Life
Life insurance is not about dying, it's about living and protecting those you love
Life insurance is a financial product that provides a lump-sum payment, known as a death benefit, to designated beneficiaries upon the policyholder's death. The primary purpose of life insurance is to offer financial protection to the insured’s family or dependents, helping them cover living expenses, debts, funeral costs, or future financial needs. There are different types of life insurance, such as term life, which provides coverage for a specified period, and whole life or universal life, which offer lifetime coverage with potential savings or investment components. Premiums vary based on factors like age, health, and coverage amount.
Related Blog Posts:
What’s the Process & Timeline of Getting a Life Insurance Policy?
Getting a life insurance policy process and timeline.
What’s the Difference Between Guaranteed Life Insurance & Preferred Life Insurance?
Life insurance - 2 common types. The pros and cons of Guaranteed Life Insurance & Preferred Life Insurance?
Do I Need Prior Authorization? – A Step-by-Step Guide
Dealing with prior authorizations can feel overwhelming. Here's a handy step-by-step guide for getting prior authorization with your health insurance.