Life Insurance 101

Thinking about buying life insurance? We understand it can seem confusing at first. If you’re not sure where to start, or really aren’t even sure exactly what life insurance is, we’re here to help. We have put together a collection of easy-to-understand blog articles to help you navigate the world of life insurance. Here’s what you need to know before you purchase.

What Is Life Insurance?

These articles will give you a rundown of the life insurance products themselves and how they work.

What is the difference between term and permanent insurance?
How much is life insurance?
What are life insurance riders and which are the most common?
Who is involved in the life insurance process?
Who can own a life insurance policy?

Do I Need Life Insurance?

Do you fit in one or more of these categories? These articles can help you determine whether or not you need life insurance.

Parents
Moms
Dads
Single Parents
Stay-at-Home Parents
Single People
People Without Kids
Women
Business Owners
Homeowners
Grandparents
Your Children
Retirees

Can I Get Life Insurance?

Don’t automatically assume that because you have a unique health condition or lifestyle that you can’t get life insurance. These articles go through different health and lifestyle situations and how the life insurance companies view them.

Health:

I have a history of Alcohol.
I have a history of Asthma.
I have a history of Autism.
I have a history of Breast Cancer.
I have a history of Colorectal Cancer.
I have a history of Cancer.
I have a history of COPD.
I have a history of Depression.
I have a history of Diabetes.
I have a history of Epilepsy.
I have a history of Heart Attacks.
I have a history of Hypertension.
I have a history of Multiple Sclerosis.
I have a history of Obesity.
I have a history of Parkinson’s Disease.
I have a history of Rheumatoid Arthritis.
I have a history of Skin Cancer.
I have a history of Sleep Apnea.
I have a history of Ulcerative Colitis.

Life:

I am pregnant.
I have a dangerous job.
I have risky hobbies.
I am unemployed.
I have a poor driving record.
I have a criminal record.
I often travel internationally.
I am not a U.S. citizen.
I am transgender.
I already have group life insurance.
I have previously been denied life insurance.

Tobacco Use:

I am a cigarette smoker.
I am a cigar smoker.
I am a marijuana user.
I am a tobacco chewer.
I use electronic cigarettes.
I use smoking cessation products.

What Should I Know Before Getting a Life Insurance Quote?

“Standard Plus,” “Table C,” “Risk Class” – what do these terms mean? When you get a life insurance quote, you might see these kinds of terms¬†pop up. These articles explain how to make sense of some insider terms.

What is a risk class?
Will I be rated standard or preferred?
What is a table rating?
What is life insurance underwriting?

 

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