Mike’s Life Insurance Advice

Provided that you don’t have a serious pre-existing medical condition it is possible for you to get a life insurance policy without ever having to see a doctor. But there are some pros and cons.

The primary reason people buy insurance is that it will take care of whatever big bills you’ve amassed, so they will not be a burden on your family should you perish. For example, if you’ve invested in a home and you pass away, ask yourself if your wife can take care of the mortgage and everything else on her salary alone. If she can’t, or if it would be a struggle, then insurance would be a good idea.

For many young people, just heading off to school or starting out on your own for the first time, finding insurance can be a hassle. How do you find the right policy? How can you make sure you aren’t being lied to? Sometimes it can be frustrating trying to get a new policy. For car [...]

When applying for Life Insurance, they will ask you a series of health-related questions to determine your lifestyle, your overall health, and your health in the future. If you live a have a healthy lifestyle, with minimal to no unhealthy habits, your premium will be less than someone who does maintain unhealthy habits.  For example, [...]

A big name in insurance, AIG, has been in a downward spiral and now is believed to be going bankrupt. If you have AIG insurance, it may be worth it to move your busines elsewhere because it is unsure whether or not this company will be bailed out, and what will happen to policy holders. [...]