How long to maintain a life insurance policy depends on personal circumstances. As each individual's financial situation varies, you should assess relevant factors such as debt balances and when the debts will be paid off, the age and support needs of minor children and other dependents, and plans f

Women who are working and are pregnant have health insurance that is provided by their employer. If a woman is pregnant and does not have health insurance through her employer, she can get medical assistance through the government and discount programs. There is also a federal law called HIPAA that

New York State regulates insurance companies offering policies that pay a beneficiary upon the death of the insured individual. These types of policies are governed by Article 32 of the Consolidated Laws of New York. This article deals with contracts for insurance, including life...

Insurance contracts can be canceled for many reasons, either by you or your insurance company. State laws govern when and why an insurance company can cancel a contract but you as the policyholder have the right to cancel your policy at any time for any reason. You should be familiar with the three

No one looks forward to the proceeds of a life insurance policy but it does help the family to survive.thai funeral image by Adrian Hillman from Fotolia.comLife insurance is a valuable asset whether you use it in a business or for your family. Not all life insurance policies have the same...

Nearly every major life insurance carrier offers a children's plan to accompany a parent's purchase of permanent coverage. Available in a variety of basic options, the children's plan typically provides a simple benefit to cover final expenses.

The Federal Housing Administration (FHA) encourages mortgage lenders to approve loans for buyers by promising to pay FHA-insured mortgages in full if buyers default on the loans. Collecting the FHA mortgage insurance premium (MIP) on every loan allows the FHA to make good on those promises.

A cash value life insurance policy, also known as permanent life insurance, is a type of life insurance policy that features a level premium payment and the ability to accumulate cash value. A level premium payment means that the monthly payment for insurance premium remains the same throughout the

If you've ever driven a vehicle that does not belong to you, you may have wondered what would happen if you are involved in an accident. A common question is whether your insurance or that of the vehicle's owner will provide coverage. Depending on the circumstances, coverage could come from one or b

Life Insurance policies come in all shapes and sizes. Whole Life. Term Life. Universal Life. Variable Life. And More! If your goal is obtaining the maximum amount of life insurance for the lowest possible premium...then ...

A lot of people feel a huge grudge towards their insurance premium each month because they have to pay money to a company each month, without getting to see any of the benefits that are ...

Emergencies are always a part of human life. No one can predict when an emergency can occur. Mostly financial emergencies occur when you least expect it. Once you find yourself in a financial emergency you ...

A term life insurance policy provides financial benefits to your beneficiaries if you die within the policy's specified period. This helps replace lost family income, for example. When its term ends, you can renew your temporary life insurance policy, but you'll see a marked increase in premiums. Te

No matter what type of insurance coverage you are looking to purchase, you have to spend time not only investigating the insurance policy, but also the insurance company that you choose to issue the policy. After satisfying the mandatory rules and regulations as set forth by the Insurance Department

Put simply, the most affordable life insurance is the type that best meets your needs and fits your budget. First, specify why you are buying a life insurance policy. Is it to provide income replacement ...

You have a 3-in-10 chance of becoming disabled during your working years, according to the Social Security Administration. With the average long-term disability lasting 2.5 years, having disability protection can be your only source of income for an extended period of time. Several disability income

Life insurance is an important form of financial protection for your families and loved ones - so important that even anti-insurance financial gurus like Dave Ramsey recommend carrying a policy. Even though it's clear that most people with dependents should have life insurance, the variety of polici

It is not an uncommon event that when a relative dies, the family is unable to locate information about a life insurance policy that they know the deceased had. When this happens, the life insurance proceeds remain unclaimed because it is the responsibility of the beneficiary to provide proof of the

Life insurance protects your family after your death.Family portrait of young family on picnic image by YURY MARYUNIN from Fotolia.comLife insurance is a financial product that protects your family from financial ruin. Without it, your family would need to pay for your financial...