Will an Irregular Heartbeat Prevent You From Getting Life Insurance?
Posted by Randy Jones Insurance Services
Having an irregular heartbeat or any other pre-existing health condition does not automatically make you ineligible for life insurance. You will more than likely qualify for a good policy if you are honest about your pre-existing health conditions and provide your medical records so that your agent has all of the information they…
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Converting Term Life to Whole Life: What You Need to Know?
Posted by Randy Jones Insurance Services
Term life insurance policies are a great option when you have set goals to meet, like paying for your final expenses or paying off any debts you may have. Things change, however, and life happens. As a result, your future financial needs may change over time. For example, if you purchase a home…
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At What Time Do You Need a Life Insurance Plan the Most?
Posted by Randy Jones Insurance Services
One type of insurance one shouldn’t do without is life insurance plan. While some take full advantage of it, others take it for granted. That’s probably because nobody expects death to hit them or anyone they love. However, this is all the more reason why you need life insurance plan the most. Death…
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What Will Happen if I Outlive My Life Insurance?
Posted by Randy Jones Insurance Services
Life insurance is a touchy subject for most people because nobody wants to dwell on the thought of dying and leaving their loved ones behind. Nevertheless, life insurance is a legal agreement between the policyholder and the insurer to pay a certain sum, i.e., the insurance benefits to beneficiaries named in the policy,…
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Getting a Health Insurance Coverage When Laid Off
Posted by Randy Jones Insurance Services
The pandemic affected businesses in numerous ways, and the resultant restructuring or folding up process left many unemployed. The importance of functional health coverage cannot be overemphasized now, especially with the increase in delta variant cases. There are some ways to keep you and your dependents covered depending on your income and your…
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Does Your Employer-Provided Life Insurance Offer Sufficient Coverage?
Posted by Randy Jones Insurance Services
The best job offerings come with numerous benefits. These benefits include insurance benefits, paid leaves, allowances, and many others overseen by the personnel department to motivate employees. However, if your employer provides group life insurance for staff members, it is rarely ever the case that this plan is sufficient by itself. When Can…
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What You Need to Know about the Average Life Insurance Payout
Posted by Randy Jones Insurance Services
Have you ever wondered? What is the average life insurance payout? How much will your loved ones likely be paid if they ever claim on your insurance life policy? The answer is around $600,000. This figure is the average purchased face amount of a term life insurance policy. Consequently, it is the average…
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What Is 30-year Term Life Insurance and How Does It Work?
Posted by Randy Jones Insurance Services
The 30-year term life insurance is an insurance policy that provides its users with life insurance coverage for 30 years. However, it requires you to pay your premiums periodically to make good use of its benefits. This insurance coverage spans 30 years. For this reason, most insurance companies do not issue the policy…
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Should You Enroll for Medicare If You Are 65 and Still Working?
Posted by Randy Jones Insurance Services
It seems wise for a 65 or older employee who is covered under group health insurance to sign up for Medicare, as it can help minimize out-of-pocket costs. However, Medicare is complicated, and there are many caveats and some surprise expenses that need to be avoided. Let’s understand the different scenarios when a…
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How Does Health Insurance Typically Work in the U.S.?
Posted by Randy Jones Insurance Services
The necessity of taking out health insurance cannot be overemphasized as healthcare costs continue to skyrocket. Each doctor’s office visit can cost up to several hundred dollars in the U.S. Additionally, a few days of hospital admission can incur a cost of tens of thousands of dollars. Health insurance coverage helps cover your…
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