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What happens to your pets when you die? You can leave behind instructions to help care for your animals after you pass, but why can’t you name your pet as your life insurance beneficiary? Because animals are considered property under the law, they cannot legally own possessions, making it impossible for pets to inherit life…
→ Read MoreAs a newlywed or a person planning to get married, it’s natural to ask yourself whether you should add your significant other to your insurance. Perhaps you’ve been in a committed partnership and are now considering life insurance for newlyweds as the next step for the future you’re planning together. Answering the question “Why should…
→ Read MoreWhen it comes to buying life insurance, many people worry that having a pre-existing condition may affect their chances of being approved. While it is true that some insurance providers will not accept individuals with certain conditions, there are still ways to get life insurance if you have a medical condition. In this article, we’ll…
→ Read MoreFiguring out how much $500,000 in life insurance costs can be a difficult task. Many factors play into the cost of life insurance, such as age, health, insurance company, and policy details. We break down the cost of $500,000 in coverage and the factors that determine your premium. Life insurance is underwritten by insurance companies,…
→ Read MoreIf you’ve had a life insurance policy that is no longer active or has lapsed, you may wonder if there is an option to reinstate the policy. Fortunately, it’s possible to have a previously inactive policy reinstated and continue enjoying the benefits of having financial protection for yourself and your family. This guide will provide…
→ Read MoreThe short answer to the question, “Can you change my life insurance beneficiary?” is yes, with several parameters. However, it’s important to also know how to choose a life insurance beneficiary to ensure the policy functions as intended and offers financial protection to your loved ones. Many life events can warrant a beneficiary change, including…
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