-
What is Life Insurance?
July 25, 2013
The concept of life insurance involves a contract between an individual and an insurance provider. In this agreement the individual asks the insurance provider to give him financial coverage that, should he die prematurely, the provider will pay a set amount of money out to whoever the individual identifies as a beneficiary. In return, the insurance provider charges a monthly…
-
5 Tips to Help Seniors Get Life Insurance Coverage
January 20, 2013 · One comment
Most seniors have two basic problems when it comes to buying life insurance: the cost of the premiums and the sometimes onerous task of getting accepted. Age and health are the two major drivers of life insurance policy costs, and not coincidentally, they are the primary standards by which life insurance underwriters determine who will be approved for coverage. Regardless…