Every policyholder should be thoroughly familiar with what is life insurance contestability period is, which is a crucial provision of a life insurance policy. It lasts for two years and begins on the date the policy was issued. Despite the fact that purchasers frequently overlook the contestability period when they sign the policy documents, it…
Many people feel that they can’t have any life insurance policy due to a pre-existing health condition. But this is not entirely true. Sure, the options would be fewer, but they still have a chance to opt for life insurance policies designed for people with serious or pre-existing conditions. Gary P. Cubeta from Insurance for…
Otherwise known as whole of life assurance, whole life insurance is a policy that will withstand and remain for the insurer’s entire lifespan. This applies as long as the required premiums are paid and the contract terms between the insurer and the insured are met. Because this policy is a long-standing agreement, the premiums are…
Having a secure life insurance policy in place is exceptionally important for you and your family’s futures. It assures that your loved ones’ needs are covered when you’re, to put it nicely, no longer in the picture. Furthermore, it does this without detracting too far from other, large life-saving goals such as college tuition or…
