The time to buy life insurance is when you’re healthy, not when you have a condition that may shorten your lifespan. While some people think purchasing a policy on their children may not make sense, it may be a valuable strategy to securing a policy when the child is healthy. For example, a child who becomes a diabetic may become uninsurable. If they’ve purchased a policy prior to the diagnosis, they can carry the policy the rest of their life.

May 14, 2018

What is permanent insurance?

Unlike term insurance, which is designed for a specific period of time, permanent insurance should last until a person dies, no matter what the age. Premiums […]
May 14, 2018

What is term insurance?

Term insurance is a life insurance product that provides coverage in 5, 10, 15, 20, 25, or 30 year increments. Once approved, the rate is guaranteed […]