Irrevocable Life Insurance Trust

Irrevocable Life Insurance Trust

  There are numerous ways to use life insurance to help pay for estate planning but the use of an Irrevocable Life Insurance Trust (ILIT) is a place to start. This article reviews what that Irrevocable Life Insurance Trust is, what it does and when one should use...
How are Life Insurance Rates Determined

How are Life Insurance Rates Determined

Life insurance rates are a reflection of the risk each policyholder presents to the insurance company. Life insurance, in fact all insurance, is based on the concept of sharing risk. A large number of people pay a small percent of potential insurance claims so that...

Why Choose LifeInsure.com?

Why Choose LifeInsure.com for your Life Insurance Needs Why Choose Us? If you’re considering purchasing life insurance, you probably have LOTS of questions—what type of insurance you need, what company offers the best plan, what features you should look for… and, of...

Insurance Websites and Personal Information

Shopping on Life Insurance Websites If you do an Internet search for the terms “life insurance quotes,” “term life insurance quotes,” etc., you will find unlimited choices. Online privacy has bee a hot topic lately, and rightly so. If you’re looking for life insurance...
Life Insurance Advertisements – Truth or Fiction?

Life Insurance Advertisements – Truth or Fiction?

I have recently been hearing a lot of life insurance advertisements on the radio. While I have a great faculty for tuning out most radio and TV ads, being that I’m in the life insurance business, I must say ads about life insurance pique my interest every time....

How do Insurance Rating Classifications Work?

Insurance rating classifications are based on one’s medical history and the results of the medical exam (if one is taken). An insurance company will make an offer (or occasionally decline to make an offer) that reflects their guidelines for a rating class. Each...