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What is Mortgage Protection Insurance?

Mortgage Protection or Mortgage Life Insurance is a version of term life insurance; it is insurance that pays off your home loan if you pass away. This type of policy usually lasts for the same term of time as your loan. Purchasing a house is a sizable financial responsibility. Typically a mortgage loan is a…
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How does Term Life Insurance work?

Term life insurance works by providing coverage for a set “term” of time. The fundamental feature of this type of life insurance is the “term” or length of time the policy is in-force. Typical terms are 10, 20 or 30 years. As long as you pass away while the policy is in-force the death benefit would…
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How to buy Burial Insurance on Disability

Today there are multiple burial insurance carriers that will approve you even if you are on disability. We have literally helped hundreds of clients on disability secure affordable final expense life insurance. This post will guide you on how a disability could have an effect on your approval for insurance. We are also going to…
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Is it possible to get Burial Insurance as a Diabetic?

Yes, it is possible to get burial insurance if you have diabetes. Affordable burial insurance is available, especially if your diabetes is managed well. Even if that is not the case, there is still possible options to find the policy best suited for you. There are two types of diabetes; type 1 and type 2.…
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How much does Final Expense Insurance cost?

The average final expense insurance policy costs between $25-$75 a month. The rate depends on your sex, age, health, medical history, amount of coverage, and the life insurance company you choose. If you have significant health issues or are over the age of 70 your premium may be higher than average. We always recommend a…
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Can I Buy Life Insurance for my Parents?

You can absolutely secure a life policy for your parents. Doing so will offer substantial financial security for your family. Purchasing the best type of insurance depends on their current health, medical history, age and financial situation. Putting life insurance in place for your parents is a major step in preparation for their passing if…
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How does a Life Insurance Company make Money?

A Life Insurance Company produces income by collecting more cash than they pay out to customers. They also profit from customers who stop paying for their life insurance. This causes the policy to lapse, leaving the insurer with the money that has already been paid in to the policy. Let’s look at four areas where insurance companies make…
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How does Whole Life Insurance work?

Life insurance can be an unsettling topic. It’s a complex subject, with several options. On top of that, most folks feel uncomfortable planning for their death. Furthermore, most people recognize the value of life insurance but many are unsure about what kind of policy is best. Whole Life Insurance is one of the three main…
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Life Insurance Types Explained

For folks unfamiliar with life insurance, the material that involves purchasing a policy can be unsettling. You have to put an enormous amount of trust in your insurance broker/agent. And then hope they have your best interests up front and center. Unfortunately, if a broker/agent has bad intentions, most clients will not find out about…
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What about Cremation?

With the cost advantage over a standard funeral and burial, cremation has become increasingly popular over the last 10–15 years. Statistics from the Cremation Association of North America (CANA) show cremations in the US in 2015 was 48.6 percent. Projections for 2020 are expected to climb to 57.3 percent. Possible reasons for the increase in…
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