Life Insurance Blog

Life insurance can be bought in one-year terms as well as for longer periods. This life insurance tends to charge lower premiums than longer-term life insurance, although this doesn’t mean it’s a better value. (more…)...

Many employers offer life insurance to their employees, either as part of the benefit package or at a far cheaper rate than similar policies purchased directly from a life insurance company. There are a number of reasons insurance offered by an employer is so much cheaper. (more…)...

A beneficiary for a life insurance policy is the person, or people, who will benefit if that policy is activated. The most common beneficiary for a life insurance policy is a spouse. This is because many life insurance policies are purchased to provide for a non-working spouse and school-age children, and the parent covered by the policy is the most financially-responsible family member. (more&h...

There are two types of life insurance a company can purchase to cover an employee. The first is standard cover on an annual basis, which is often provided as a perk for employees. The other is key man insurance, which is taken out by companies to insure an important employee’s role within the company. (more…)...

Level-term life insurance is intended to level the cost of life insurance premiums across the term of the policy. But this feature will have the strange effect of the life insurance costing more over the long term than it costs in the short term. (more…)...