Articles

20 Oct-21

Term Life Insurance

What Is Term Life Insurance?

Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment of a stated death benefit if the covered person dies during a specified term. Once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the term life insurance policy to termin...

19 Oct-21

Are Return of Premium Riders Worth It?

A return of premium rider provides for a refund of the premiums paid on a term life insurance policy if the policyholder doesn't die during the stated term. This effectively reduces the policyholder's net cost to zero. A policy with a return of premium provision is also referred to as return of premium life insurance.

How Term Life Insurance and Return of Premium Riders Work

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13 Oct-21

Top 4 Reasons to Save for Retirement Now

There are dozens of excuses for not saving for retirement, and they all sound good. You may have a few of your own. But you know you should. Here are four good reasons to save for retirement:

You don’t want to rely only on Social Security benefits after retirement.

You don't want to be a burden on your children.

You have access to a tax-deferred retirem...

12 Oct-21

Annuity vs. 401(k): Which Is Better for Retirement?

Choosing the right way to save for retirement based on your personal needs is easier said than done. There are many options available, with annuities and 401(k) plans being some of the most prominent. While these two popular retirement savings vehicles are similar in some ways, they also have important differences, as well as times you can best use them. Below, we detail what should make or bre...

08 Oct-21

About No Exam Life Insurance

Can you get life insurance with no medical exam?

Most life insurance policies, like term life insurance, require a medical exam. This exam helps the insurance company accurately assess risk and set your premium. If you have a serious medical condition, you may worry life insurance is off-limits to you, but this may not be the case.

There are two types of life insurance poli...