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...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 gets more expensive with age and have also covered the basics of how to determine how much...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 word life insurance. In other words, you want to make sure that whatever the policy is called, it pays a death benefit in case of natural or accidental death to your beneficiaries. You also want to make sure that the policy does not have exclusions specific to your job duties.Before anything though, you need to make sure you get approved and get approved at affordable rates. That is when selecting the right company is important. If you were to call three different life insurance companies about your life insurance needs, as a police officer, you would likely get three different answers. One may not like the fact that you work in a large city or one may not like the fact that you are part of a swat team. An easy way to weed out the wrong companies is to fill out a special police officer questionnaire forward it to a trusted advisor. In...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....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, you can take medicine such as ibuprofen or naproxen to relief the pain and inflammation. When someone...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 even ask health questions! So, it appears that anyone can get a life insurance policy without an exam. The next question you should ask, though, is what kind of policy would you get without an exam? Not necessarily a bad one but certainly not the best one! You may even only qualify for a graded life insurance plan (more on graded plans in an another article).So you see, now it seems that the question has been answered! Is that it? Not really. Just as there are great varieties of standard life insurance plans, there also are great varieties of no exam life insurance plans. One no exam company may require that many health questions be answered and also request your medical records. Another company may also ask many health questions but order no medical records. Yet another may have fewer health questions and also order no medical records, and so on...Keep this simple rule in mind, the less you have to do to get approved for life...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
As your 50th birthday is drawing closer, you might probably be thinking of the day you will stay on that chair near the window as you wait for the caregiver to come around and change your diapers. Every adult is worried on how their senior life will...more
Have you considered buying life insurance for seniors? Still weighing the pros and cons? There are quite a few things that life insurance can do for your family once you have passed on. Life insurance can leave you knowing that you have done all you...more