The life insurance coverage gap among Generation X households rose by 24% over a five-year period ending in 2013. The life insurance coverage gap is the amount by which a breadwinner is underinsured for life insurance. This is according to a pair of surveys conducted by Futures Group and published …
life insurance
Life Insurance Contestability Period – 7 Things You Need To Know About
The constestability period of a life insurance policy is a short window in which the insurance company can investigate and deny claims. For most states the period is two years while it's one year in others. The period begins on the policy effective date. If you die withing the contestability …
Buying Life Insurance? Here Are The Top Four Questions To Ask
If you are considering buying a life insurance policy make sure you know what you want your policy to do for your loved ones. The top reasons for buying life insurance are "replacing lost wages" and "covering burial expenses". Other reasons are to transfer wealth, pay estate taxes and supplement …