Life Insurance Policyholder Resources

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Life Insurance Agent vs. Life Insurance Broker (Terms Explained)

When it comes to buying term life insurance, car insurance, or any other type of insurance, you’ll hear the terms “agent” and “broker” thrown around a lot. You might not know exactly what they do or how they differ from each other. Though, the insurance agent vs. broker topic isn’t all too difficult to understand....

When it comes to buying term life insurance, car insurance, ...

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Life Insurance Non-Forfeiture Option (Terms Explained)

For those who hold a permanent life insurance policy, nonforfeiture options are available to protect the insured. Life happens and sometimes insurance policies need to be surrendered or premiums cannot be consistently paid. Insurance companies want you protected no matter what happens. Read the article to learn more about the meaning of nonforfeiture in an...

For those who hold a permanent life insurance policy, nonfor...

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Who is considered the next of kin for life insurance?

Who is considered next of kin for life insurance companies and what are next of kin rights? Life insurance companies generally do not need to recognize your next of kin if you list beneficiaries. Generally, next of kin is a legal term that determines who inherits a person’s property or who makes funeral arrangements if...

Who is considered next of kin for life insurance companies a...

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Reasons Why Life Insurance Won’t Pay Out [2024]

In a Ladder Life Insurance review, it’s clear that Liberty Mutual covers a wide range of perils, with fire being one of the most common. Whether it’s a minor kitchen fire or a major blaze, their insurance assists you in rebuilding and recovering. Additionally, Liberty Mutual protects against theft, ensuring your belongings are secure even...

In a Ladder Life Insurance review, it’s clear that Liberty...

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How To Become an Independent Insurance Agent [2024]

Whether you’re interested in helping clients navigate their way through life insurance or you’re considering auto insurance as your line of authority, the general steps are the same. Knowing how to become an independent insurance agent in your state will help you move through the process quickly and efficiently. Find your line of authority and...

Whether you’re interested in helping clients navigate ...

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Does life insurance go through probate?

When a loved one passes, it’s usually a time of mourning and grief. It can also leave you exhausted if you’re responsible for their estate. A life insurance policy is the last thing you want to worry about when dealing with a death. Ideally, the life insurance policy will send a payment to the beneficiary...

When a loved one passes, it’s usually a time of mourning a...

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How To Cancel Your Foresters Life Insurance Policy [2024]

Do you want to know how to cancel Foresters Financial life insurance policies? Foresters Financial uses different terms for cancellation and life insurance policies. Does Foresters Financial cancel life insurance policies differently than other companies? Don’t worry — we’ll answer your questions. Read this guide to learn how to cancel Foresters Financial life insurance, which...

Do you want to know how to cancel Foresters Financial life i...

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How To Cancel Your Banner Life Insurance Policy [2024]

Sometimes canceling your life insurance policy can be a pain. Companies don’t always make the process easy, so many readers may feel confused or helpless. Don’t fret — we’re here to help you figure out exactly how to cancel your Banner life insurance policy. This article will cover some important basics, such as Banner’s cancellation...

Sometimes canceling your life insurance policy can be a pain...

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How To Cancel Your Americo Financial Life & Annuity Life Insurance Policy [2024]

It is relatively easy to cancel your Americo Financial Life & Annuity insurance policy. You may need to call Americo Financial customer service, fill out some forms, or write a life insurance cancellation letter. Unsatisfied with your Americo Financial life insurance quotes? Read more about how to cancel a life insurance policy below. But do...

It is relatively easy to cancel your Americo Financial Life ...

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How To Cancel Your American National Life Insurance Policy [2024]

If you no longer want to keep paying for your American National Life Insurance policy or no longer need it, then you will need to cancel your policy. You can cancel your American National Life Insurance policy by contacting American National customer service online or by phone.  Read on to learn the steps of canceling...

If you no longer want to keep paying for your American Natio...

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How To Cancel Your AARP Life Insurance Policy [2024]

One of the many benefits of AARP membership is the deals you can get. AARP offers insurance products like term life insurance through the New York Life Insurance company. Sometimes though, it just isn’t the best option for you. Then you need to find out how to cancel your AARP life insurance policy. This guide...

One of the many benefits of AARP membership is the deals you...

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Are beneficiaries responsible for debts left by the deceased?

If someone important to you has passed away and has named you as a beneficiary in their will or term life insurance policy, you may be wondering, “Are beneficiaries responsible for debts left by the deceased?” After all, if your spouse or parent has passed away with lots of outstanding debts, you may be worried...

If someone important to you has passed away and has named yo...

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End-of-Life and Estate Planning for Veterans [2024]

End-of-life planning is much more than finalizing your affairs and getting your will in order. Especially if you’re a veteran, end-of-life planning involves accounting for how your legacy will be honored, and how future generations will remember you and your service. Making end-of-life plans can be less than comfortable, but these are incredibly important conversations...

End-of-life planning is much more than finalizing your affai...

Life Insurance Incontestability Clause in 2024 (Term Explained)Post

Life Insurance Incontestability Clause in 2024 (Term Explained)

Monthly rates for life insurance start around $20, with the life insurance incontestability clause offering protection after two years. This clause helps secure your policy against disputes due to misstatements. In our life insurance center, you’ll discover that a permanent life insurance policy is a legal contract with key fine print to understand. The incontestability...

Monthly rates for life insurance start around $20, with the ...

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Collateral Assignment of Life Insurance (Explained)

Banks want their money back, even if you die. They're just weird that way. Don't leave this burden to your partners or family. Secure your business loans with term life.

Banks want their money back, even if you die. They're just w...

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What happens if I don’t pay my life insurance premium?

Term life insurance is a unilateral agreement between you and the life insurance company. A unilateral agreement or contract is on in which the obligation rests on only one party. In this case that party is the life insurance company. A term life insurance policy is similar to an auto insurance policy, in that in...

Term life insurance is a unilateral agreement between you ...

How To Choose a Life Insurance Beneficiary [2024]Post

How To Choose a Life Insurance Beneficiary [2024]

You have so many decisions to make when when buying term life insurance. And choosing your life insurance beneficiary is the most important one.

You have so many decisions to make when when buying term lif...

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Life Income Joint and Survivor Settlement (Terms Explained)

With life insurance, there are difficult decisions to consider, not least of which things like your life income joint and survivor settlement option guarantees. We will help you understand your options when it comes to life insurance settlement options. For example, we’ll answer important life insurance questions like what are life income joint and survivor...

With life insurance, there are difficult decisions to consid...

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Life Insurance and Financial Planning: How They Work Together

The Role of Life Insurance in Your Financial Plan Insurance’s Role in Your Financial Plan Insurance is one of life’s necessities and probably the least-understood financial product. Insurance reimburses people for covered losses in the event of an unfortunate occurrence such as an illness, accident, or death. At the same time, it can encourage prevention...

The Role of Life Insurance in Your Financial Plan Insurance&...

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