1. The Pros and Cons of Term Life and Whole Life Insurance

    Mother Giving Children Piggyback RideAs a parent or grandparent, choosing the right kind of insurance for your family’s needs is an important part of preparing for the future. There’s a feeling of security in knowing that you have enough coverage to provide your beneficiaries with adequate benefits.

    Two common kinds of life insurance – term life and whole life – have advantages and disadvantages. Read on to gain insight into how each kind works.

  2. Why Life Insurance? What Every Parent Should Know

    Mother, Daughter and SonWhen you become a parent, you want nothing more than to protect your children from harm. Unfortunately, you can’t anticipate every obstacle your children will encounter, including the possibility of your death. By having an appropriate life insurance policy, you can help ensure that your children have a financial safety net should something happen to you.

  3. How is my term life insurance rate determined?

    Couple Researching Term Life InsuranceMany factors play a role in the calculation of term life insurance premium rates. In general, rates are based on the amount of coverage selected and the probability of the policyholder living until the policy expires. The more likely you are to be alive at the policy’s expiration, the lower your term life insurance rate can be. However, if you have certain health or lifestyle characteristics that the insurance company views as risky, your rate may be higher.

  4. The No-Brainer Benefits of Term Life Insurance

    Family Benefits of Term Life InsuranceA lot of people are turned off by life insurance coverage simply because they’re not aware they have choices. The high cost of permanent life insurance and the complexities involved with the commitment end of it make getting life insurance coverage seem a bit too much like a chore. But the fact is, life insurance protection comes in various shapes and sizes, and depending on whether you’re shopping for individual or family insurance plans, your search can yield significantly different results.

  5. Term Life vs. Whole Life: Comparing the Basic Differences

    Compare Term and Whole Life InsuranceBefore you set your sights on a life insurance carrier, you have to to determine if the policies they’re offering align with your needs. When it comes to shopping for a life insurance policy, there are two all-important terms that you have to familiarize yourself with: term life insurance and whole life insurance.

    So, what the heck is the difference between the two?