What is the difference between whole life insurance and term life insurance?Whole life insurance provides lifetime coverage and builds cash value inside the policy from which you may be able to take out a loan at some point in the future.Term life insurance provides short term life insurance usually for 30 years or less. There is no investment or cash value inside the policy.Term life policies are usually offered for 10, 15, 20, or 30 years of coverage.Term life usually costs 2-3 times less t... Read Full Story

What is infant term life insurance and how can I buy life insurance for my infant?Infant term life insurance is a temporary life insurance policy for a specific number of years.If your infant passes away during the term of the policy the death benefit is paid out to the beneficiary. There may be some exclusions that apply to the policy.Life insurance for children can provide lifetime coverage, and guaranteed coverage as an adult depending on the type of child life insurance plan.In addition, ... Read Full Story

I only want to buy enough life insurance to pay for my burial. What kind should of life insurance should I buy?Well, if the goal is to cover your burial, and you know that eventually you're going to die, you may want to consider several things:1. How much will a $10,000 whole life insurance policy cost you, if you live for 20 more years?2. How long would it take you, paying yourself that premium amount, to have that much money some type of savings account, to pay for your burial expenses?3. H... Read Full Story

My husband and I have stopped smoking for almost 2 weeks now to prepare for our life insurance medical exam and nicotine test.We know that smokers pay a lot more for life insurance, so this has been a great way for us to quit smoking.When the life insurance examiner swabs our mouths will it still be detected? I cannot find how long nicotine stays in your system so I thought I would ask you all.The application will ask you if you have smoked in the last 12 months. If you lie on the application... Read Full Story

Where can I get infant term life insurance? Infant term life insurance provides life insurance for young children for a set number of years. Infant whole life insurance provides lifetime coverage which may build cash value inside the policy. Globe childrens life insurance offers life insurance for infants that can guarantee coverage as an adult. In fact, you may apply for infant life insurance online with no medical exam required. There's also a 30 day money-back guarantee. Learn more a... Read Full Story

What life insurance companies offer life insurance with no medical exams required?The answer depends on your life insurance needs.Many life insurance companies will not require you to take a medical exam if you are purchasing less than $100,000 of life insurance, or you are under a certain age.However, there are several life insurers that do offer no medical exam life insurance, including HSBC, Liberty Life Insurance, Garden State Life, Gerber Insurance, Mutual of Omaha, Stonebridge Life, and... Read Full Story

Where can you get insurance for funeral and burial costs.Today, you can find life insurance to provide for your funeral and burial costs from any one of several options - A local life insurance agent, direct from a life insurance company, or online from a life insurance quote provider.Estimated costs of a funeral and burial may range from $2,500 up to $7,500 or more.Burial insurance plans usually offer you up to $25,000 of life insurance to help pay for final expenses, such as, your funeral, ... Read Full Story

Yes, some insurers do offer Senior No Exam Life Insurance policies.If you are looking to purchase senior life insurance coverage without having to take any physical exams it may be possible.Your ability to get no exam life insurance will depend on several factors, including your age and health, the insurance company, and the amount of coverage you need.Some leading insurance carriers that may offer senior no exam life insurance include Globe Life, Stonebridge Life Insurance, and Mutual of Oma... Read Full Story

When it comes to life insurance there are two basic types – Term and Whole Life Insurance.Whole life insurance is more expensive because it provides lifetime coverage and builds cash value inside the policy.Term life insurance is more affordable because it is temporary life insurance protection for a limited time-frame from 1-30 years, and there is no cash value inside the policy.Included among the different types of term insurance are decreasing term, renewable term, and level term life insu... Read Full Story

Where can I find a list of the top 10 life insurance companies?Each year the Insurance Information Institute issues a report showing the largest life insurance companies in terms of individual life insurance policies issued for term life insurance, as well as the other types of life insurance plans available.The Insurance Information Institute is located at www.iii.org and you can research all of the helpful consumer reports on life insurance and all types of insurance coverage available on t... Read Full Story