Brian Greenberg
CEO / Founder & Licensed Insurance Agent
Brian is the founder and CEO of Insurancy and carries Life, Health, and Property & Casualty licenses in all 50 U.S. states. Since 2013, Brian has been a member of Million Dollar Round Table, a designation for the top 1% of financial advisors worldwide. Brian has been featured in Yahoo! Finance, Money.com, Entrepreneur.com, Life Happens, Forbes, MSN, and Good Financial Cents. Brian’s goal is to show customers the best products, the quickest answers to their questions, and provide expert advice.
Articles by Brian Greenberg (250)
Irrevocable Life Insurance Trust (ILIT) - How It Works
An irrevocable life insurance trust (ILIT) is a non-amendable legal structure that owns a life insurance policy so the death benefit stays outside the insured's taxable estate. The grantor funds premiums with annual exclusion gifts, beneficiaries receive Crummey withdrawal notices that qualify those gifts for the $19,000 annual exclusion, and at death the trustee collects and distributes the benefit under the trust terms.
Life Insurance Policy Features and Types Explained
Policy features decide who a policy fits. Accidental policies pay only for accidents, graded and modified benefit policies phase in payouts for higher-risk buyers, no exam and rapid issue policies trade labs for speed, guaranteed issue asks no health questions, return of premium refunds your payments if you outlive the term, and living benefits let you use the policy while alive.
Collateral Assignment of Life Insurance - How It Works
A collateral assignment of life insurance gives a lender a priority claim on your policy's death benefit until a loan is repaid. SBA lenders routinely require it when a business depends on the owner. The lender is repaid first from the death benefit if you die with a balance outstanding, your beneficiaries receive the remainder, and the assignment is released once the loan is satisfied.
Does Life Insurance Cover Suicide? The 2 Year Clause
Most life insurance policies cover suicide once the suicide clause expires, typically two years after the policy is issued. If death occurs inside that exclusion window, the insurer usually refunds the premiums paid instead of paying the death benefit. Group life policies often carry no suicide clause at all, and replacing a policy restarts the clock.
9 Ways Life Insurance Will Not Pay Out - Denied Claims
Life insurance almost always pays, but nine situations can void a payout: death during the two year suicide exclusion, withholding information on the application, dangerous activities, illegal activities, act of war clauses, living outside the United States, fraud, missing insurable interest, and lapses caused by policy replacement. Honest applications and premiums paid on time prevent nearly all of them.
Million Dollar Life Insurance - Cost and How to Qualify
A million dollar life insurance policy is standard planning, not a luxury, for households replacing a solid income: coverage of 10 to 15 times annual income puts many families squarely at seven figures. Healthy applicants find level term at this size surprisingly affordable, insurers verify income to justify the amount, and accelerated underwriting now approves qualifying buyers for $1 million or more with no medical exam.
MIB Report - What Life Insurers Know About You
MIB (formerly the Medical Information Bureau) is a member-owned data exchange life insurers use to cross-check applications. Your MIB report contains coded flags from previous individual life, health, and disability applications: reported conditions, lab abnormalities, and hazardous activities. You can request your file free once a year directly from MIB and dispute anything inaccurate.
Life Insurance for Estate Planning - Taxes and Trusts
Life insurance is one of the most flexible tools in estate planning: the death benefit passes to named beneficiaries income tax free and outside probate, and it can pay estate taxes and settlement costs, equalize inheritances, and fund trusts. With the federal estate tax exemption at $15 million per person for 2026, most estates owe no federal tax, but state estate taxes and liquidity needs keep coverage central to many plans.
Life Insurance Dividends - How They Work and Your Options
Life insurance dividends are a share of a mutual insurer's favorable results paid to participating whole life policyholders. Dividends are not guaranteed, but carriers like MassMutual, Penn Mutual, Guardian, and Foresters have long track records of paying them. Policyholders choose among five uses: take cash, reduce premiums, leave them to accumulate at interest, repay policy loans, or buy paid-up additions that compound coverage and cash value.
How to Use Life Insurance While Alive - Living Benefits
Several kinds of life insurance pay benefits while you are alive. Permanent policies build cash value you can borrow against, withdraw, or surrender, and many policies offer living benefit riders that accelerate the death benefit after a serious diagnosis. The tradeoff: money used while living typically reduces what your beneficiaries receive.
