While in most cases insurance claims are paid promptly and with no difficulty, it can be upsetting and financially stressful if the insurer disclaims life insurance coverage on your claim. In the event that your claim is denied, it is essential to find out precisely what grounds the insurance company has for rejecting your request for payment, and to retain legal counsel in … [Read more...] about Insurer Disclaims Life Insurance Coverage: Info and Advice
Selecting between life insurance policies can be confusing at best; in many cases, seemingly identical policies have significantly different costs. Comparing various insurance policies is difficult and time-consuming for most people. Fortunately, there are a number of internet sites that offer online life insurance quotes; these can provide a useful method for comparing various … [Read more...] about Online Life Insurance Quotes: Info and Advice
Obtaining a life insurance policy can ensure your family’s financial security and afford you valuable peace of mind. However, the application process can be complicated and confusing. While some policies can be purchased without any medical examination and with minimal medical information changing hands, this is usually not the case for older applicants, who may need to undergo … [Read more...] about What Do Life Insurance Companies Test For?
When planning for the future, a number of financial questions may arise; one of the most common is: "Do you pay taxes on life insurance benefits?" The question is more complicated than it might seem at first. The answer is both yes and no, and depends on the amount of the payment, the type of payment, and the way in which the payments are received. Generally, life insurance … [Read more...] about Do You Pay Taxes on Life Insurance Benefits?
When considering various life insurance policies, the advantages and disadvantages of whole life insurance vs term life insurance should be examined carefully. Both types of policies offer protection for families if something should happen to one of the income earners unexpectedly. However, there are significant differences that may make one type preferable in some cases; here … [Read more...] about Whole Life Insurance vs Term Life Insurance: Advantages and Drawbacks