A little more than a year ago, we compiled our list of the Top 10 Best Life Insurance Companies. Many things have changed in the industry since then. Rates have changed and new products have come to the market. Because of these changes, we decided to offer an updated list of the Top 10 Best Life Insurance Companies for 2017. Our list considers a number of different factors such as rates, underwriting strengths, product features, product offerings and financial strength. Keep in mind that each company has its own particular strengths, so our list below is in no particular order.
Buying life insurance to protect your loved ones is one of the most responsible things you can do. Unfortunately, shopping for life insurance can be a little intimidating for some. What kind of life insurance should you purchase? How much do you need? Which company should you use? These are some of the most common questions that people ask when shopping for coverage. We will list the top 15 most commonly asked questions about life insurance that we come across when speaking to customers. Hopefully, our list will help make the buying process for life insurance easier for you.
Life Insurance Options at Age 65 or Older
There are a number of scenarios that would require those who are 65 or older to need life insurance. Applying for life insurance at age 65 could be tricky if you have health issues or if you’re not sure what kind of product will be the best fit for your situation. Our goal us to show you several options so that you can make an educated decision when it comes time to purchase coverage. If you are 65 or older, you should know your options when it comes to life insurance. Here is what you need to know about your life insurance options at age 65 older.
8 Reasons Why Millennials Should Consider Life Insurance
If you’re a millennial, buying life insurance is probably one of the last things on your mind. Most millennials today are focused on their careers and financial independence first and settling down and starting a family later. But even though most millennials don’t have families to support, buying life insurance could make sense in many cases. Here are 8 Reasons Why Millennials Should Consider Life Insurance.
6 New Year’s Resolutions to Consider for Your Life Insurance Coverage
It’s the time of year when everyone makes their New Year’s resolutions. For many, resolutions usually include setting new financial goals. This could include saving more in your 401k, reducing your debts or making sure you and your loved ones are adequately protected with life insurance. If you are looking at your overall financial picture, it is important to think about adding life insurance to your strategy. If you already have life insurance, it makes sense to take another look at what you have. Here are 6 New Year’s resolutions to consider for your life insurance coverage.
20 Terms You Should Know When Shopping for Term Life Insurance
As you research your life insurance options, you might come across various life insurance terms that you haven’t heard before. Our goal is to educate consumers about life insurance so that they can make an informed decision when they are ready to purchase coverage. We decided to list 20 terms you should know when shopping for term life insurance so that you are better informed when researching your coverage options. Knowing these terms will make the process of purchasing life insurance a bit less intimidating.
Top 10 Best Life Insurance Companies
According to Archstoneinsurance.com
At ArchstoneInsurance.com, we have access to over 40 of the top life insurance companies in the industry. Although we consider all of these companies quality insurers, over time we have isolated our list of top 10 best life insurance companies. We considered a number of different factors such as cost, underwriting strengths, product features, product offerings and financial strength. Below is a list our list of top 10 best life insurance companies and the pros and cons to working with each. Keep in mind that each company has its own particular strengths, so our list below is in no particular order.
10 Important Questions to Ask Yourself Before Buying Life Insurance
Most people have no idea where to start when buying life insurance. Through our website and blog, we try to provide consumers with the information they need to make the process of buying life insurance easier. Sometimes the best way to figure out your goals for life insurance is to ask yourself these 10 important questions before you consider a policy. You can do this yourself or you can discuss them with an agent who can help you build a strategy that is right for you. Here are 10 important questions to ask yourself before buying life insurance.
Protective Life Insurance Company Review
Clients often want to know which life insurance company we think is the best. That is a difficult question to answer because there are so many variables that should be considered such as product offerings and features, financial ratings, cost of coverage and underwriting strengths. One company that is competitive in almost all of these areas is Protective Life Insurance Company. In this post we will provide a review of Protective Life and tell you why we think it is one of the best all-around life insurance companies out there.
State Farm Term Life Insurance Review
When you think of State Farm, you probably think of the catchy slogan “like a good neighbor, State Farm is there” or those funny commercials featuring Aaron Rodgers. The fact is that State Farm is one of the most respected names in the industry when it comes to most personal insurance coverage. But we wanted to compare how State Farm’s rates for term life insurance compare to other companies out there. If you are considering buying life insurance through your local State Farm agent, read this blog first. We are going to take a look at how State Farm’s term life insurance stacks up to the competition.
Common Reasons for Being Declined Life Insurance
Life insurance companies are very thorough in their approach to reviewing fully underwritten applicants. They look at many different factors from your health to your hobbies to determine your overall health class rating. If a life insurance company views you as too much of a risk to insure, it will will simply decline your application. It is important to know some of the more common reasons why a life insurance company might decline your application.