How Many Life Insurance Policies Can You Have?
You can own as many life insurance policies as you like, from one insurer or several. The practical cap is total coverage: underwriters justify your combined death benefit against income and financial obligations. Laddering multiple term policies is the most popular reason to hold several, letting coverage and premiums step down as debts get paid off.
Life Insurance to Secure an SBA Loan - What Lenders Require
SBA lenders routinely require life insurance before closing when a business depends on its owner: a policy at least equal to the loan amount, with a collateral assignment giving the lender first claim until the debt is repaid. Term life fits best, and no-exam accelerated underwriting means even a tight closing timeline is workable for healthy applicants.
Life Insurance Definitions - Glossary of Key Terms
Life insurance has a vocabulary all its own. This glossary defines the terms buyers meet most often: the death benefit your beneficiaries receive, the premium you pay, cash value inside permanent policies, riders that add features like accelerated death benefits, and the underwriting classes that set your price.
How Much Is Commercial Auto Insurance? Cost Factors
Commercial auto insurance pricing is driven by what you drive, who drives it, and what you haul: vehicle type and value, driver records, coverage limits, radius of operation, and industry all move the number. Businesses with clean drivers and light vehicles pay far less than those running heavy trucks, and higher liability limits required by contracts raise premiums.
How Much Is Commercial Trucking Insurance? Cost Breakdown
Commercial trucking insurance is one of the largest operating costs in the industry. Premiums are driven by what you haul, how far you run, driver experience and records, equipment value, and the federal liability minimums that apply to your operation. Owner-operators with their own authority pay the most; leased drivers under a motor carrier's program pay far less.
Imputed Income and Life Insurance - The $50,000 GTL Rule
Imputed income is the taxable value of employer-paid group term life insurance above $50,000 of coverage. The IRS sets the value using its Table I uniform premium rates based on your age, and the amount appears on your W-2 (Box 12, Code C) and is subject to Social Security and Medicare taxes. The first $50,000 of employer-paid coverage stays tax free.
Restaurant Insurance Programs - Coverage and Ways to Save
Restaurant insurance programs bundle the coverages food businesses need most: general liability, commercial property, workers compensation, liquor liability, spoilage, and business interruption, often at package pricing below buying each policy separately. Premiums track your square footage, payroll, alcohol sales, and claims history, and several practical steps cut costs without thinning protection.
What Insurance Is Needed for a Small Business? Full Guide
Most small businesses need three coverages at minimum: general liability for third-party injury and property damage claims, commercial property for the business's own assets, and workers compensation once employees are hired. Industry, contracts, lenders, and state law then layer on requirements like commercial auto, professional liability, and cyber coverage.
How to Cancel a Life Insurance Policy - Rules and Costs
You can cancel a life insurance policy at any time by stopping payments or writing to the insurer. Term cancellations return little or nothing outside the free look window, while permanent policies pay the cash surrender value minus any surrender charge. Before canceling, compare alternatives like reducing coverage, using cash value to pay premiums, or selling the policy in a life settlement.
Business Personal Property Insurance - What BPP Covers
Business personal property (BPP) insurance covers the contents of your business: equipment, inventory, furniture, fixtures, tools, and supplies, against fire, theft, vandalism, and other covered perils. It is the "stuff" half of commercial property coverage, distinct from the building itself, and it is typically bundled inside a business owners policy (BOP).
Private Placement Life Insurance (PPLI) - How It Works
Private placement life insurance (PPLI) is a variable universal life policy offered privately to accredited investors and qualified purchasers. Inside the policy, premiums flow into insurance-dedicated funds spanning hedge fund and institutional strategies, growing tax deferred with an income tax free death benefit. PPLI demands large commitments, strict diversification, and hands-off investor behavior, which limits it to high net worth planning.
Graded Benefits vs Contestability - Key Differences
Graded death benefits and the contestability period both affect early claims but are different mechanisms. Graded benefits are a product feature of guaranteed issue policies: natural-cause payouts phase in over two to three years. Contestability is a legal window, typically the first two years of any policy, when the insurer can investigate claims and rescind coverage for material misrepresentation on the application.
Living Will vs Living Trust - What Each Does and Costs
A living will and a living trust solve two different problems. A living will is an advance directive that records your medical treatment wishes if you cannot speak for yourself. A living trust is a legal entity that holds your assets during life and passes them to beneficiaries without probate. Most complete estate plans include both, alongside a last will and durable powers of attorney.
