The thread separating life and death is very thin! The thread separating life and death is very thin! We think we are immune to death. We forget it all the time yet it is very near, knocking at the door of everyone: It is time please.Once born, We think we shall live for ever (this is true for believers in the hereafter, but these also have to suffer death, at least the first death). Once we are alive and kicking we imagine we are strong...more
Mortgage Life Insurance or Life Insurance, What Is best? We have heard it many times. You were just approved for a mortgage, and the lender or your fiends tell you that you should get mortgage insurance. So you call an agent or do a search online. You ask the agent about mortgage insurance and the response often is, yes we do have it! And we offer great rates on mortgage insurance. And mortgage insurance is probably best for you....more
I Live Alone Do I Need Life Insurance? Copyright (c) 2010 Steve WentworthI'm a single home owner on a mortgage, is it necessary to have life insurance. Couldn't they just sell the house to repay the mortgage lender?AnswerAlthough this seems quite logical there are a number of points to consider.-The loan to value of your mortgage-Critical illness cover-Income protection-Future plansLoan to valueThe loan to value is the amount of your mortgage compared with the value of the property. A percentage of the loan amount over the property value. If the loan to value is high (in the 90% range) then there could be a serious risk of the property falling into negative equity. Negative equity is when the value of the property falls below the amount owed to the mortgage lender. Negative equity becomes an issue if you are forced to sell the property whilst in negative equity, this means the sale of the property will not cover the amount owed to the mortgage lender and there will still be amounts owed (plus incurring interest every month until repaid). due to your death the lender would need to force a sale, they may then have to take legal action on your next of kin or the estate. In...more
Would you be able to sleep easier at night knowing that you can save your loved ones additional grief when you die by simply paying a reasonable premium that will take care of all of your final expenses? If you are nodding your head in agreement then you will want to read this short article in order to discover how easy it is to get burial...more
First thing first, is there such a thing as police officer life insurance? Not really, but there is such thing as the right company and underwriter for life insurance for police officers. Life insurance is life insurance no matter what other term precedes or follows the word life insurance. In other words, you want to make sure that whatever the...more
When no exam life insurance started to be offered, it seems that all that was available was fast online response companies. You got approved or declined on the spot. Insurance companies used simple cross reference methods to weed out individuals. Now, much more is available. Is it better? Not necessarily.If one needs a no medical exam life insurance, many choices abound. You can go to online only companies, or a combination of online and offline, or completely offline for application and quotes. Some offer a fast answer (15 minutes), slow answer (weeks), no medical records ordered, medical records ordered...and so on.What is best? That all depends upon your needs and your ability to qualify for what is available. In other words, if you are in a hurry, you may be tempted to apply online and try to get a fast same day answer. You could also get a fast decline answer. That does not mean that applying to online only companies is a bad idea. After all, if one company declined you for no exam life insurance, it does not mean that the next also will. Each company has its on approval scale and what may be a red flag for one may mean nothing to another. Also, we have not seen that applying...more
As a popular plan, whole life insurance is usually the most requested type of cash value life insurance. The question is, is it the best plan to use if someone needs to borrow from the policy? In most cases no! As you may know, whole life insurance...more
What are the risks covered by a life insurance? Life insurance quotes Toronto come with a wide range of products and a fair analysis of insurance risks. The life insurance Toronto agents are known as professionals who are always working in the...more
Scarves are attractive gadgets twenty four hours each day. Once you look at pictures of this rich and famous, these people have a diverse scarf to match every possible clothing. The following is a terrific suggestion, make sure you keep your scarf...more
Life insurance can be a fantastic safety net at any age, helping you ensure financial security for your family and the resources they need to achieve their goals. However, our reason for having life insurance, as well as the overall necessity of a...more
There has been many life insurance applicants that have almost hit the floor once their offer of insurance comes back with a yearly premium ... some are surprised at just how cheap life insurance is, while others wonder how anybody ever affords it!...more
Assuming that you are a healthy 50+ year old, the simplest way to find the right life insurance and insurance company is to get rates from at least three life insurance companies. We recommend that you do get one with an online only company (no agent...more