7 Common Life Insurance Myths Debunked
There are so many misconceptions out there surrounding the subject of life insurance that separating fact from myth can sometimes be difficult. It can get so confusing for some that they simply put off obtaining coverage. Since life insurance is essential part of any overall financial plan, we wanted to do our part to clear up any confusion that might be preventing those of you from getting coverage. So we decided to debunk 7 common myths when it comes to life insurance.
Startling Statistics About Life Insurance
LIMRA, a worldwide life insurance research group, issues its Facts of Life report each year which always reveals some very startling data about life insurance ownership in the US. The report shows that although many see the value in life insurance coverage, millions of households go uninsured or underinsured. Life insurance rates have never been more affordable. Life insurance can provide your loved ones with the needed funds to replace your income should you pass away. Here is a breakdown of some of the key facts from recent reports.
Don’t Think It Will Happen to you? Startling Statistics about Death
Most people don’t like to talk about death. In fact many people avoid buying life insurance because they don’t like to think about the possibility that they could die prematurely. They think “it won’t happen to me” or “I’m too young to die” so they forgo the needed protection of life insurance. The fact is many people in this country die at an earlier age than their average life expectancy. Here are some statistics that might surprise you.
Naming Beneficiaries on Your Life Insurance Policy
Naming beneficiaries on your life insurance policy is a very important part of the planning process. The last thing you want is for your death benefit to be paid to an unintended beneficiary or to leave someone out that you wanted to include. Taking the time to understand just a few important facts when it comes to naming beneficiaries can go a long way in proper planning. Here are a few important facts you should know when it comes to beneficiary designations.
5 Bad Excuses for Not Buying Life Insurance
There are many good reasons to buy life insurance, but for some reason millions in this country are either underinsured or not insured at all. If you have people who depend on you financially, chances are you need life insurance coverage. Many people who should have coverage put it off for one reason or another. Here are some bad excuses for not buying life insurance. Are you guilty of making any of these excuses?
Five Basic but Important Estate Planning Documents
Life insurance death benefits transfer by contract, meaning that a beneficiary is assigned to the policy when it goes into effect. This is also the case with retirement accounts, annuities and pensions. Assets that transfer by contract are somewhat easy to settle, simply requiring some basic documents in most cases. For assets in an estate that do not transfer by contract, additional planning must be done to ensure a smooth transition after death. There are also important documents that can provide protection while you are living in the event of incapacitation. Here is a list of 5 basic but important estate planning documents and the benefits they provide.
Affordable Life Insurance – 10 Small Tricks for Big Savings on Life Insurance
Saving thousands of dollars over the life of your policy is easier than you think. The right agent will know exactly how to save you money while still finding you a policy that best fits your needs. We have compiled a list of 10 little tricks that can be used to save money on your life insurance policy. These tips will allow you to make life insurance more affordable. Remember, most life insurance policies last a long time so any amount that you can save each year can add up to huge savings over the long haul.
Avoid These Life Insurance Agents
Finding the right life insurance agent is essential in ensuring that you get the product that best fits your needs. Every industry has its bad apples and the life insurance industry is no different. If you are trying to find the right agent, there are certain things that you can look out for that might raise a red flag. We have listed 10 things that you should look out for when working with an agent. If you are talking to an agent that is guilty of even a few of these things, it is probably best to avoid them or get a second opinion.
5 Mistakes to Avoid When Buying Life Insurance
Buying life insurance involves proper planning. A simple mistake when buying life insurance can be costly to say the least. In most cases, this can easily be avoided by simply working with an independent life insurance agent who can give you objective advice and shop around for the policy that best fits your needs. We have compiled a list of 5 mistakes that people make when it comes to life insurance.
5 Things to Do After You Buy a Life Insurance Policy
You’ve purchased life insurance coverage. Congratulations! Now hat do you do? In most cases, people buy a life insurance policy, put it in a drawer and forget about it. Life insurance is not “set it and forget it” Coverage. Your insurance needs, health and policy should be reviewed every few years. Many things can change in your lifetime such as your health, marriage status, beneficiary designations and the amount of insurance you need. A good agent will make sure that you are always getting the most out of your coverage. It is important to have an agent that will be around well after they’ve sold you a policy. Here are 5 things you should do after you buy a life insurance policy.
5 Life Events That Are Good Reasons to Buy Life Insurance
The question often asked is “when should I buy life insurance?”. Life insurance should be considered when you go through certain life events. If you have gone through any of these 5 life events, it probably makes sense to start looking at getting yourself life insurance coverage. Life insurance offers an inexpensive option to protect those that rely on your financial support. So what are 5 live events that should make you think about getting life insurance?
10 Things You Should Know Before Buying Life Insurance
Life insurance is the foundation of any solid financial plan. It can provide essential protection for your loved ones if you pass away unexpectedly. In most cases,life insurance provides a tax-free death benefit to beneficiaries. The good news is that life insurance rates have never been more affordable. If you are ready to buy life insurance, there are a few things you should know. We’ve compiled a list of 10 things that you should know before buying life insurance. Following these tips will help make the buying process easier for you.