recent market volatility, the melt-down of 401Ks and the down-right miserable performance of interest-bearing accounts, some people are rethinking whole life insurance as a more secure place to park their money. A r...

These Changes to Your Business Can Affect Your Life Insurance

EINSURANCE Life Insurance — Tue, 16 Feb 2010 00:00:00 GMT

If you’re a small business owner, there are probably a lot of people depending on your continued success – from your family to your employees, partners, investors and creditors. The best way to protect everyone’s interests, includi...

Life Events That Effect Your Life Insurance Coverage

EINSURANCE Life Insurance — Fri, 12 Feb 2010 00:00:00 GMT

You might think that a life insurance policy is something you purchase and tuck away in a drawer or safe deposit box until it matures or your beneficiaries need it. That would be a very big mistake. Throughout your life, there will be many events th...

Common Insurance Mistakes People Make

EINSURANCE Life Insurance — Tue, 09 Feb 2010 00:00:00 GMT

Money too tight and time is too precious to waste either. Avoid these common insurance mistakes people make and you might save a little of both.

Never ever lie on an application.
Lying includes failing to disclose requested i...

What Kind of Insurance is Tax Deductible?

EINSURANCE Life Insurance — Tue, 09 Feb 2010 00:00:00 GMT

About this time of year, you’re digging through drawers, pants pockets, purses and maybe even a file folder or two looking for receipts so you can maximize your federal income tax deductions. You may also be wondering if any of your insurance is...

Are Life Insurance Benefits Taxable?

EINSURANCE Life Insurance — Thu, 04 Feb 2010 00:00:00 GMT

Taxes are complicated…so complicated that IRS Commissioner Douglas Shulman recently disclosed he hires somebody because he finds doing his own returns too complex. He’s not alone. The vast majority of Americans (Shulman says 80%) now re...

Is Return on Premium Term Life Insurance Right for You?

EINSURANCE Life Insurance — Tue, 02 Feb 2010 00:00:00 GMT

For most people, in most situations, term life insurance versus whole life insurance is a better choice and a better value. It provides financial security for your beneficiaries in the event you die during the term of the policy. But term life insura...

How to Check a Life Insurance Company’s Financial Rating

EINSURANCE Life Insurance — Fri, 29 Jan 2010 00:00:00 GMT

Whether you’re considering whole life insurance or term life insurance, you’re looking at a commitment of anywhere from 10 to 30 years. And, since you’re probably buying life insurance to provide financial security for your spouse...

Life Insurance with No Medical Exam

EINSURANCE Life Insurance — Thu, 28 Jan 2010 00:00:00 GMT

Before they’ll insure your life, most insurance carriers want to know whether you have any medical conditions or lifestyle behaviors that statistics say will shorten your life and increase the odds they’ll have to pay a death benefit soo...

Whole Life Insurance vs. Term Life Insurance

EINSURANCE Life Insurance — Tue, 26 Jan 2010 00:00:00 GMT

Which is better: whole life insurance or term life insurance? Like many of life’s pressing questions, the answer is, it depends. To make the decision a bit simpler, let’s first level the playing field by agreeing that neither one i...

Facts about Guaranteed Life Insurance

EINSURANCE Life Insurance — Fri, 22 Jan 2010 00:00:00 GMT

Types of Term Life Insurance

EINSURANCE Life Insurance — Fri, 22 Jan 2010 00:00:00 GMT

Dollar for dollar, term life insurance is a great value with highly competitive offerings, so it pays to shop around. Depending on the carrier, there are even types of term life with no medical exam. When looking for term life insurance...

What To Expect at Your Term Life Insurance Medical Exam

EINSURANCE Life Insurance — Tue, 12 Jan 2010 00:00:00 GMT

Thinking about getting term life insurance? Good move. If you have a family or own a business, term life insurance is a relatively inexpensive way to provide for your beneficiaries in the event of your death. But be aware that, unlike group life insura...

How to Get Life Insurance if You’re Sick or Unhealthy

EINSURANCE Life Insurance — Thu, 07 Jan 2010 00:00:00 GMT

Like Monday morning quarterbacking, it’s easy to see that you should have bought life insurance when you were young and healthy instead of waiting till you’re pushing 50 or racking up health problems. If you suddenly find yourself among...

Whole Life Insurance. How Much Do You Need?

EINSURANCE Life Insurance — Wed, 28 Oct 2009 00:00:00 GMT

It’s called whole life insurance because, as long as you keep current on your premiums, it covers you for your whole life. Contrast that to term life insurance, which only provides coverage for the period (or term) specified in your policy. Both...

What You Need to Know About Divorce and Life Insurance

EINSURANCE Life Insurance — Fri, 09 Oct 2009 00:00:00 GMT

Maybe you vowed till death do us part, but you’d do well to consider what happens to your life insurance policy in the event of a divorce. If it’s a term policy, maybe you can convince your soon-to-be...

Insurance and Divorce: Who Keeps the Health Insurance Coverage?

EINSURANCE Life Insurance — Wed, 07 Oct 2009 00:00:00 GMT

When your marriage is going down the tubes, insurance may not be your biggest concern, but it should be, especially if you’ve been covered by your spouse’s employer-provided health insurance. Once you’re legally separated or divorced,...

Variable Life Insurance – Another Permanent Policy Option

EINSURANCE Life Insurance — Fri, 11 Sep 2009 00:00:00 GMT

As they used to say famously on the Rocky & Bullwinkle Show, “and now for something completely different” – variable life insurance. Along with whole life and its hybrid variable universal life, variable life is one of the three types of per...

When To Buy Whole Life Insurance: Some Surprising Answers

EINSURANCE Life Insurance — Wed, 09 Sep 2009 00:00:00 GMT

If you’re looking for cheap life insurance, whole life insurance probably isn’t your best bet. During the first several years your whole life (also called permanent life) insurance policy is in effect, your premiums are going to be significantly...

Key Executive Insurance

EINSURANCE Life Insurance — Tue, 25 Aug 2009 00:00:00 GMT

There’s a good reason why Apple kept a tight lid on Steve Jobs’ recent illness. Jobs is the quintessential key man and critical to the company’s profitability. While it would be impossible to replace him, key executive insurance or key person insurance...

E-Insure.com Free Insurance Quotes Online - eInsurance Insurance Products

EINSURANCE Life Insurance — Thu, 20 Aug 2009 00:00:00 GMT

When looking for insurance quotes separately for your vehicles, home, business, health and life insurance, you could go online. But you probably have better things to do than spend hour upon hour trying to evaluate and compare multiple quotes from comp...