Posted on: Tuesday, May 15th, 2012 by jcliff

Becoming a parent for the first time is an exciting and usually overwhelming time.  There is so much to think about from the nursery, feeding, baby showers and parenting classes.  But one important aspect that is often overlooked during this busy time is changing life insurance needs.  Before having children many people do not carry life insurance, but bringing a new life into the world that you are completely responsible for may change your outlook.

Life insurance is an important financial tool to help your family in the event of your death.  This becomes even more …

Posted on: Friday, May 11th, 2012 by jcliff

Woman’s Life is a community of women focusing on life insurance products to best suit their needs.  The Woman’s Life National Cause helps women find the quality products they deserve and one such product is called Intuitions 20 Pay Whole Life.

The purpose of the Intuitions 20 Pay Whole Life program is to provide insurance protection with premiums that only last for twenty years.  By paying into this type of whole life insurance policy, it provides coverage that is paid up for life after 20 years of payments.  Even if health deteriorates and becomes a factor, …

Posted on: Thursday, May 3rd, 2012 by jcliff

Sales of life insurance policies are at an all time low, and recent research indicates that cost is a major factor keeping consumers away.  Many insurers are attempting to reverse this trend by developing affordable yet effective products so that more Americans have access to this crucial coverage.  Colonial Life and Accident Insurance Company is doing their part as they recently launched their new group term life policy, available to many individuals via their workplace.  A recent Market Watch press release, “Colonial Life Launches New Group Term Life Product,” detailed the new product.

The company is …

Posted on: Wednesday, April 25th, 2012 by jcliff

We wrote a previous blog entry about the troublesome amount of life insurance proceeds that go unclaimed each year, and most of this is on the shoulders of the insurance companies.  The consumer does have some power over this though.  We all know it’s important to advise your beneficiaries of what you have set up with their name as a funds recipient, but that doesn’t always happen.  If you are like some of the thousands of Americans who think they are owed some life insurance, but are not sure how to go about checking, there …

Posted on: Friday, April 20th, 2012 by jcliff

MetLife is most well known for their quality life insurance which offers a wide array of options for a variety of customer demographics.  But the company has a lot more to offer and some of their products may surprise you.

MetLife has a solid dental insurance plan, Metlife Dental, which provides a detailed website going over dental options and benefits.  You can even view and manage benefits online as well as locate participating dentists and download dental claims.  They offer advice on oral health, choosing a dentist and dental insurance products.

There is also an …

Posted on: Sunday, April 15th, 2012 by jcliff

If you are a veteran and looking for quality life insurance, you may have come across some road blocks.  If you have a pre-existing condition or are over the age of 50, you could be facing higher life insurance rates, and some veterans can’t find a quality policy at all depending on their situation.  Luckily, the Department of Veterans Affairs may be able to help qualified individuals find veterans life insurance.

According to the Department of Veterans Affairs website, life insurance policies are available to US veterans and can offer additional help finding supplemental coverage.  Public …

Posted on: Thursday, April 12th, 2012 by jcliff

There are certain situations in which some find themselves asking, “Do I really need life insurance right now?” Whether you’ve reached an age when it doesn’t make sense to continue paying into your policy any longer, or if you’re having a hard time keeping up with the payments and could really use that extra cash monthly, considering closing out your current life insurance policy is an option that many ponder.  I recently read an article in The Ledger, (a newspaper out of Lakeland, Florida) that addressed this very issue.  Author Jim Miller tackled this …

Posted on: Thursday, April 5th, 2012 by jcliff

As more and more insurers bow out of the long-term care industry and rumors of premium hikes come to fruition, many consumers are becoming skeptical of the products.  But the undeniable fact that most people need such coverage is keeping the ball rolling.  According to a Genworth survey completed last year, the average annual cost of a private nursing home room runs about $77,000.  And that rate increases approximately 5% a year.  Home health care can cost even more, leaving many Americans feeling vulnerable and wanting to secure funds for this stage of life.  Kiplinger …

Posted on: Tuesday, March 20th, 2012 by jcliff

If you were one of many people who bought a universal life insurance plan in the 1980’s or 90’s, you might want to revisit your policy.  According to the ABC affiliate out of Cedar Rapids, Iowa, KCRG, there is a very real possibility that your policy could lapse, leaving you and your loved ones empty handed.  The article, “Your Life Insurance Policy Could Expire Before You Do,” by George C. Ford, blames the bad stock market and extremely low interest rates for the collapse.  When policies were purchased in this time frame, the prime …

Posted on: Thursday, March 15th, 2012 by jcliff

When deciding to purchase a life insurance policy, many people consider the financial burden placed on their families in the event of something happening to them.  How could my family afford to pay all of our bills without my financial contribution? It’s probably the #1 reason why people buy life insurance, actually.  This simple truth suggests however, that if someone, perhaps a stay at home parent, was not contributing to the family monetarily, they wouldn’t need to be covered under a life insurance policy.  Makes sense, right? Not according to Frank N. Darras, and the …

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