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Some people think it doesn’t really matter where they buy their auto insurance, home insurance, business insurance, or life insurance. But this misconception could be costing them money, service and protection buying insurance isn’t like buying bread or milk. Insurance is an important safety net for your family, your home, your car or your business. Don’t treat the purchase lightly!
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Posted: October 19, 2021Life Insurance and Health Conditions: A Deal Breaker? Three Things to Keep in Mind If you’re interested in purchasing life insurance, you should consider the following: Never assume a health condition automatically disqualifies you from obtaining life insurance. Sure, maybe your health is less than perfect but you may be eligible for coverage, so always check with a licensed insurance agent to be sure. Always be honest about your medical history. Failing to...
Posted: October 13, 2021Can Life Insurance Cover Student Loan Debt? What Happens To Your Student Loans If You Pass Away? The short answer: It depends on the type of loans you have. Federal loans: Loans issued directly to a person through the U.S. Department of Education are discharged (“forgiven”) upon that person’s death, once the required documentation is submitted. Read more specifics about federal student loans at StudentAid.gov. Parent PLUS loans: As a type of...