Workers Comp for Self-Employed Contractors - Do You Need It
Most states do not require self-employed contractors with no employees to carry workers compensation, but the market often does: general contractors, commercial clients, and some licensing boards demand proof of coverage before you can work. Options include buying a policy that covers you personally or, where accepted, a certificate of exemption.
When Do You Need Business Insurance? Key Trigger Points
The right time to buy business insurance is before the risk exists, and specific events make it non-negotiable: signing a commercial lease, hiring your first employee, taking on client contracts that require proof of coverage, buying business property, or opening to the public. Waiting until after a loss means the loss is not covered.
Hazard Insurance for Business - What It Is and Who Needs It
Hazard insurance for business is another name for the commercial property coverage that protects your buildings and equipment against fire, storms, vandalism, and other named perils. The term shows up most often in lending: SBA and conventional lenders require proof of hazard insurance on business assets pledged as collateral before funding a loan.
General Liability Insurance for Small Business - Coverage
General liability (GL) insurance is the foundation policy for small businesses: it pays for third-party bodily injury, damage to other people's property, and personal or advertising injury claims, including the legal defense costs that come with them. It does not cover your own property, your employees' injuries, or professional mistakes, which need property, workers comp, and E&O policies respectively.
Employers Liability vs Workers Comp - What's the Difference
They travel together but do different jobs. Workers compensation (Part One of the policy) pays injured employees' medical bills and lost wages regardless of fault. Employer's liability insurance (Part Two) defends the business when an employee sues anyway, alleging negligence outside the no-fault system, covering legal defense, settlements, and judgments.
How Is Workers Comp Calculated? Premiums and Benefits
Workers compensation math runs on two formulas. Premiums are calculated from payroll (per $100), industry class codes, and an experience modifier reflecting your claims history. Benefits paid to injured workers are a state-set percentage of their average weekly wage, commonly about two-thirds, subject to state maximums and time limits.
How Long Does a Life Insurance Application Take? Timeline
The life insurance application timeline depends on the underwriting path. No-exam accelerated underwriting can approve qualifying applicants the same day. Fully underwritten policies typically take four to eight weeks: application, exam scheduling, lab results, medical records requests, underwriting review, and offer. Records requests from doctors' offices are the most common bottleneck.
Single Premium Life Insurance - Pay Once, Covered for Life
Single premium life insurance (SPL) is permanent coverage purchased with one lump-sum payment instead of ongoing premiums. The policy is guaranteed paid-up from day one and builds cash value immediately, which makes it a wealth transfer tool for people with idle savings. The tradeoff is tax treatment: nearly every SPL policy is a modified endowment contract (MEC), so lifetime withdrawals and loans are taxed earnings-first with a penalty before age 59 and a half.
How to Find Out if Someone Has Life Insurance - 6 Steps
Start with the free NAIC Life Insurance Policy Locator, which asks participating insurers to search for policies in the deceased's name. From there, check personal papers and bank statements for premium payments, ask employers about group coverage, search state unclaimed property databases, and consider an MIB policy search for applications made after 1996.
What Is LexisNexis? How Insurers Use Your Data
LexisNexis Risk Solutions is a data broker life insurers rely on during underwriting: it supplies motor vehicle records, prescription histories, public records, and its Risk Classifier score that predicts mortality risk from data instead of labs. It powers many instant-decision products. You have the right to request your LexisNexis consumer file and dispute errors under the FCRA.
Life Insurance Underwriting Process - Step by Step
Underwriting is how a life insurer turns your application into a price: an underwriter reviews your health history, exam results, prescription records, MIB report, driving record, and lifestyle to assign a rate class. The process runs from instant (accelerated) to several weeks (fully underwritten), and preparation, honest answers, and the right carrier match improve the outcome.
Life Insurance Waiting Periods - Graded Benefits Explained
Most fully underwritten life insurance has no waiting period: coverage is effective the day the policy is in force. Waiting periods belong to guaranteed issue and some simplified issue final expense policies, which phase in the death benefit over the first two to three years, typically refunding premiums plus interest if death occurs from natural causes during the graded window. Accidental deaths are usually covered in full from day one.
