A critical illness rider, a sub-set of an accelerated death benefit rider, is one of many add-on riders a policyholder can opt to include in a base life insurance policy. It, like other riders, extends the benefits to add flexibility for creating a customized insurance product. A standard life insurance policy pays to the beneficiaries […]
The BestLifeRates.org Life Insurance Blog
On occasion, we publish interesting information or topics related to life insurance which aren't covered elsewhere on the site.
Whether it's insurance data and analysis, resources to help you navigate the buying process, or other useful tidbits of information, we put them into easily readable articles for your learning and leisure.
If you already know you need coverage and are seeking more specific information, check out our guides on the many types of coverage and their riders, different health risks, the companies you have to choose from, charts with average rates you might expect, our guide for seniors, or the general FAQ.
Is Accidental Death Rider Right For You?
According to the Centers for Disease Control, accidents are the fourth leading cause of death in the United States, taking over 135,000 lives each year. Many riders cover other major causes including the critical illness riders. These add-on provisions increase the scope of a standard life insurance policy so the insured can customize it to […]
What Are Life Insurance Riders, And What Do They Do?
Life insurance provides the foundation of coverage which can guarantee a source of funds upon the death of the insured. While it is a wise purchase, the policy on its own may not be adequate to serve all needs. This is where life insurance riders come into play. These extra provisions allow policyholders to customize their […]
2017 Life Insurance Statistics And Facts
Towards the start of each year, the life insurance industry polls consumers and produces a wide range of life insurance statistics and facts about how well the average American is prepared for the possibility of an untimely death. This year, consumers indicate they would rather be doing pretty much anything other than going through the […]
Veterans Group Life Insurance (VGLI)
Life in the military is all about the unexpected. You, and your family, never know what each day may bring. As many service members and their families quickly become aware of, there is often very little you can plan on in the military. There is at least one important exception, however. Service members can plan […]
Servicemembers Group Life Insurance (SGLI)
Many people obtain life insurance through their employer. But what happens if your employer is the military? The good news is you have benefits from them, too. Servicemembers group life insurance, or SGLI benefits, are life insurance policies made available to basically all members of the U.S. military. You’ve probably been introduced to your SGLI benefits […]
2016 Life Insurance Statistics And Facts
The most current Life Insurance Statistics and Facts are now live for this year. Click here to view it. Every year, new life insurance statistics get published as the life insurance industry evaluates how it is evolving into the future. This is especially important in determining how its effectiveness has changed, both with individual consumers and companies […]
Everything You Need To Know About Life Insurance For SBA Loans
Need life insurance to meet SBA loan requirements? Not a problem. On a tight deadline and need it fast? We can get you covered in 24-48 hours. We’ll help you get insured, make sure the loan guidelines are satisfied, and help you with your collateral assignment, even if you have already been turned down by another insurance company. […]
2015 Life Insurance Statistics And Facts
The most current Life Insurance Statistics and Facts are now live for this year. Click here to view it. Here is last year’s. Each year, the life insurance industry publishes life insurance statistics to get a snapshot of how the industry is moving, changing, and progressing. Each year presents itself with new problems to overcome, whether it be […]
The Dreaded Life Insurance Blood Test (And How To Skip It!)
So, you’re looking to buy a policy, but the company you applied for requires a life insurance blood test… But, is it really something you need to go through with? DID YOU KNOW?: You can skip the blood test! Click here to skip the medical exam and get the coverage you need much, much faster! […]