A sole income provider with a large family and sudden death, nothing can go worse than that. Beyond this life is imaginable. A family leading a decent life may have to fight hard to survive especially if you were the bread earner of the family. You never know when you might die, so it becomes important to have a Canada life insurance policy that covers your family. You would want your family to live a better and a comfortable life in case you...more
Life insurance for many people is something of an enigma. There are many different companies offering BMO life insurance, TD life insurance and CIBC life insurance to name a few, but many people do not agree the sentiment of needing money after your death. But the fact is everyone is not well settled and this set of people they can make do with the money to secure their future and family future on their behalf. However for certain groups it is...more
How personal bankruptcy impacts your life insurance policy By Dawn Reiss, Life Quotes, Inc.Filing for bankruptcy is usually person's worst nightmare, but when it comes to protecting your assets (including the value of your life insurance policy), information is key.A life insurance policy is considered valuable property, which means creditors may attempt to "acquire an interest in the policy's values," but all states and the federal government have "enacted legislation providing protections for life insurance against the claims of creditors," says Glenn E. Stevick, Jr., a professor with The American College. Here's some basics you should know when it comes to bankruptcy and how it affects your life insurance policy.First, more people file for bankruptcy than you might imagine. With the latest economic downturn and mounting bills, the current bankruptcy-filing rate is at a 5-year high, according to recent data released by Automated Access to Court Electronic Records (AACER). What's more, the American Journal of Medicine reported that more than 1.5 million people filed bankruptcy last year, 60 percent of those filings were the direct result of medical bills.The American...more
"Fun is like life insurance; the older you get the more it costs"Kin HubbardWe have all heard about the importance of rupee cost averaging when it comes to investments but very rarely do we realise that the concept can and should be used even when buying financial protection through life insurance.In our earlier posts, we talked about how insurance...more
Life Insurance for Police Officers and Other Law Enforcement Individuals 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...more
The Many Options of No Medical Exam Life Insurance. What Is Best? 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...more
Rotator Cuff Muscles Injury – Taking Care of Injured Rotor Cuff When you've injured your rotator cuff muscles, you can apply heat to the injured area for instant relief. If there is swelling, use an ice pack. If there is sign of swelling,...more
So, do you have to take an exam to be approved for insurance? To briefly answer this question, the answer is no, you do not have to take an exam to be granted a life insurance policy. As a matter of fact we know of at least one company that does not...more
Here's a list of 51 simple, and not-so-simple ways to improve the quality of your life. I added the "not-so-simple" not to be negative, but to keep things real. Some of these really aren't so "simple", but I promise the tough ones become easier when...more
Life insurance for seniors is just as important as it is for anyone else. There are a variety of reasons that you, as a senior, would benefit from life insurance, not the least of which is to be sure that your estate is taken care of in the event you...more
There are a variety of reasons that life insurance for seniors is very important to you and your family. You would not want to leave your family to foot your funeral bills, or the debts you have not had a chance to pay off. Maybe you have got...more
Life insurance for seniors is valuable for a variety of reasons. One of the biggest reasons most people get life insurance is to be sure that all their debts are paid when they pass away. Even if you retired debt free, you did not stop living. With...more