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Can Nursing Home Take Your Life Insurance From Your Beneficiary

Can Nursing Home Take Your Life Insurance From Your Beneficiary?

Seniors often go to nursing homes if they have a medical condition that needs constant care. However, nursing homes can be quite expensive for a majority of our population.  And if you are a person who stays in a nursing…

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What Is Optional Life Insurance

What Is Optional Life Insurance? 

Most types of insurance are optional. It’s something that is often a good thing to have, but it’s not something you have to have.  So when you hear the term “optional life insurance”, what does that mean? Does it mean…

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6 Tips For Buying Life Insurance For Seniors

What Type Of Life Insurance Incorporates Flexible Premiums

Below we’ll look at what type of life insurance incorporates flexible premiums. One thing first though… There are many types (and sub types) of life insurance. And because of this it gets so so confusing to try to understand them…

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Can I Get Life Insurance On My Boyfriend

Can I Get Life Insurance On My Boyfriend?

Some people do not believe in marriage. And that’s alright. We all have our own preferences, and the choices we make in life are completely up to us. As the saying goes, “to each their own.” However, married life does…

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What Is Modified Whole Life Insurance

What Is Modified Whole Life Insurance

Life insurance has two main types. One is called term life insurance.  On the other hand, the other is called permanent life insurance. From the words itself, the difference is already pointed out. Term life insurance is the type where…

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What Does Contingent Mean in Life Insurance?

Does Term Life Insurance Have A Cash Value?

There are two broad types of life insurance. These are known as term life insurance and permanent life insurance. These two types of life insurances have their unique sets of advantages and disadvantages.  Term life insurance has a determinate period…

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Does Life Insurance Go Through Probate

Does Life Insurance Go Through Probate?

This article is about 2 of the most exciting topics you’ll ever learn about – probate and life insurance. Wait, sorry. We meant boring. Not exciting. But, either way, they are topics that you should probably know about because they…

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How Much Life Insurance Should You Have

How Much Life Insurance Should You Have?

Life insurance policies can be very helpful for a number of reasons. The main reason most people get a policy is because, if you pass away and are the primary source of their income, it could be a chaos for…

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Is Life Insurance Part Of An Estate?

How To Get Life Insurance

Life insurance is a great option for many. It offers a lot of benefits not just for yourself, but for your family, as well.  And this is especially true if you have children who are very young or dependent on…

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Are Life Insurance Proceeds Taxable

Are Life Insurance Proceeds Taxable?

Insurance and taxes are both complicated and boring. Put them together and they’re even more complicated and boring.  But, they are important. And you want to understand the rules surrounding them as much as possible. Below, we answer (in plain,…

Read MoreAre Life Insurance Proceeds Taxable?
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