Life Insurance Rate Classes - How Insurers Decide Yours
Your rate class is the single biggest driver of your life insurance price. Insurers sort applicants into classes like Preferred Plus, Preferred, Standard Plus, and Standard (plus table ratings below that) based on health history, build, blood work, family history, driving record, and nicotine use. Each carrier draws the lines differently, which is why shopping the same profile across carriers changes the quote.
Funding a Buy-Sell Agreement with Life Insurance - Guide
A buy-sell agreement is a contract that fixes what happens to an owner's share of the business at death, and life insurance is the standard way to fund it: the policy delivers the exact cash needed to buy out the deceased owner's stake the moment it is needed. The two classic structures are cross-purchase, where owners insure each other, and entity purchase, where the business owns the policies.
Does Life Insurance Cover Funeral Costs? How It Works
Beneficiaries can absolutely use a life insurance payout for funeral costs, though nothing requires them to: the death benefit arrives as a lump sum spent at their discretion. If covering final costs is the whole goal, a small final expense (burial) policy is built for exactly that, with simplified underwriting and face amounts sized to funeral bills.
Professional Liability Insurance (E&O) - What It Covers
Professional liability insurance, also called errors and omissions (E&O) coverage, protects service providers when a client claims your work was negligent, wrong, or incomplete and cost them money. It covers legal defense and settlements for professional mistakes, the exact claims general liability excludes, and it is standard for consultants, agents, accountants, designers, and anyone paid for advice or expertise.
Can You Retake a Life Insurance Medical Exam? Your Options
If your life insurance exam results came back worse than expected, you usually can retake the exam or ask the insurer to re-run specific labs, though carriers differ on timing and rules. Often the smarter play is applying to a different carrier whose underwriting treats your specific issue more favorably, or waiting a few months to correct a temporary result before re-testing.
Are Life Insurance Premiums a Deductible Business Expense?
Life insurance premiums are generally not a deductible business expense when the business is a direct or indirect beneficiary, which covers key person coverage and policies backing buy-sell agreements. The main exception is employer-paid group term life for employees: premiums are deductible, and the first $50,000 of coverage per employee is also excluded from the employee's income.
Business Overhead Expense (BOE) Insurance - How It Works
Business overhead expense (BOE) insurance reimburses your business's fixed costs, rent, payroll, utilities, insurance, and loan payments, if a disability keeps you from working. It keeps the lights on so the business survives your recovery. BOE complements, not replaces, individual disability income insurance: BOE pays the business's bills while disability income replaces your personal paycheck.
Do LLCs Need Business Insurance? Why the Shield Falls Short
Forming an LLC protects your personal assets from business debts, but it does nothing to protect the business itself. A lawsuit, fire, or injured employee can still wipe out everything the LLC owns. That is why LLCs still carry general liability, commercial property, and workers compensation coverage, and why courts can pierce the veil of an underinsured LLC.
Does Business Insurance Cover Theft? Property vs Crime
Business insurance does cover theft, but which policy pays depends on who stole what. Commercial property insurance covers theft of equipment and inventory by outsiders, usually with signs of forced entry. Employee theft, embezzlement, and stolen cash need commercial crime (fidelity) coverage, and stolen customer data falls to cyber insurance.
Does Personal Auto Insurance Cover Business Use? The Rules
Personal auto insurance generally does not cover business use of a vehicle: policies exclude commercial activity, and a claim that happens while working can be denied outright. Commuting is fine; deliveries, hauling tools to job sites, transporting clients, and rideshare work are not. Regular business use calls for a commercial auto policy or, for occasional use, specific endorsements.
DUI and Life Insurance - How Rates and Approval Change
A DUI makes life insurance more expensive but rarely uncoverable. Carriers care most about how recent the offense is: within the first year or two, many decline or offer table ratings; after three to five clean years, several carriers return to standard classes; and older single offenses can even reach preferred at the most forgiving insurers. Carrier selection matters more here than almost anywhere.
Is Business Insurance Tax Deductible? IRS Rules Explained
Business insurance premiums are generally tax deductible because the IRS treats them as ordinary and necessary business expenses. General liability, commercial property, workers comp, commercial auto, professional liability, and cyber premiums all typically qualify. The notable exceptions: life insurance where the business is the beneficiary, and certain self-insurance reserves. Confirm specifics with your tax professional.
