Most term life insurance policies have a provision where during a specified period of your policy, you can convert to a permanent policy without going through underwriting again. Which means there is no medical exam and your rate class is the same as when you applied! (HUGE) While the vast majority of life insurance policies.. Read More
Types of Life Insurance
21 Tips for Preparing for a Life Insurance Medical Exam: How The Exam Works & What to Expect
Last Updated: August 2020 Most life insurance companies require a medical exam to rate your health class before you can purchase a policy. This medical exam has a big impact on the rates you will ultimately pay for life insurance. If your medical exam shows that you’re healthy for your age, then you will pay.. Read More
Indexed Universal Life Insurance: What You Should Know & 4 Tips for Structuring the Policy (Be Careful!)
Last Updated: September 2020 Are you considering an indexed universal life insurance policy? If so, be sure you understand exactly how this type of policy works. We’ve helped hundreds of people purchase indexed universal life insurance (IUL). People often make mistakes with this type of policy so work with an experienced life insurance expert before.. Read More
Life Insurance with No Medical Exam: Best Companies & Who Should Apply
Last Updated: July 2020 Quick Tip: Fill out the instant quote form on the right and receive quotes from life insurance companies that don’t require a medical exam. We customized the software specifically for this page for people who don’t want a medical exam. Life insurance with no medical exam is typically a bit more.. Read More
What Life Insurance Riders are Available? How Riders Can Help You
Last Updated: May 2020 Want to make plans for your family after you’re gone? Looking for ways to protect them while you’re still here? Life insurance riders are a fantastic way to add additional coverage to your life insurance policy without necessarily paying much higher premiums to do so. Life insurance is extremely helpful to.. Read More
Funding a Buy-Sell Agreement Using Life Insurance: The Right Way
Last Updated: August 2019 Buy-sell agreements are extremely common and life insurance is the common way to complete them. Planning for the future with your business is equally as important as planning for your own families’ financial protection and buy-sell agreements can ensure that businesses can continue well into the future regardless of the circumstances.. Read More
Guaranteed Acceptance Life Insurance Options: The 5 Best Companies
Last Updated: July 2020 Guaranteed acceptance life insurance policies are for those who can’t qualify for traditional life insurance or graded death benefit life insurance. At Rootfin, we’ve helped hundreds of people find affordable guaranteed acceptance policies. Typically, guaranteed acceptance life insurance is purchased by individuals who have serious medical conditions or terminal illnesses. Below.. Read More
Guaranteed Universal Life Insurance: Pros and Cons of This Type of Policy
Last Updated: September 2020 Guaranteed universal life insurance has the guarantees of term life insurance but like permanent life insurance, it doesn’t expire. This article will discuss the pros and cons of guaranteed universal life (GUL) insurance. This is also referred to as “Universal Life with a No-Lapse Guarantee” and “Term For Life”. Pros of.. Read More
Complete Guide: Accidental Death Insurance
Last Updated: August 2019 Accidental death life insurance can be a great alternative for consumers looking for life insurance but have struggled to get approved for traditional coverage. Accidental death coverage is often a much cheaper alternative and is guaranteed approval assuming you are searching for the offered coverage amounts and within the guidelines for.. Read More
5 Options When Your Term Life Insurance Policy Expires
Last Updated: August 2020 If you’re about to outlive your term life insurance policy, then you may not know all your best options. It’s best to prepare for this before your term policy expires, but even if your policy has already expired, the advice below will help. We’ll show you all 5 options you have.. Read More