Understanding Annuities in Life Insurance Contracts Annuities are financial products that can provide a steady income stream, typically used for retirement planning. In the context of life insurance, an annuity can be an integral part of managing long-term financial security. Here’s what you need to know about how annuities function within life insurance contracts. What… Read more »
Posts Categorized: Life insurance
Navigating the Haze: Life Insurance for Marijuana Smokers vs. Non-Smokers
With the legalization and decriminalization of marijuana over the years, a huge societal attitude and those within the insurance industry have indeed changed. One of the key differences, however, is how life insurance companies view marijuana users compared to non-users. These, therefore, are important differences for actual and prospective policyholders who are currently engaging in… Read more »
Life insurance Term vs. Permanent
The understanding of the difference between term and permanent life insurance can set you in place to know your financial goals and needs before making any choice. Both are reviewed below. Term Life Insurance – Definition: Term life insurance pays a death benefit only if you die during the time, or term, of the policy,… Read more »
Marijuana Smokers Are Being Approved for Life Insurance
I had written an article a while back about Marijuana smokers life insurance and the issue is becoming more and more popular. Several years ago pot smokers couldn’t secure life insurance because they were considered a major risk. It use to be that insurance companies were conservative, today however more and more life insurance companies… Read more »