Category Archives: Life Insurance Basics

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

Fabric Life Insurance Review

Fabric is an online one-stop-shop for busy people who want term life insurance and accidental death insurance or want to create a will in minutes. 4.8/5 (Star Rating) Products Term No exam (possibly) Free will creation Get a Quote Fabric is a new life insurance agency that’s part of a growing trend: online companies that [...] 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

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

Life Insurance 101: Top answers for frequently asked questions

Life Insurance Frequently Asked Questions Don't see an answer to your specific life insurance 101 question? You can browse our articles by category. View our Life Insurance Categories Life Insurance Reviews High Risk Life Insurance Life Insurance 101 What is term life insurance? Term life insurance is temporary coverage that lasts for the specific period [...] Continue Reading

How Much Does a Funeral Cost in 2020?

The following article helps break down the many expenses associated with a funeral or burial, as well as provide some recommendations on how to prepare for the financial costs that come when saying goodbye to a loved one. One of the main points we will address is that a great way to provide your family [...] 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

What is Whole Life Insurance?

Whole life insurance is a life insurance policy that covers an insured individual when they die—whether at age 18 or 98. Whole life insurance typically comes with two components: a life insurance component and an investment component that gains value over time (called a cash value). We’ll get into more detail on that later. What’s [...] Continue Reading