What Happens When Term Life Insurance Ends? Term life insurance is temporary life insurance that lasts for a specific period of time. Most common are term lengths of 10 or 20 years, but depending on the insurance company, terms of anywhere from one to 40 years may...
Term Life Insurance Explained Term Life Insurance is temporary life insurance that lasts for a specific period of time (or term). Most common are term lengths of 10 or 20 years, but policies can be issued for term lengths from one year to 40 years, or to a...
Do I Need Life Insurance? The simplest, most concise answer to this question is: maybe. That goes to say that there is no simple, concise answer, as everyone’s situation is different. Below we’ve outlined some common situations in which life insurance is a good fit,...
Will My Beneficiaries Have to Pay Taxes on Life Insurance Proceeds? One of the questions we hear most often regarding Life Insurance is “Are life insurance proceeds taxable when I die?” Generally speaking, the simple answer is no. Life insurance proceeds are not...
Is Life Insurance Worth the Cost? Maybe we should rephrase the question, can you afford not to have life insurance? Deciding why we need life insurance can be a very difficult decision, for many reasons: You’re healthy now, what could possibly go wrong? None of your...
Life Insurance for Seniors: It’s Not Too Late! If you’re over the age of 60, you may be wondering whether it’s too late for you to apply for life insurance. While it is true that premium rates increase as you age, that doesn’t mean that there isn’t an affordable...