Is Workers Comp Taxable? IRS Rules for Benefits and Wages
Workers compensation benefits are generally not taxable at the federal or state level: IRS Publication 525 excludes amounts received under workers compensation acts for occupational injury or sickness. The main exception arises when benefits offset Social Security disability payments, making a portion effectively taxable. For employers, premiums are a deductible business expense.
How No Exam Life Insurance Works - Instant Underwriting
No exam life insurance replaces the needle and the nurse with data: insurers verify prescription histories, MIB records, motor vehicle reports, and application answers, then run them through underwriting models that can approve qualifying applicants in minutes. Healthy applicants get real fully underwritten pricing without labs, while guaranteed issue products serve those who cannot qualify.
Commercial Umbrella Insurance - Extra Liability Coverage
Commercial umbrella insurance sits on top of your existing liability policies, general liability, commercial auto, and employer's liability, and pays when a covered claim exceeds their limits. A single serious accident or lawsuit can blow past a standard $1 million limit, and umbrella coverage delivers extra millions of protection at a comparatively low premium.
Court-Ordered Life Insurance in Divorce - How It Works
Courts routinely order a divorcing spouse to carry life insurance so alimony and child support survive their death. The paying spouse typically owns the policy with the ex-spouse as beneficiary, sized to the support obligation and its duration. Instant-decision term policies can put coverage in force the same day, which matters when a decree sets a deadline.
Workers Compensation Insurance Guide - Costs and Coverage
Workers compensation insurance pays medical bills, lost wages, and rehabilitation costs when an employee is injured or made ill by their job, and it protects the employer from most injury lawsuits in return. Nearly every state requires coverage once you hire employees, benefit formulas vary by state, and premiums are driven by payroll, class codes, and your claims history.
Workers Comp Insurance for Small Business - What to Know
Most states require workers compensation as soon as a small business hires its first employee, and even where thresholds are higher, going without coverage exposes the business to lawsuits and fines. Coverage pays employee medical costs and lost wages after work injuries. Premiums scale with payroll and industry risk, which keeps costs manageable for most small teams.
TruStage Life Insurance Review
TruStage is the consumer brand of CMFG Life Insurance Company, an A rated (Excellent) insurer founded in 1935 as CUNA Mutual to serve credit union members and rebranded TruStage in 2023. It sells simplified term and whole life directly online with no medical exam on most products, plus guaranteed acceptance whole life. Face amounts are modest and pricing reflects the convenience, making TruStage best for smaller, fast policies rather than large family coverage.
Bestow Life Insurance Review - No Longer Selling Policies
Bestow, once a leading direct-to-consumer no-exam term startup, no longer sells life insurance to the public. The company pivoted to providing underwriting and policy technology to insurers. Term policies Bestow sold were issued by North American Company for Life and Health (a Sammons company) and remain fully in force. Shoppers who liked Bestow's instant no-exam experience have strong current alternatives, led by Ethos.
Prudential Life Insurance Review
Prudential Financial is an A+ rated (Superior) insurer founded in 1875 in Newark, New Jersey, writing individual life through Pruco Life Insurance Company. Prudential is the carrier brokers turn to for complex health histories: it is known for favorable treatment of well-managed chronic conditions, was the first major U.S. carrier to underwrite applicants living with HIV, and famously offers non-smoker rates to occasional cigar smokers who test nicotine-free.
AIG Life Insurance Review - Now Corebridge Financial
AIG no longer sells life insurance under the AIG brand: its life and retirement division became Corebridge Financial, which went public in 2022 and completed its separation from AIG. Policies continue to be issued by American General Life Insurance Company, rated A (Excellent) by A.M. Best. Existing AIG life policies remain fully in force, and the product shelf, led by Select-A-Term with its 18 term-length choices and the QoL living benefit riders, continues under the Corebridge name.
Colonial Penn Life Insurance Review
Colonial Penn is an A rated (Excellent) life insurer founded in 1968 in Philadelphia and owned by CNO Financial Group. It is best known for the heavily televised $9.95 per unit guaranteed acceptance whole life program for ages 50 to 85, which asks no health questions but pays a graded benefit in the first two years. The catch every shopper should understand: a unit is not a fixed amount of coverage, and the same $9.95 buys less coverage the older you are.
