3 Key Differences Between Whole Life Insurance and Term Life Insurance
Posted: March 5, 2019
3 Key Differences Between Whole Life Insurance and Term Life InsuranceInsurance can be a confusing subject, and at Christensen Insurance in Susanville, California, a local agency, we want to clear up some basic questions for you. Most families put some type of life insurance in place, and figuring out whether they should buy "whole life insurance" or "term insurance" is the big question. These are very different insurance products, each with pros and cons. Term...
Do You Have Enough Life Insurance?
Posted: January 8, 2019
Do You Have Enough Life Insurance?Most of us would prefer not to think about what would happen to our families if something happened to us. Life insurance is something we may have to force ourselves to think about, just like a will. The good news is that purchasing a whole life insurance policy can be a great financial investment. This form of insurance not only allows your life to be...
5 Behaviors That Can Raise Your Life Insurance Premiums
Posted: December 18, 2018
5 Behaviors That Can Raise Your Life Insurance PremiumsYour hobbies, lifestyle, and overall health impact how much you pay for life insurance. For example, if you have decided to take up scuba diving, mountain climbing, rock climbing, BASE jumping or decide that you want to get involved in skydiving, these activities will affect the cost of your policy. Essentially, your life insurance policy is a legal contract between you and the company that...
Things to Consider When Naming Multiple Beneficiaries
Posted: September 27, 2018
Things to Consider When Naming Multiple BeneficiariesLife insurance is an investment for your loved ones. Naming beneficiaries is an important step in setting up a life insurance policy. While you are required to name at least one beneficiary, it is also possible to name multiple beneficiaries. Doing so can help ensure that your death benefits go where you want them to go in case your primary beneficiary does not survive you....
What Is the Right Time to Purchase Life Insurance?
Posted: September 20, 2018
What Is the Right Time to Purchase Life Insurance?Life insurance is important because it provides financial security for your loved ones should you become incapacitated or pass away. Even if you have no assets to pass on, a life insurance policy can provide an inheritance for them. It can also be used to pay off outstanding debts, such as a mortgage, car loan, or credit card debts, to avoid placing additional burdens on...