Oct 25, 2016 9:13:00 PM
Oct 22, 2016 9:09:00 AM
Oct 18, 2016 7:57:00 AM
Oct 15, 2016 12:38:00 PM
Oct 11, 2016 8:27:00 AM
There are a lot of misconceptions about life insurance. In fact, a majority of people don't buy a life insurance policy because they grossly overestimate how much it's going to cost. For the record, life insurance is surprisingly affordable for most Americans.
Cost aside, there are still a lot of lingering questions that people have about this important coverage, some questions they'd rather not ask anyone in person. If you're still on the fence about protecting your family's financial future, here are just six common questions about life insurance and their answers.
Am I too old to buy a life insurance policy?
Unless you're over the age of 75, you can still purchase a term life insurance policy. In fact, there's really no age cut off to buy a whole life policy that covers burial expenses. It's important to understand, however, that life insurance is much more affordable the younger you purchase a policy, so locking in a rate early is the best strategy.
Oct 7, 2016 8:47:00 AM
Oct 3, 2016 3:25:00 PM
We tend to feel pretty invincible when we're young. Hard won experience shows that this isn't always the case. Young adults may come down with terrible diseases or be victims of tragic accidents on a daily basis. Those gruesome thoughts aside, if you're in your 20s and haven't thought about buying a life insurance policy, you're not alone. Here are several reasons why you should consider buying life insurance now, and what you need to know to select the right coverage.
Why You Should Buy a Life Insurance Policy
Life insurance is the ultimate financial tool to prepare for those unforeseen events that can be financially devastating for those we leave behind. If you think that you aren't leaving anyone in a lurch, be absolutely certain about this. Do you have student loans or other debts that family members have co-signed for you? It would be in poor taste to leave those debts to someone as your legacy. Likewise, someone will need to pay your final burial expenses, as unpleasant as that sounds.
Sep 27, 2016 6:52:00 PM
Our picture of a "normal" household has changed drastically in recent years. Ask your grandparents about their family household growing up and they might describe several generations living under one roof. While we moved away from this for a time, it is fast becoming the norm once again.
In fact, households that contain three or more generations are rapidly increasing in this country. One Pew Research Center study found that, since 1980, the number of multigenerational households in the U.S. has more than doubled. College graduates are returning home, and Baby Boomers are bringing aging parents home for their retirement years. These diverse households bring their own set of challenges, one of which is planning for the future through the right life insurance coverage.
A leading online life insurance agency since 1997, IntelliQuote provides customers simplified, private access to compare, shop and buy life insurance online, including term life insurance quotes. IntelliQuote offers clients a wide selection of competitive products from A-rated carriers, supported by licensed agents. This simplified approach makes purchasing a policy easy and straightforward while providing a savings of up to 70% per policy. IntelliQuote is a member of the LIFE Foundation and is committed to ongoing consumer education. For information on how to estimate how much coverage an individual might need, contact www.intelliquote.com, or 888.883.6855.