Life insurance helps cover your loved ones financially if you were to die. The money from a life insurance death benefit (the policy payout) can be used in numerous ways that support the beneficiaries’ needs.
We write endlessly about the times in your life when you need life insurance, how to pick your beneficiaries, and even why buying life insurance online might be the best option for you.
But there’s usually a question that lingers with life insurance — and many other types of insurance — even long after you’ve purchased a policy.
People ask themselves: Is life insurance really worth it?
Simple. Transparent. Efficient.
Those words typically aren’t associated with the traditional way of purchasing life insurance.
And that’s exactly why we invented a new way.
That’s the one-word answer as to whether or not term life insurance expires.
As for the slightly-longer-but-significantly-more-comprehensive 221-word answer…
Life insurance is a valuable product for financially protecting your loved ones. But, the policy selection and buying process can be overly complicated.
It’s important to have options so you can get the right coverage for you and your family. However, there is such a thing as too many options, which can make the selection process overwhelming.
One of the most difficult life insurance options to understand? ‘No exam’ policies.
When shopping for life insurance, you will encounter two main types: term life insurance and permanent life insurance.