Life Insurance Journal Archives | Life Insurance | EINSURANCE

2023 Insurance Industry Outlook

Thu, 26 Jan 2023 17:00:00 +0000

Key Takeaways: In 2023, insurance companies will need to find ways to demonstrate value in their products while combatting rising costs for car and home repairs. Car insurance rates may rise as much as 8.4% in 2023. Contributing factors include increasing prices for cars, homes, and the costs to repair them, changes in habits as […]

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Life Insurance Benefits and Tax Liabilities

Thu, 10 Nov 2022 17:00:00 +0000

There are different types of life insurance and different kinds of tax liabilities for the various payouts on benefits. Understanding your options will help you choose the right life insurance for your specific situation.

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What is Stranger Originated Life Insurance / STOLI?

Thu, 27 Oct 2022 16:00:04 +0000

Stranger originated life insurance (STOLI) policies aren’t legal in the US. While insurance laws vary from state to state, all states require the owner of a life insurance policy to have insurable interest in the insured individual. That sounds complicated, and like everything else related to insurance, it can be difficult to understand. This unbiased […]

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How Does Life Insurance Work During a Divorce?

Thu, 21 Jul 2022 16:00:28 +0000

But a life insurance policy can become a significant stopping point during a divorce settlement. Spouses find themselves fighting over these policies, and for good reasons. And a judge can order changes be made to ownership of life insurance policies. Today, we’ll explore everything you need to know about life insurance policies and divorces. Consider […]

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How to Buy Life Insurance Online: The Ultimate Unbiased Guide

Thu, 17 Feb 2022 17:00:40 +0000

Buying life insurance online feels utterly overwhelming. In early 2022, a quick Google search for “life insurance” brings back more than 1.2 billion results. Add those to TV commercials, spam emails, text messages and snail mail, and it’s easy to see why consumers experience choice overload when shopping for life insurance online. There are just […]

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Life Insurance Medical Exam Ultimate Guide

Thu, 03 Feb 2022 17:00:35 +0000

A Guide to Life Insurance Medical Exams When you purchase life insurance coverage, you will likely be asked to have a medical exam. The insurer will determine how much of a risk you are, first with an interview followed by a physical exam administered by a medical professional, typically a paramedical, such as a nurse. […]

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Key Man Life Insurance and Tax Deductions

Thu, 06 Jan 2022 17:00:00 +0000

Key man life insurance can keep your company in business if a valued employee dies or is disabled. Key person life insurance premiums may be tax deductible

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Fast Facts About Insurance Policy Backdating

Tue, 23 Nov 2021 17:00:00 +0000

Get fast facts about backdating insurance policies for life insurance, car insurance and health insurance

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Life Insurance Beneficiary Facts and Tips

Tue, 16 Nov 2021 17:00:24 +0000

Losing a family member is never easy. But if your spouse, parent, or other friend left you an inheritance via a life insurance policy, the extra funds can lessen the sting of loss. Welcome to A Life Insurance Beneficiary’s Ultimate Guide. This article will answer your most common questions about being a life insurance beneficiary, […]

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When is the Best Time to Buy Life Insurance?

Thu, 14 Oct 2021 16:00:33 +0000

We don’t want to sound like a sales rep here, but the truth is: any time can be the best time to buy life insurance! Perhaps the better question to ask is “Which type of life insurance do I need right now?” Life insurance can seem complicated, but EINSURANCE.com is here to help! We’ll attempt to answer this question for you […]

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Canceling Your Insurance? Use Our Checklist and Insurance Sample Cancellation Letter

Mon, 30 Aug 2021 16:00:00 +0000

The first step prior to writing the cancellation letter is to look to your policy to see if there are any provisions regarding cancellation and notification of your insurer. There may be instructions regarding how to cancel your policy – how many days not

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Life Insurance for Business Owners

Thu, 29 Jul 2021 16:00:51 +0000

Life insurance is an important part of retirement and financial planning for most people and families. It helps to ensure our loved ones will be taken care of, paying off mortgages to allow families to stay in their homes or paying for secondary education so children can go to college debt-free. Many people use life […]

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How Much Does a Million Dollar Life Insurance Policy Cost?

Thu, 01 Jul 2021 16:00:47 +0000

Life insurance is important coverage to have. It protects your family and is critical for your financial and retirement plan. Many factors affect life insurance pricing however, and you may be wondering how much you can expect to pay for your life insurance policy. As you can expect, the higher the benefit from your life […]

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Should You Take Out A Loan Against Life Insurance Policy?

Thu, 03 Jun 2021 16:00:32 +0000

Traditionally, people buy life insurance to provide money for their beneficiaries in the event of income loss after death. However, life insurance products have evolved and integrated a savings or investment component into the policy. As a result, certain types of life insurance allow you to take out a loan against the policy. While borrowing […]

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Group Term Life Insurance – What Is It?

Tue, 26 Jan 2021 17:00:44 +0000

If you’ve ever been offered a life insurance policy by your employer or by a professional association you have joined, the coverage is probably group term life insurance. The most common kind of group term life coverage is often offered as an employee benefit, and typically paid for by the employer. Group Term Life Insurance […]

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Does Life Insurance Pay for Suicidal Death?

Thu, 12 Nov 2020 06:00:50 +0000

If you were to be asked life insurance pays beneficiaries in the event of a suicidal death, what would your answer be? Many people believe that in the case of suicide, life insurance flat out won’t pay. This is a common misconception. The truth is, there are circumstances in which many insurance companies will pay […]

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Indexed Universal Life Insurance – A Complete Guide

Thu, 24 Sep 2020 16:00:11 +0000

Do You Need Indexed Universal Life Insurance? When considering permanent life insurance, you might come across something called indexed universal life insurance (IUL). Like traditional Universal life insurance (UL), IUL has a death benefit plus a cash value. Universal Life Insurance vs. Indexed Universal Life Insurance There are two types of universal life insurance: Universal […]

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How Do I File a Life Insurance Claim?

Tue, 16 Jun 2020 16:00:32 +0000

Why Do We Need Life Insurance Coverage? There are few things, if any, that can compare to the agony of losing a loved one. Such ordeals often leave the bereaved with emotional and psychological scars which can take years to recover from. The situation can become even worse if the deceased is a bread winner […]

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