Foresters Life Insurance Review for 2020: Best Plans and Policies

Foresters sells some unique life insurance products, but you might pay an arm and a leg for them. Foresters may be small, but it’s been around as long or longer than some of today’s life insurance giants. This mutual company was founded in 1874 by The Independent Order of Foresters, a fraternal society. Today, Foresters [...] Continue Reading

Insurable Interest in Life Insurance

Insurable interest is defined as having a reasonable expectation that you’d suffer a financial loss if the event you’re trying to insure against occurs. In terms of life insurance, it means that you would financially suffer if the person who's insured died. Insurable interest is a legal requirement of life insurance and determines who you [...] Continue Reading

What is Universal Life Insurance?

Universal life is a type of permanent life insurance that comes with an investment or savings component. Like whole life, universal life is designed to cover you for your entire life while growing your cash value. But universal life is typically much cheaper than whole life. Universal life is also a lot more flexible. Even [...] Continue Reading

MassMutual Life Insurance Review

This mutual company is large and super reliable but doesn't blow us away when it comes to customer service. 4.6/5 (Star Rating) Term Whole Universal Variable Get rates MassMutual Life Insurance Company, also known as Massachusetts Mutual Life Insurance Co., is a Fortune 500 company. With more than $179 billion in assets,1 it’s also one [...] Continue Reading

Life Insurance With Pre-Existing Conditions

If you have a preexisting medical condition, you may have trouble finding the life insurance coverage you’re looking for. Insurers may decline you or charge you a higher premium than your peers. You may also see limited policy options and have to go through a waiting period before coverage kicks in. Even the best life [...] Continue Reading

Ethos Life Insurance Review

Fast, straightforward term life coverage most people can apply for entirely online. 4/5 (Star Rating) Products Term Get a Quote Ethos is a start-up life insurance company backed by several industry giants, including Assurity and Banner (Legal and General) along with RGAX, Munich Re, and Aon. Ethos has a fully online application that doesn’t require [...] Continue Reading

The Best Life Insurance for Seniors

If you’re looking for the best life insurance for seniors while approaching or enjoying retirement, you’re in the right place. Many seniors think they’re uninsurable after their 65th birthday, but that’s far from the truth. While you have fewer or more expensive options than your children or grandchildren, plenty of excellent life insurance companies offer [...] Continue Reading

How Life Insurance Payouts Work

Life insurance payouts (also known as death benefits) are funds paid to your loved ones if you die while your life insurance policy is in force. Your beneficiaries must file a claim and provide a death certificate to the insurer, who will then review the information and issue benefits if everything is in order. While [...] Continue Reading

What Is Life Insurance and How Does It Work?

At its core, investing in life insurance is an act of love. Doing so helps ensure your death doesn't bring a financial loss on top of the emotional loss. People who buy life insurance want to take care of their loved ones even in the worst-case scenario. When you’re ready to shop for life insurance, [...] Continue Reading

Life Insurance Rates by Age

Lots of people put off getting life insurance due to cost but protecting your assets doesn’t have to turn your pockets out. Two-thirds of Americans overestimate life insurance rates by hundreds of dollars or more. Since nearly as many (64%) cite finances as the reason they don’t have coverage,1 we think it’s time to bust [...] Continue Reading