Underwriting, premiums, contestability period—terms like these can make insurance words seem like a foreign language.
Fortunately, a good insurance professional can help you make sense of it all. So can the definitions below. We explained them in recognition of Financial Literacy Month. Read on to understand some commonly misunderstood insurance words. More>>
A basic life insurance policy offers financial protection for your loved ones after you pass away. It can keep them from being burdened by your debt or the costs of your funeral. But sometimes you need more than just a basic policy.
If that’s the case, you can purchase a life insurance rider to add extra benefits to your life insurance policy. In this article, we’ll explain what a life insurance rider is, what types of riders you can get and whether or not they’re worth the extra cost. More>>
Accelerated term life insurance, which is often a free addition to your term-life policy, can save you from unexpected medical bills if you’re diagnosed with a terminal illness or need nursing home care. Here’s why you should consider it. More>>