Choosing beneficiaries for your life insurance policy can be a simple exercise, or it can be incredibly challenging. If you have a trust, the beneficiary will likely be the trust, but you’ll still need to determine how you want the trust’s assets to be used. Some individuals only have one survivor; others have many, including [...]

How Personal Disabilities Affect Life Insurance A personal disability can make life extremely challenging. While there are many types of disabilities, each comes with its own unique challenges. For disabilities that have a high-correlation with early fatality, purchasing a life insurance policy is a common challenge. In the United States’ free market economy, life insurance [...]

A legal will (or testament) is one of the simplest, least expensive legal documents you can have, but if you’re like about 3/4 of US citizens, you don’t have one. Most people don’t want to think about leaving the world. They may think that the process of dealing with their estate will be simple. They [...]

As the medical examination required for a new life insurance policy will have a large bearing on the premiums that will need to be paid, it is important that you take a few steps to prepare for the examination. This is done by learning what types of tests will be done as part of the [...]

If you have decided on a term insurance policy rather than a whole life insurance policy, you will need to determine both the term and the coverage amount of the policy. Term policies can range from as short as 1-year to as long as you would like, though the maximum on standard policies is usually [...]