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…
Read More
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,…
Read More
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…
Read More
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…
Read More
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…
Read More
6 Common Life Insurance Myths and the Truth Behind Them
Posted by Randy Jones Insurance Services
There are several common myths about life insurance, which can cause lots of confusion. This article discusses 6 of these myths while providing accurate information regarding each one. 1.Life Insurance Is Costly A study conducted in 2017 by LIMRA found that most people assumed life insurance policies cost more than three times the…
Read More
What You Need to Know About Life Insurance for Cancer Patients
Posted by Randy Jones Insurance Services
Getting the right kind of life insurance policy best suited for you is hard enough without the complication of a cancer diagnosis. Qualifying for a traditional term or whole life insurance policy after a cancer diagnosis depends on if the patient is a cancer survivor in remission who has been out of treatment…
Read More
Why Term Life Insurance Plans are Important for Women
Posted by Randy Jones Insurance Services
A term life insurance policy is a type of life insurance that offers coverage for a specific period of time or number of years. If the policyholder dies while the policy is active, the insurer will pay out a death benefit. If the term expires and the policyholder dies after the expiry of…
Read More
A Quick Guide to Life Insurance for Business Owners
Posted by Randy Jones Insurance Services
Life insurance for business owners is far more complex than for others. It provides financial support to those left behind after you’re gone and extends to cover people beyond your family. As a business owner, you’re probably a financial provider to others, and it is important that you not only consider your household’s…
Read More
Will Being Vaccinated for COVID-19 Disqualify Me from Getting Life Insurance?
Posted by Randy Jones Insurance Services
As far as it is concerned, the COVID-19 vaccination has absolutely nothing to do with life insurance in any way. Still, a handful of people have managed to create a link between these two and have spread their own theories, resulting in confusion and fear amongst those who believe them. Unsupported Claims Social…
Read More