American Amicable Life Insurance Review - No-Exam Term
American Amicable is a Waco, Texas insurer with roots to 1910 that specializes in simplified-issue products sold through independent agents: no-exam term (including its Term Made Simple line), final expense whole life, and mortgage protection coverage. Underwriting relies on health questions plus database checks, making it a practical placement for applicants who want to skip the exam or carry moderate health histories.
Liberty Bankers Life Review - Final Expense and Annuities
Liberty Bankers Life Insurance Company, headquartered in Dallas, is a growing insurer focused on simplified-issue final expense whole life and fixed annuities sold through independent agents. Its final expense line uses tiered acceptance so applicants with tougher health histories still find an offer, and its SIMPL-style simplified products emphasize fast, no-exam decisions.
Prosperity Life Group Review - S.USA and Shenandoah Life
Prosperity Life Group is an insurance holding organization whose carriers include S.USA Life Insurance Company and Shenandoah Life, known for simplified-issue term and final expense whole life sold largely through independent agents. The group substantially increased its scale by acquiring National Western Life in a $1.9 billion merger completed in July 2024. Prosperity products suit shoppers who want simplified underwriting at modest face amounts.
Americo Life Insurance Review - Mortgage Protection Focus
Americo Financial Life and Annuity, headquartered in Kansas City with corporate roots tracing to 1906, is one of the biggest names in agent-sold mortgage protection term life. Its shelf also includes final expense whole life (the Eagle series) and universal life, all built around simplified, no-exam underwriting and independent agent distribution. Americo fits homeowners approached about mortgage protection and final expense buyers, though comparing against level term always belongs in the process.
SureBridge Insurance Review - Supplemental Health Plans
SureBridge is a supplemental insurance brand, not a life insurance company: its accident, critical illness, hospital, dental, and vision products are underwritten by The Chesapeake Life Insurance Company, part of the UnitedHealthcare family. Supplemental policies pay cash benefits for covered health events, which complements but does not replace life insurance. Shoppers who landed here looking for death benefit protection should compare term life carriers.
SBLI Life Insurance Review
SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) is a mutual insurer founded in 1907 through the efforts of future Supreme Court Justice Louis Brandeis to give working families honest, low-cost life insurance. That mission still defines it: SBLI concentrates on competitively priced level term with an accelerated underwriting program that lets many applicants skip the medical exam, plus whole life for permanent needs.
John Hancock Life Insurance Review
John Hancock is an A+ rated (Superior) life insurance company founded in 1862 in Boston and owned by Canada-based Manulife since 2004. Its signature feature is the Vitality wellness program, which discounts premiums and pays rewards for healthy behavior, and its Aspire program is purpose-built for people living with diabetes. John Hancock sells term, universal life, indexed UL, and variable UL.
Principal Life Insurance Review - Exited Retail in 2021
Principal Financial Group, the A+ rated Des Moines insurer founded in 1879, no longer sells individual life insurance to retail consumers. After a 2021 strategic review, Principal exited the U.S. retail consumer life market to focus on retirement plans, asset management, and business-market insurance such as key person and buy-sell coverage. Existing retail policies remain in force and serviced. Business owners can still buy Principal life products through the business channel.
Lincoln Financial Life Insurance Review
Lincoln Financial Group is an A rated (Excellent) insurer founded in 1905 in Fort Wayne, Indiana, with the life business written through The Lincoln National Life Insurance Company. It is best known for TermAccel, a lab-free accelerated underwriting term product, the LifeElements term series, and a deep bench of universal, indexed, and variable universal life products used in estate and business planning.
Primerica Life Insurance Review
Primerica is an A+ rated (Superior) life insurer founded in 1977 and headquartered in Duluth, Georgia. It sells term life insurance exclusively, no whole life or universal life, through a network of more than 140,000 licensed representatives, built around the Buy Term and Invest the Difference philosophy. Coverage is solid and the company is financially strong, but policies are only available through a Primerica rep and pricing is often higher than broker-sold term.
United Home Life Review - Express Issue No-Exam Policies
United Home Life Insurance Company, an Indianapolis-based insurer affiliated with United Farm Family Life, specializes in Express Issue simplified products: no-exam term and whole life with tiered acceptance that reaches tougher health histories, including options marketed to applicants declined elsewhere. Face amounts are modest and per-dollar pricing reflects the easy underwriting, making it a niche tool rather than a primary family-coverage carrier.
