The Importance of Life Insurance for Young Adults
We often think of life insurance as something for those who already have a mortgage, family, and probably some years under their belt. However, life insurance is not just a tool for protecting loved ones after you’re gone; it can also be a smart financial strategy for young adults depending on their circumstances. Let’s dive […]
Complete Guide to Life Insurance for an SBA Loan
Entrepreneurs, like yourself, might be surprised to learn that the Small Business Association (SBA) does typically require business owners to have life insurance prior to releasing business funding. Let’s break down what you need to know about how SBA loans and life insurance coverage are connected. These tips will help you better prepare for getting […]
Whole & Term Life Insurance: Which One is Right for You?
What’s the difference between whole and term life insurance? The main difference is in the duration of coverage. Term life insurance provides coverage for a specific period (such as 10, 20, or 30 years). Whole life insurance provides coverage for the entire lifetime of the insured individual. Let’s dive into more detail about the difference […]
What Is Accidental Death and Dismemberment (AD&D) Insurance?
When thinking about insurance, people are more likely to think about life insurance than accidental death and dismemberment (AD&D) insurance. But it’s important coverage because accidents happen, even if you’re careful. AD&D pays a benefit if you have an accident that results in loss of life, limb, hearing or sight. AD&D only covers certain deaths […]
Sproutt Life Insurance Review 2022
Choosing life insurance that matches your budget and needs isn’t always a simple decision. If you’ve been shopping around for life insurance, there’s a good chance you’ve come across the no medical exam life insurance plans offered by Sproutt. Sproutt life insurance offers a one-stop shop to get life insurance without taking a medical exam. […]
A Guide to Finding Affordable Life Insurance with No Medical Exam
No medical life insurance can allow you to apply for and get a policy without undergoing a routine medical exam. It might seem like the best fit for you, until you see your quote. In many cases, the convenience of a no exam policy can be costly if you aren’t careful. Here’s what you need […]
Do I Need Life Insurance? The Ultimate Guide to Help You Decide
Buying life insurance might be one of those things you just never got around to doing. You had many other things going on in your life, such as raising kids and preparing for retirement. Now, you may wonder, “Do I need life insurance?” It’s a good question because not everyone needs a policy. But you […]
Bestow vs. Everyday Life Insurance: Compare Online Life Insurance
Choosing a life insurance company can be overwhelming and incomprehensible. You’ll likely hear from various sources what to do during your search — and some of the advice is contradictory. Whether you’re just starting your life insurance shopping journey or somewhere in the middle, too many options can leave you asking questions like, What kind […]
What is No Medical Exam Life Insurance?
What is “no medical exam” life insurance? If you’re in the market for life insurance, you’ve likely encountered this term. What does it mean? But there’s a lot of misconception out there. To start, “no medical exam” policies aren’t a type of policy at all. Several life insurance policies don’t require a health exam, even […]
How Much Life Insurance Do I Need?
Figuring out how much life insurance you need can feel impossible. You want enough so your loved ones don’t have to worry, but you also want to keep costs down. Part of the calculation hinges on your lifestyle, goals, circumstances and family situation, so it’s different for everyone. Luckily, it’s easier than you think to […]
