The central part of term life insurance is the death benefit. It’s what most people think of; the cash your beneficiaries receive when you pass away. Term costs significantly less than permanent life insurance in part because it is so simple. But there is another type of term life insurance that includes extra features known as.. Read More →
Waiver of premium allows you to skip your life insurance payments if you become disabled and cannot work. It’s an extra layer of protection for folks who may not have enough emergency funds set aside to cover a year or two of life insurance payments. It’s a small additional premium for extra peace of mind.. Read More →
Some life insurance contracts allow the dispensation of benefits before someone dies. That is an accelerated death benefit (ADB) rider. You will also see people refer to it as living benefits. You can use these terms interchangeably. This is different from the cash accumulation value that builds up in permanent life insurance. You can borrow from.. Read More →
You have several options when your life insurance child rider expires. Yet it boils down to one initial decision. Convert the policy to permanent life insurance or not. We will explain both the pros and cons of converting to a permanent life insurance policy. Additionally, we will cover when a child rider might expire and.. Read More →
It is an unfortunate fact that many life insurers will decline special needs children because of their health condition. Which means getting a term life insurance child rider for special needs kids can be extremely difficult. We have only found one company that will cover any child, no questions asked. Medical experts estimate that between.. Read More →
So you’re considering child’s life insurance. Or at least want to know more about it. Start here for an overview. In this article we look at the 5 strongest child’s life insurance riders on term policies. You will find details on which companies have the best riders to protect every life in your family. Because.. Read More →
Choosing a life insurance policy that’s right for your family is a difficult enough task, but will the policy you choose provide sufficient protection? What happens if you become ill, have an accident and can no longer afford to pay the life insurance premium? The good news is that for just a few dollars more.. Read More →
There are many advantages in opting to include a Child Term Rider when buying term life insurance. Why is a Child Term Rider an advantage? There are no certainties in life and as both health issues and accidents can happen to anyone, including your children, you can ensure they are covered by life insurance. What.. Read More →
