Quotes can vary significantly by insurer for the same coverage.
Annualized life insurance premium increased 3% in 2024 to $15.9 billion, according to LIMRA’s retail life insurance sales survey results, setting a record for the fourth consecutive year. In 2024, ...
Life insurance new annualized premium increased 16% year over year to $4.3 billion in the third quarter, according to LIMRA’s preliminary individual life insurance sales results, which represent 80% ...
Life insurance is one of the most powerful financial tools available, yet many people misunderstand its benefits, costs, and potential pitfalls. This article explores key insights on choosing the ...
Your health is one of the key factors that affect your life insurance quotes. If you have pre-existing medical conditions, insurers typically charge you much higher rates than app ...
Understanding how and why insurer make decisions could improve your chances of getting the policy and price you want Written By Written by Insurance Writer, Buy Side John is a staff writer at Buy Side ...
Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...
Life insurance is commonly purchased to provide financial support for the policyholder’s loved ones in the event of an untimely passing. It acts as a legacy planning tool that can provide funds for ...