Life Insurance premiums are calculated after looking at an individual’s health risk factors, such as tobacco use, cholesterol level, obesity, diabetes and family history. Modifying controllable health and lifestyle factors will reduce your life insurance premium, in addition to making you healthier!
When applying for life insurance, you will be asked to provide information about your medical history and take a physical examination. If you are not completely...
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Spending time outdoors is a wonderful way to bond with family and friends, and enjoy nature. Before you head out into the great outdoors, you need to be aware of a danger lurking not so deep in the woods—Lyme disease. This bacterial infection is contracted after coming in contact with a deer tick that has feasted off another infected animal.
There are three main stages of Lyme disease:
The cost of life insurance relies on a number of factors, but none carry a greater weight than, well – your weight. Because underwriters see overweight or obese applicants as high-risk, many will deny requests for coverage or simply charge life insurance rates that are extremely high. Read on to learn more about why size matters.
Most insurance companies will judge how much body fat you’re carrying by calculating your body mass index (BMI).
Like many industries, the world of insurance has its own unique set of vocabulary to describe its products. To help you understand the information included in a life insurance policy, we’ve gathered some basic terms.
A Helpful Glossary of Common Policy Types and Terms
Beneficiary: The person or party named by the owner of a life insurance policy to receive the policy benefit.
Cash value: The...
READ MOREIf others depend on you for financial support, part of your financial plan should include how you will provide for them in the event of your death. To help you decide which option is the best for you, we’ve covered the basics.
If you are married, it’s important for both spouses to have a life insurance policy. If both people bring in an income, a death can be a difficult financial loss. Also, if a stay-at-home parent should pass away, expenses...
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