You should buy life insurance when you care deeply for someone or want to make a difference in the world, and your financial resources aren’t able to fill the financial gap if you were to die.
Life is one big question mark: Will you be happy? Will you find love? Will you star in a reality TV show? Who knows? The only thing we can be sure of in life is that someday it will end. When, where and how are yet to be played out.
Shortly after you close on a mortgage, whether it’s because you just bought a home or refinanced your existing loan, you’ll probably start getting daily solicitations in the mail urging you to purchase mortgage protection life insurance.
The requirements for term life insurance for cancer survivors will be more specific. It will depend upon your personal circumstances, the company that you apply to, the type of cancer you had, and the time that has passed since you went into remission.
Calculate how much you or your family would need should a death occur
Term or Perm Policy?
Answer a few questions here and determine what kind of policy is good for your situation
Life Insurance Quoter
Find out how much your insurance will cost and compare it with multiple companies.
What you should know about life insurance before and after you buy
Life Insurance Terms Explained
The process by which all information is gathered and a final decision is made as to weather or not coverage will be offered.
A life insurance company (i.e. AIG, MetLife, Prudential).
This is the money that’s available within your life insurance policy. You can take out most of this at any time and the full amount if you cancel the policy.
An optional benefit you can add to an insurance policy that provides additional benefits for additional cost.
The amount you pay for an insurance policy either monthly, quarterly or annually.
Refers to instances where a taxpayer can delay paying taxes on earnings such as interest, dividends or capital gains until they withdraw them.