Auto and home insurance companies have long used people’s credit scores and financial histories to aid in determining their risk. In many cases, a person’s financial history correlates to how likely he or she is to file a claim. Can Companies Use Your Credit Score And Financial History To Raise Rates? But the use of.. Read More
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.
Life insurance is one of those things not many people care to talk about, but everyone needs to understand, at least fundamentally. Until recently, most people realized they needed life insurance at some point, but didn’t know when or where to start. In recent years, however, there has been a significant decline in the number.. Read More
Nicotine. Is it in your system? Why does it matter? Let’s compare your bodily system to a car for a moment. Picture a dashboard. Say your system has a dashboard with a set of gauges, just like a car does. Instead of measuring fuel, oil, engine health and tire pressure like you would see in a.. Read More
With life insurance, when the insured dies, the beneficiary receives one large payout check equal to the death benefit of the policy. But does it always have to be that way? Nope. A one-time lump sum payment is the most common, but there are quite a few different settlements options that dictate how the beneficiary receives.. Read More
Perhaps the number one reason people buy life insurance is to protect their family. Life insurance coverage provides your close family members with a financial safety net in the event you were to die unexpectedly. It enables them to continue living as if you were still around, at least financially, without worrying where the money.. Read More
Your life insurance policy is almost always not for you. It’s for those you care about most. When you designate your loved ones as either a primary or contingent beneficiary, your life insurance financially safeguards them regardless of what life brings. You will want to thoughtfully list your life insurance beneficiaries – the particulars matter… Read More