Life Insurance Archives - ConsumerCoverage

1. September 15, 2023
2. by Claire Smith
Term vs Whole Life Insurance

The Difference Between Term and Whole Life Insurance & How to Choose Look at you: you’re already thinking about life insurance. That means you’re a step ahead of most folks, and we salute you! But before you get too overwhelmed with your options and forget about life insurance, we want to help. We’re going to… Continue reading Term vs Whole Life Insurance

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1. September 11, 2023
2. by Hollay Ghadery
Life Insurance for People Over 50

Life Insurance for Over 50 Whether you’re looking into life insurance for parents over 50, life insurance for couples over 50, or life insurance for people over 50 for yourself, there’s a lot about getting insured at this age that makes it different from getting covered when you’re older or younger. And what you don’t… Continue reading Life Insurance for People Over 50

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1. August 9, 2023
2. by Lauren Lewthwaite
Life Insurance Retirement Plans

Understanding Life Insurance Retirement Plans, Made Easy A life insurance retirement plan (LIRP) can help you retire more comfortably, but they’re not for everyone. Life insurance retirement plans are an easy way to pad your retirement savings plans that can effectively help many people plan for a more comfortable life after the grind. LIRPs are… Continue reading Life Insurance Retirement Plans

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1. August 3, 2023
2. by Lauren Lewthwaite
Can You Take a Life Insurance Policy Out on Anyone?

How to Buy Life Insurance on Someone Else Taking out life insurance on someone else might feel a little icky. In fact, in the old days, you could take out life insurance on anyone you wanted, from your neighbor to your boss. Obviously, this creates some ethical considerations, which is why the rules have changed.… Continue reading Can You Take a Life Insurance Policy Out on Anyone?

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1. July 7, 2023
2. by Lauren Lewthwaite
Does Life Insurance Cover Suicide?

Life Insurance for Suicide Suicide. It’s an emotionally-loaded word. Life insurance and suicide have one thing in common: no one wants to think about it if they don’t have to. However, every American should have life insurance to help protect their beneficiaries from being burdened with final expenses or money struggles while dealing with their… Continue reading Does Life Insurance Cover Suicide?

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1. June 8, 2023
2. by Lauren Lewthwaite
A Comprehensive Guide on Average Cost of Funeral Expenses

How Much Does a Funeral Cost ? No one likes thinking about death, and insurance is a close second. But thinking about what your death might mean for your loved ones financially can help you see the importance of tackling life insurance now. Of course, in an ideal world you will live a long, happy,… Continue reading A Comprehensive Guide on Average Cost of Funeral Expenses

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1. June 8, 2023
2. by Jessica Fox
Section 7702 Life Insurance Plans Explained

What is a 7702 Plan? Don’t let the seemingly random sequence of numbers confuse you. When you hear someone use the phrase, “section 7702 plans,” they are simply referring to a specific type of life insurance policy. In particular, they are referring to life insurance plans that have a cash value component to them. Section… Continue reading Section 7702 Life Insurance Plans Explained

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