National Western Life Review - Now Part of Prosperity
National Western Life, the Austin, Texas insurer founded in 1956 and long controlled by the Moody family, was acquired by Prosperity Life Group in an all-cash merger valued at about $1.9 billion, completed in July 2024. The company's life insurance and annuity obligations continue under Prosperity's ownership. National Western historically emphasized annuities and universal life, with international life business as a distinctive niche.
Allstate Life Insurance Review - Sold to Everlake in 2021
Allstate, famous for auto and home coverage, no longer underwrites its own life insurance. It sold Allstate Life Insurance Company and related annuity businesses to Blackstone-managed entities in 2021, and those operations were renamed Everlake Life. Existing Allstate life policies remain in force and are serviced by Everlake, while Allstate agents today refer life shoppers to third-party carriers.
Fabric by Gerber Life Review - Term Life for Parents
Fabric by Gerber Life is a digital life insurance brand aimed squarely at young parents, offering term policies with accelerated no-exam underwriting for qualifying applicants, plus free extras like online wills and family finance tools. Policies are issued within the Gerber Life family, part of Western & Southern Financial Group. Fabric fits busy parents who want solid term coverage and estate basics handled in one sitting.
Genworth Life Insurance Review - No New Policies
Genworth Financial no longer sells life insurance. The company suspended new sales of traditional life insurance products in 2016 and wound down its remaining life and annuity sales in the years that followed, refocusing on long-term care insurance and its Enact mortgage insurance business. Existing Genworth life policies remain in force and continue to be serviced, but shoppers looking for coverage today need to compare active carriers.
Kemper Life Insurance Review - Small Whole Life Policies
Kemper Corporation remains active in life insurance through its Kemper Life business, even after exiting its preferred home and auto lines in 2023. Kemper Life descends from the home service tradition: small whole life policies aimed at working families, historically sold and serviced by local agents. Coverage amounts are modest and per-dollar pricing is high compared with term, so the products fit final expense needs more than income replacement.
Nassau Financial Review - Annuities and Phoenix Legacy
Nassau Financial Group, founded in 2015 and headquartered in Hartford, Connecticut, is best understood in two parts: a growing fixed annuity business sold through agents, and the servicing home of legacy life insurance blocks, most notably the former Phoenix Companies policies it acquired. Consumers encounter Nassau either as annuity shoppers or as holders of older Phoenix-era life policies now serviced under the Nassau name.
MetLife Life Insurance Review - Individual Sales Ended
MetLife, founded in 1868 and one of the most recognizable names in American insurance, no longer sells individual life insurance to consumers. It spun off its U.S. retail business as Brighthouse Financial in 2017; existing retail policies are administered by Brighthouse, while MetLife continues to be a leader in group life insurance offered through employers. Shoppers who come looking for MetLife individual coverage today should compare current top-rated carriers instead.
Sentinel Security Life Review - Final Expense Specialist
Sentinel Security Life Insurance Company, founded in 1948 in Salt Lake City by funeral directors, is a senior-market specialist selling final expense whole life, Medicare supplement plans, and fixed annuities through independent agents. Its New Vantage final expense line uses tiered acceptance so tougher health histories still find offers. Shoppers should verify the carrier's current financial strength rating as part of any purchase decision.
Great Western Life Insurance Review - Exited the Market
Great Western Insurance Company, a Utah-based final expense specialist, no longer sells new life insurance policies. Existing policies remain in force and continue to be serviced. Final expense shoppers today should compare active specialists such as Mutual of Omaha and Aetna's Accendo brand, which offer similar simplified-issue burial coverage.
Fidelity Life Review - RAPIDecision Term, Now Part of iA
Fidelity Life Association, the Chicago-area insurer founded in 1896 and known for its RAPIDecision product family, became part of Canada's iA Financial Group through the 2024 acquisition of its parent, Vericity. RAPIDecision term issues quickly with partial coverage up front, a distinctive hybrid: a portion of the death benefit starts immediately while the remainder can depend on completing underwriting. It fits shoppers who want coverage in force fast.
World Financial Group Review - How the WFG Model Works
World Financial Group (WFG) is not an insurance company: it is a Transamerica-owned distribution agency whose associates sell life insurance and financial products, frequently indexed universal life, through a multi-level marketing structure. The policies WFG sells are real, issued by Transamerica and partner carriers, but the recruiting-driven model and IUL-heavy sales mix mean buyers should compare independent quotes and scrutinize illustrations before signing.
