What Is The Difference Between Term And Whole Life Insurance Policies?
Key Takeaways: Term vs. whole life insurance (also known as permanent life) are two separate types of life insurance coverage. Before you purchase a plan, it’s important to know which type is right for your situation. The main difference between term and whole life policies is found in the coverage length — a term life […]
What Happens If You Outlive Your Term Life Insurance?
Term life insurance is a great way to protect your family’s financial future. But if you’re not sure what happens to the money if you outlive your term life insurance, it’s time to find out. When your term life insurance policy expires, your insurance company keeps the premiums you’ve paid over the term. At the […]
What Is the Best Age to Buy Life Insurance?
Key Takeaways: Rates increase the older you get, so it’s important to buy term life insurance as soon as you need it. Everyone’s life circumstances are different, so there is no single best age to buy life insurance. Everyday Life Insurance’s dynamic term life plans were designed to help you avoid overpaying for coverage you […]
What Is Term Life Insurance?
What Is Term Life Insurance? Most people know that life insurance is important, but they just can’t figure out which policy to buy or where to buy it. Confusing plans, high prices, and over-complicated jargon can make it seem overwhelming. Term life insurance is a cheap and easy way to protect your family from the […]
What are Smart Life Insurance Quotes?
The globally distressing events of the coronavirus pandemic have made Americans more aware of their own mortality. Surveys show that 25% of people are more likely to get life insurance as a result of the outbreak. That’s a good thing. Americans are thinking more about how to protect their families in the event that something […]
Is Life Insurance Worth The Cost?
One of the most frequently asked questions we get about life insurance is this: “Is life insurance worth the cost?” It’s a fair question. Purchasing a term life insurance plan varies depending on your specific coverage needs, but you might end up paying anywhere from $15 to $100 a month for anywhere from 10 to […]
Why You Need a Life Insurance Needs Assessment with The Ultimate Life Insurance Calculator
Key Takeaways: Taking a life insurance needs assessment online is simply faster, more convenient, and likely to be more accurate than calling to speak with an agent. Understanding how much life insurance you really need is an important step to take before you purchase a plan; otherwise, you could end up overpaying. You can use […]
The Average Cost Of Life Insurance By Age
Key Takeaways: Even for people of the same age, the cost of a plan can vary depending on the type of life insurance, the risk profile of the applicant, location, and the underwriting process. The cost of life insurance by age can increase as you get older, so it’s advantageous to get a life insurance […]
5 Tips To Help Families Buy Life Insurance Wisely
For families, having life insurance is non-negotiable. When you have young children or a mortgage, or even if you have a spouse or elderly parents/other relatives who depend on you, then you leave them in a distressing situation if anything happens to you and you are no longer around to provide income, support, and care. […]
Does Term Life Insurance Have Cash Value?
Key Takeaways: Only permanent policies like whole life and universal life offer cash value, which may make them more attractive (until you understand what that does to the cost of the plan). Term life plans don’t offer cash value within the policy, but over time can help you build your savings and invest more wisely […]
