6 April 2013 0 Comments

When There’s Smoke…

Where there’s smoke…there’s an increase in life insurance premiums.  Those who are regular users of tobacco/nicotine products will pay a substantial amount more for their life insurance than those who do not use.  How much more?  Many factors go into this answer, including duration since last use of tobacco, age at issue, type of tobacco [...]

6 April 2012 0 Comments

More On Keeping Life Insurance In Force After The Duration Of A Term Policy Ends

Last time, I outlined your obligations (or lack thereof) when you buy Life Insurance and how to keep life coverage in force when a term policy reaches the ends of its duration by applying conversion rights in the policy. In this entry, I’ll address another option found in most term policies:  just keep paying an [...]