Related Articles for you What is term life insurance? Term life insurance is a type of life insurance coverage that insures the policyholder’s life. The policyholder chooses a death benefit, such as $250,000 or $1 million. The policyholder also chooses beneficiaries. Those are the people who receive the death benefit. Life […]
Author: Frances Obi
What is Voluntary Life Insurance and why you should Buy It?
Interesting Articles for you What is voluntary life insurance? Voluntary life insurance is a financial safety net that pays a designated beneficiary in the event of the policyholder’s death. It’s usually offered through employers as an employee benefit. Employees pay a monthly premium amount, which is often deducted from their […]
How to File a Life Insurance Claim in 4 Steps
Related Articles for you What is a life insurance claim? A life insurance claim is a claim to obtain a death benefit. Policyholders buy life insurance coverage and name beneficiaries who will receive a death benefit if they pass while the policy is in effect. The death benefit is a […]
What are Life Insurance Riders, and Which Are Best for You?
Related Article for you What is a life insurance rider? Life insurance riders allow you to customize your insurance coverage in a way that makes the most sense for you and the people you care about. These riders are typically add-ons that make it possible to choose additional features to […]
The Best time to buy Life Insurance and the importance?
Related Articles for you When should you consider buying life insurance? Having the right insurance coverage is crucial to providing financial protection for policyholders and their loved ones. But many people wonder exactly when to get life insurance. This guide will provide insight into the best time to purchase life insurance coverage. […]
How do universal life insurance work and compare with other types?
Related Articles for you What is universal life insurance? Life insurance is a valuable tool to protect your loved ones in the event of your untimely death. There are several different kinds, including term, whole, and universal life insurance, and understanding their differences is crucial to determining which is the […]
What is Term Life Insurance and how does it work?
Related Article for you What is Term Life Insurance? Life insurance provides important financial protection for loved ones in case of the policyholder’s death. Term life insurance is a simple form of insurance protection that remains in effect for a set amount of time. This guide will explain how term […]
What is Whole Life Insurance? and All you need to know?
Related Article for you Whole life insurance definition A whole life insurance policy can help protect your loved ones from financial peril in the event of your death. Here, we’ll cover what whole life insurance is and theĀ best life insurance companiesĀ for whole life coverage. If you decide to move ahead […]
Reasons why Mass Mutual Life Insurance is Helping Hand Guide
Related Articles for you Mass Mutual Full Mass Mutual life insurance This life insurer is a good fit for: People who need help buying coverage or who qualify for the free LifeBridge need Mass Mutual Life Insurance Pros: Cons: Mass Mutual life insurance at a glance Financial professionals provide assistance in […]
What is TransAmerica Life Insurance with its Coverage Options Benefits
Related Articles for you TransAmerica life insurance at a glance Pros: Cons: Accelerated death benefits included as a standard option TransAmerica offers two-term life insurance policies, both of which offer an accelerated death benefit option that pays out a portion of the money while the policyholder is alive. With the Trendsetter LB […]