Life insurance is meant to ensure that bereaved people have the proper support following a loved one’s death. Unfortunately, like many other types of insurance, life insurance may attract fraudulent scammers who want to get a payout without following all the terms of a life insurance policy. An investigation into a doubtful life insurance claim may reveal one of these… Read more →
Tag: Death
Should You Buy Life Insurance for Your Kids?
Parents often wonder about the best ways to save towards their child’s future. There are several options: savings accounts, mutual funds, bonds, and life insurance. While life insurance can be used in the event of a child’s death, it can also be used as a building block towards college tuition and other expenses once a child reaches adulthood. Different… Read more →
The Pros and Cons of Permanent Life Insurance
Permanent life insurance provides protection throughout a person’s lifetime, provided that premiums are paid. It also builds cash value, which can be borrowed against or used to make premium payments. Term life, on the other hand, provides protection for a certain number of years and builds no cash value. Insurance experts recommend most people carry permanent life insurance and add… Read more →
GWG Wants to Predict Your Death
If you ask most people, they probably do not want to know when their life is going to end. One insurance company really wants to know the answer to that question, and is actively trying to find out. It was recently announced that GWG Life, a company that buys unwanted life insurance policies, will begin to use epigenetics to attempt… Read more →
The Importance of Setting Up A Will
Many people put off, or completely neglect setting up a will, as it puts the thought of death at the forefront of the mind. Those people, are probably unaware of how vital the creation of a will becomes, in the unlikely event of their passing. A will has the ability to legally protect spouses, children, estates, and assets. Not only… Read more →