Best life insurance with living benefits

Term Life Insurance With Living Benefits (3 Best Companies)

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 →

fibromyalgia and life insurance

Buying Low Cost Life Insurance with Fibromyalgia (Complete Guide)

​​Fibromyalgia and life insurance are not mutually exclusive, regardless of what some people may lead you to believe. Whether your fibromyalgia is severe or mild, there are options for everyone. Surprisingly affordable choices at that.​Quick Summary: Fibromyalgia might affect your life insurance rates. It all depends on the severity, what medication you’re taking, and how.. Read More →

4 methods for reducing premium financing risk

How to Avoid Premium Financing Risk (The 4 Safest Methods)

​Premium financing presents some risk. It is vital that prospective buyers understand ​premium financing risk when funding a significant life insurance policy. ​Every financial strategy involves a potential downside. Savvy investors do everything they can to mitigate potential losses. While using premium financing to fund your insurance policy can reduce the amount of assets you.. Read More →

life insurance at age 57

Buying Low Price Life Insurance at Age 57 (Simple Ways to Cut Costs)

​When you’re looking at life insurance at age 57, you know that premiums aren’t going to be what they were in your 30’s. But there are several ways to make sure that you can find the best rates. The best part is that none of them involve much (if any) work. ​Quick Summary​Life insurance gets.. Read More →

tax advantages of premium financing for life insurance

How to Take Advantage of the Estate and Gift Tax Benefits of Premium Financing

​The estate and gift tax benefits of premium financing are the most attractive components of this life insurance strategy. There are several ​methods within premium financing you might employ to avoid these taxes. Which ones you pick will depend on your financial situation. ​These financial strategies will apply in different circumstances. Keep in mind that.. Read More →

HIV life insurance

How to Find Life Insurance Approval for HIV or AIDS

​Recent changes in the underwriting guidelines of some companies are making it possible to get traditional, fully underwritten life insurance with an HIV-positive diagnosis. ​Even if you have been declined before, ​you may now qualify for regular life insurance. The underwriting criteria in particular spells out what is permitted and what will be postponed or.. Read More →

best life insurance for 63 year old

How to Get the Best Life Insurance for a 63 Year Old (The Easy Way)

​Before you buy the first policy that comes along to get this over with, there are some things you should know about saving money on life insurance for a 63 year old. ​Quick Summary​Health conditions seem to magically crop up once people reach their 60s. Everything can matter, even something normal like high blood pressure… Read More →

ILIT for premium financing

Using an Irrevocable Life Insurance Trust for Premium Financing

​The first step in setting up life insurance with premium financing is creating an irrevocable life insurance trust. An irrevocable life insurance trust (ILIT) sets up tax benefits to protect large estates from exorbitant ​estate tax obligations. ​This type of trust requires several critical legal and financial decisions. To get everything right while avoiding pitfalls.. Read More →

how does waiver of premium work

Waiver of Premium Rider for Life Insurance (How it Works)

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 →

IUL for premium financing

4 Reasons IUL is Best for Premium Financing

​Indexed universal life insurance is, without debate, the best choice for life insurance premium financing. ​Each type of permanent life insurance ​has its pros and cons, but the other types of permanent life insurance have drawbacks that put you at higher potential risks with premium financing. ​On the other hand, an indexed universal life policy.. Read More →