Many of us borrow money to buy essential things that we cannot afford upfront. There are several places you can borrow from. The most common would be from a bank or lender when it comes to a mortgage. Some people…
Are you looking into life insurance policies and come across the term “participating life insurance”? If so, you are probably wondering, “What is a participating life insurance policy?” To understand this term, there are a few key things about life…
Not everyone requires a large amount of life insurance, and a policy of $25,000 (or even less) may be sufficient to cover your needs. Life insurance policies with no exam for $25,000 are purchased on a regular basis to protect…
The number of people who died from drug overdoses in the United States hit an all-time high of about 72,000 in 2019. Among the drugs that caused the most deaths were opioids (prescription medicines meant for pain relief), which accounted…
You may not realize the impact of age on life insurance premiums until you’re in the process of purchasing one. But the earlier in life you start your policy, the better. Those who wait until their late thirties or forties…
You have the option to cancel your life insurance policy if you no longer want or require coverage. However, there’s some bad news: you are unlikely to get back any of the money you paid in insurance premiums. Terminating term…
A stroke is a severe medical condition. In fact, it is one of the leading causes of death in the United States. According to the Centers for Disease Control and Prevention (CDC), strokes are the 5th leading cause of death…
The name “Ladder Life Insurance” may sound catchy. You may associate ladders with reaching higher grounds of levels. It is easy to understand the symbolism between ladders and progression. The higher you are, the closer you are to your destination. …
Getting life insurance is something to consider if you have loved ones who depend on you. Although no law states that you must have a life insurance policy, it is generally a good thing to have. Having a life insurance…