For seniors, life insurance can be a vital and necessary component of financial planning. However, as one gets older, it can become increasingly difficult to obtain traditional life insurance policies that require medical exams and extensive underwriting. This is where guaranteed issue life insurance comes in – a policy that is designed specifically for seniors…
The accidental death benefit rider is an added feature to a life insurance policy that provides additional coverage in the event of an accidental death. It is important to understand this rider and its benefits, as it can offer financial protection for loved ones in unexpected circumstances. This article will provide a comprehensive overview of…
Life insurance is a topic that evokes mixed emotions. On one hand, it’s an essential tool that helps families protect themselves against the unexpected. On the other hand, it can be complex and confusing, with many different options available. One type of life insurance policy that may be worth considering is guaranteed issue life insurance….
When I first entered this business I never new that a product could be “controversial” like permanent life insurance. After all, a life insurance policy in its simplest form is a contract for the future delivery of a specified amount of money. What is controversial about that? The controversy centers around the fact that if…
A Waiver of Premium Rider is a type of insurance policy add-on that can offer peace of mind to policyholders and their loved ones. This rider waives the premium payments on a life insurance policy if the insured becomes disabled or seriously ill and unable to work. While it may seem like an unnecessary expense,…
Disability can strike anyone at any time, making it essential to have a backup plan in case the worst happens. Disability income riders are a type of insurance policy that provides financial protection for individuals who become disabled and unable to work. However, with so many different types of disability income riders available, it can…