Category: Finance

Term Life Insurance for Seniors – 5 Tips for Finding a Plan!

post thumbnail

Seniors term life insurance is becoming an important policy in today’s world. The prices of funerals are increasing and senior citizens are expected to play a bigger role in the family’s finances. Having life insurance is a good way for you to provide financial security for your loved ones. Life insurance for seniors can be expensive and difficult to find if you have a terminal disease. Minor health problems will not disqualify you. When purchasing

Posted in Finance, Insurance, Retirement

No Medical Exam Life Insurance – How to Get Coverage for Obese People!

post thumbnail

Being obese is not something to be proud of. Many people suffer of this unpleasant condition and try to get rid of it by any means necessary. Obese can be generated by several reasons and unhealthy diet is not always the cause. Genetic diseases or hormonal disorders are also causes of obesity. Unfortunately, obesity has negative impact not only on physical aspect, but also will influence certain financial aspects. These types of persons are usually

Posted in Finance, Health and Fitness, Insurance

No Medical Exam Life Insurance for Former Cancer Patients

post thumbnail

If you have recovered from cancer, it is time to think of purchasing a life insurance plan. Former cancer patients will have to struggle before they can find affordable plans. The good news is that former cancer patients can qualify for no medical exam life insurance! Is life insurance without medical examinations real? Yes, people can purchase life insurance without having to take medical examinations. These policies have a simplified underwriting process which means that

Posted in Finance, Health and Fitness, Insurance

How to Cover Funeral Costs With No Medical Life Insurance!

post thumbnail

 It is a bit disturbing to talk about your funeral and plan the postmortem future for your spouse and kids.  Although it is a taboo topic, the consequences of not planning anything will be far worse for the ones you love. Without proper financial support, the family will plunge into financial collapse, even risking to be evicted. If you are not old, you will have no problem getting insurance, but if you are a senior,

Posted in Finance, Insurance, Retirement

Cutting taxes with life insurance!

post thumbnail

Proper taxing planning means protecting you assets from taxes during your lifetime as well as after you die. A whole life insurance gives you the possibility to do these two things at once. The main reason we buy life insurance is to provide a financial stable life to our families after we pass away. Life coverage provides a death benefit to the policy’s beneficiaries (whom you are free to designate). The money can be used

Posted in Finance, Insurance

The “Fiscal Cliff” and You!

post thumbnail

 Ben Bernanke used the term “fiscal cliff” to refer to an approaching financial disaster that will affect the country if certain methods are not taken to prevent this. Budget spending cuts and increased taxes are some of its consequences and it will affect the whole country, which means that you will also be one of the victims. Fort starters, you’ll have to pay more taxes. The marginal tax is the tax that you pay for

Posted in Finance, Insurance

How Much Should I Expect to Pay for Term Life Insurance?

post thumbnail

We all know that we need life insurance. It is an important, valuable way to protect the financial security of our loved ones. There are, however, wide variations in the prices of coverage. Some types of “whole life” insurance, for example, can have a fairly substantial premium, pay a big benefit, and accumulate cash value as time goes on. Another form of coverage, “term life” insurance, is in effect (as long as premiums are paid)

Posted in Finance, Insurance

Buy Life Insurance You Can Afford

post thumbnail

Buy life insurance you can afford. Sounds simple enough, doesn’t it? But the fact is, too many people get talked into buying coverage that is beyond their budget. They get stuck with a policy, struggle to pay it, and potentially end up having to abandon the policy. In the case of most types of coverage, such as term life insurance, that means you lose everything. You lose your coverage, and you lose all the money

Posted in Finance, Insurance

The Easiest, Most Cost-Effective Way To Buy Life Insurance

post thumbnail

There are several ways to buy life insurance. Some people do it the old-fashioned way. They contact one insurance company after another, talking with agents, filling out forms, and waiting for a reply. That can be a time-consuming hassle! But now, a major advance in software technology has changed the entire process of buying life insurance…for good! Now, you can quotes from many different companies all at one time, all in one place…and all in

Posted in Finance, Insurance

Buying Life Insurance the Hassle-Free Way

post thumbnail

What is your reason for buying life insurance? Is it to protect the financial security of your family? That is the most common reason to buy life insurance. People want to make sure that, in the event of their death, their spouse and children can continue to pay the mortgage or rent…pay for food and other day-to-day cost-of-living expenses…build the children’s college education fund…and just generally help their family enjoy their current standard of living.

Posted in Finance, Insurance