This is a complicated question, and can range from nothing to millions depending on multiple factors including current expenses the...

A multitude of factors, so let's start at the beginning. There are three main deciding factors that dictate how much a life insurance...

It's entirely up to the policy owner. During the application process, the policy owner is asked whether they would prefer to have their...

Technically, the answer is 100. When a life insurance policy is written, the option exists for the producer (or agent) to have multiple...

There are four parties involved in any life insurance policy and they can all be separate: the insurance carrier, the policy owner, the insured, and the beneficiary. It is not mandatory for the beneficiary (the person receiving the death benefit after the passing of the insured) to also be the insured in the policy. For example, a married man with children that has a life insurance policy written on his wife, making their child the beneficiary. The question is- what happens i

The Truth The odds are higher than you think that it is not. Employers typically gather life insurance for their employees in groups, called Group Life Policies. These policies are almost always term , for multiple reasons: First, a whole life policy is present for a client's entire life , and has premiums that would still have to be covered regardless of your employment at that company or not. If you were to quit, get fired or retire, there would have to be a conversation t