What is permanent life insurance?

What is permanent life insurance?

Death is the most certain thing there is to all humans, and protecting and catering for loved ones after the grim reaper has come calling is a concern for most. This is where life insurance steps in. There are several forms of life insurance. One of which is permanent life insurance. Permanent life insurance, simply […]

What is Supplemental Life Insurance?

What is Supplemental Life Insurance?

Sometimes, your life insurance might not be enough. You might have purchased a plan before you started a family, or your family has grown, or maybe there are just new circumstances that might affect your finances in the future. Then you might need some supplemental life insurance. What is supplemental life insurance? Supplemental life insurance […]

How to Find Out if I Am a Beneficiary of a Life Insurance Policy

How to Find Out if I Am a Beneficiary of a Life Insurance Policy

There have been cases where life insurance policies remain unclaimed after the death of the policyholder. You know what’s interesting? Sometimes, the insurer may not even know when the insured died. So, if the insurer has no idea about the death of the insured, there will be zero efforts to locate the beneficiary. For a […]

What Is Escrow Account In Mortgage

escrow account mortgage

When you settle on a mortgage, your lender may establish a mortgage escrow account in which a portion of your monthly loan payment is placed to cover some of the costs of homeownership. Real estate taxes, insurance premiums, and private mortgage insurance are some of the fees that may be incurred. This procedure ensures that […]

How Is Life Insurance Taxed? Learn More Now

How Is Life Insurance Taxed? Learn More Now

Death and taxes are said to be the only two certainties in life. Thankfully, when you apply for life insurance, you may be pretty certain that the payout will be tax-free. So how is life insurance taxed? In most cases, life insurance payouts are tax-free. Taxes on a policy’s payment should be the last item […]

What Does Life Insurance Cover? Find Out Now

life insurance

Life insurance is one of those topics that we have all heard of or come across at some point in our lives. In fact, a 2020 study carried out in the U.S shows that 54% of the general populace had one type of life insurance or the other. If you are among those, who aren’t […]

3 Tips On How To Help Someone Who Is Grieving

life insurance

The year 2020 has been full of sorrows and losses for many. We all were restricted to homes with job insecurity, uncertainty, and some were even away from loved ones. Some lost their lives to COVID-19 and some because of untimely treatment of diseases because of the pandemic, and some left us too soon. It […]

4 Reasons Why You Should Get A Group Life Insurance For Your Employees

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Life insurance policy is vital, especially when there is so much uncertainty around us. Life insurance provides you with benefits that can help the family and loved ones’ financial safety and security. So, as an employer, adding life insurance to the employee package is the right choice. For this purpose, opting for group life insurance […]

All You Need To Know About Life Insurance Policy And Adoption

Life Insurance, Policy

Having a child in the house brings immense love and joy to the family. They are the center of attention and the bundle of joy. They bring a feeling of fulfillment to your life. This is why even if parents can’t have a child, they always have the option of adopting one. While the process […]

3 Vital Uses Of Life Insurance You Might Be Ignoring

life insurance

If you ignore a life insurance policy like any other policy plan, you might be missing out on a lot of things. Life insurance is one of the essentials that ensures your family’s stability in your absence. It helps them by giving them financial safety and security so that they do not have an additional burden. The […]