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Tag: Life Insurance

Are There Restrictions On Final Expense Insurance Policies?

Are There Restrictions On Final Expense Insurance Policies?

Death is as certain as taxes, and your final expenses may be more than you are anticipating. That’s why it makes sense to purchase final expense insurance to help protect your loved ones after you are gone. Our knowledgeable agency can help you find a final expense insurance policy to suit your needs. What Is Final Expense Insurance? Final expense insurance is a type of...

What Happens If I Cancel My Life Insurance Early?

What Happens If I Cancel My Life Insurance Early?

A life insurance policy is a wise investment, but also a financial commitment. Most are effective for 30 years or more. For your policy to remain in effect, you must continue paying your premiums, month after month. If the premium payments are putting a strain on your budget, you may be considering the option of canceling early, although people also cancel for other reasons. Our...

What Happens To My Life Insurance If I Am Diagnosed With A Terminal Illness?

What Happens To My Life Insurance If I Am Diagnosed With A Terminal Illness?

In most cases, life insurance benefits are paid out after the insured dies and a claim, along with a certified copy of the death certificate, is filed with the insurance company. In cases of terminal illness, however, there may be an exception to this rule. If you have been diagnosed with such an illness, you may qualify for accelerated death benefits. What Are Accelerated Death...