Category: Life Insurance

What Happens To My Mortgage Protection Insurance If I Sell My House?

When you purchase a home, you are likely to get offers for mortgage protection insurance, a type of life insurance that will pay off your mortgage in case you die or become disabled. This provides protection for your family if you are no longer there or no longer able to work to pay the mortgage. If you die, with some policies, the proceeds go directly...

How Do I Change My Life Insurance Beneficiary?

It is crucial to name a beneficiary on your life insurance policy. Otherwise, when you die, the policy becomes part of your estate and subject to probate. However, you may change your mind about who you want your beneficiary to be, in which case you have the right to change it. What Is The Process For Changing Beneficiaries On A Life Insurance Policy? In most...

Understanding Waivers Of Premium

If you are purchasing a life insurance policy, one of the decisions you will need to make is whether to add a waiver of premium rider. A waiver of premium may be a valuable addition to your policy, depending on your needs. Our experienced agent will be happy to advise you on the various optional riders available, including waivers of premium. What Is A Waiver...

Will Quitting Smoking Lower My Life Insurance Premiums?

There are many reasons to quit smoking, and reducing the cost of life insurance is one of them. When you kick the habit, you save money not only on the cost of cigarettes and healthcare, but on life insurance premiums as well. If you are ready to quit, talk to our friendly agent about how and when it will get you better life insurance rates....

How Many Life Insurance Policies Do I Need?

Financial planning is not always cut and dried. Changes are likely to occur in a person’s life, and financial needs and goals shift along with them. Life insurance is part of the financial picture for a good portion of our lives. It may increase as our responsibilities increase and decrease as we accumulate more assets. There may be times when it suits a person’s needs...