If you’ve never been involved with a funeral before, you might think that it’s cheap. Certainly, it can’t be that expensive, right? Wrong. Funerals regularly run in the range of a couple thousand dollars. In fact, the National Funeral Directors Association states the average funeral cost in the United States is between $8,000 and $10,000. […]
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.
People most commonly take out a life insurance policy to cover their own life. However, the policy benefits are actually covering their loved ones in the event they pass away. The proceeds would cover associated final expenses, such as funeral costs, a replacement of income, and more. But, what if you want to buy life insurance […]
The life insurance industry might be facing the biggest shake up it’s ever had. Hundreds of thousands of Americans are employed, directly or as independent contractors, throughout the life insurance industry, and as many as 75% of them may see their job disappear sooner than they think. How motivated are the biggest life insurance carriers? Eliminating […]
You want to provide for your family when you die. But, the life insurance company taking on the risk will need to charge you for your policy. Now they want you to pass an exam for life insurance! Should you? Did you know: The more a life insurance company knows about your health, the less […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]