This is a real life example of a case we worked at MEG Financial and illustrates the devastating effects of not reviewing your life insurance policy and especially ANY universal life policy. The names have been changed to protect privacy. … Continue reading →
A traditional universal life insurance policy is designed to combine the best benefits of whole life and term life insurance. On other words, level premiums that are affordable and flexible with the opportunity to build cash value. Older policies, that … Continue reading →
As prices for term life insurance continue to come down, some life insurance companies, in my professional opinion, have taken a short cut to compete. They are offering term life insurance policies within a universal life “framework” that allows them … Continue reading →
Need life insurance but don’t want to go through the hassles of doing an insurance exam? There are definitely options available for you get a reasonably competitive life insurance policy without completing a long application, having to meet a nurse … Continue reading →
On November 9, 2011, HSBC, the parent company of Household Life Insurance Company and First Central National Life Insurance Company of New York, announced their intentions to stop accepting new applications for term life insurance effective January 8. 2012. Their … Continue reading →
Just because you have a health condition or some type of medical problem doesn’t mean that you are going to be declined for life insurance. Sure, you will likely pay more than someone who is in excellent health but the … Continue reading →
Let’s face it, in these tough economic times, everyone wants to save money. That is certainly true when it comes to buying life insurance and especially term life insurance. In fact, millions of people shop the internet every year visiting … Continue reading →
Prostate cancer is more common today than ever affecting tens of thousands annually. Because the condition is so frequent, we are seeing continuous medical improvements, and as a result, an increasing percentage of successfully treated prostate cancer. As a result, … Continue reading →
All life insurance policies have three primary parties that are required as part of the application process: the insured, the policy owner and the beneficiary(s). Each of these are defined below with examples of the common designations. The Insured In … Continue reading →
Prostate cancer is becoming more and more prominent today affecting 1 in 6 men nationally. The great news is that it is highly treatable if detected early and many affected will go on to live normal life expectancies. For this … Continue reading →