William Penn Life Insurance Review - Banner's NY Sister
William Penn Life Insurance Company of New York is the New York-licensed carrier of Legal & General America and the sister company of Banner Life. Because New York's insurance regulations require a separately licensed entity, New Yorkers who want Banner's famously sharp term pricing buy the equivalent policies through William Penn. Products mirror the Banner shelf: competitively priced OPTerm level term with conversion options.
Voya Life Insurance Review - Exited Individual Life
Voya Financial, the retirement and benefits company formerly known as ING U.S., no longer sells individual life insurance. It stopped new individual life sales in 2019 and completed the sale of its in-force individual life block to Resolution Life in 2021. Existing Voya and legacy ING/ReliaStar policies remain fully in force and are administered through Resolution Life. Shoppers looking for coverage today should compare current top-rated carriers.
Costco Life Insurance Review - Protective Member Program
Costco's life insurance offering has been a member benefit program providing term life insurance through Protective Life, with pricing perks for Executive members. The coverage itself is standard Protective term, a strong, competitively priced product, with the Costco wrapper adding member conveniences. Program availability and terms can change, so members should verify current details through Costco Services, and every shopper should still compare two or three carriers before buying.
Sagicor Life Insurance Review - Product Lineup Changes
Sagicor Life Insurance Company, the U.S. arm of the Caribbean-based Sagicor Financial group, remains in business but discontinued the products this review originally covered: its Sage Term with instant Accelewriting no-exam underwriting, its universal life, and its no-exam whole life. Existing policies remain in force. Shoppers drawn to Sagicor's fast no-exam underwriting should compare current alternatives such as Ethos and Corebridge Quick Issue.
Columbian Mutual Life Review - Acquired by JAB in 2025
Columbian Mutual Life Insurance Company, a New York insurer with roots to 1882 known for final expense and simplified-issue coverage, entered rehabilitation under the New York regulator after financial strain, and in November 2025 JAB Insurance agreed to acquire Columbian and its subsidiary, taking the company out of rehabilitation. Existing policies continue under regulatory protection. Final expense shoppers today should compare active specialists.
Transamerica Life Insurance Review
Transamerica is an A+ rated (Superior) life insurance company founded in 1904 in San Francisco and now part of the Aegon group. It is one of the highest-volume term life carriers in the United States, best known for its Trendsetter term series with living benefits, competitive final expense whole life, and indexed universal life. Transamerica fits budget-focused term shoppers and applicants who want living benefit riders without a premium surcharge.
Life Insurance With Depression or Anxiety - Best Rates
A depression or anxiety diagnosis does not prevent you from getting life insurance. Applicants with mild, well-managed symptoms controlled by therapy or a single stable medication routinely qualify for Standard rates, and lenient carriers will consider better classes. Severity is what moves pricing: hospitalizations, multiple medications, missed work or disability claims, and any history of suicidal ideation push offers into table ratings, while simplified issue and guaranteed issue policies remain available for tougher histories.
Life Insurance With Epilepsy - Rates and Approval Guide
You can qualify for life insurance with epilepsy, and you will not be automatically declined. Underwriters price epilepsy on four factors: the type of seizures, how frequent and recent they are, whether the cause is idiopathic or symptomatic of another condition, and how consistently you follow your treatment plan. Applicants who have been seizure-free for two or more years on stable medication can approach Standard rates, while recent or frequent seizures lead to table ratings, and simplified or guaranteed issue policies backstop the harder cases.
Life Insurance With Bipolar Disorder or Schizophrenia
Many people with bipolar disorder or schizophrenia can still qualify for life insurance. Underwriters price these conditions on stability: consistent treatment, medication compliance, hospitalization history, work status, and time since the last acute episode. Long-stable, well-managed cases can reach Standard rates, moderate histories receive table-rated offers, and graded death benefit whole life plus guaranteed issue policies guarantee a path to coverage for histories that traditional underwriting declines.
Sleep Apnea Life Insurance - Rates With CPAP Treatment
Sleep apnea does not automatically raise your life insurance rates. Mild apnea treated with documented CPAP compliance can qualify for Standard rates and sometimes better, moderate cases typically land at Standard to mild table ratings, and severe or untreated apnea leads to heavier ratings or a postponement until treatment is established. Completing the recommended sleep study and demonstrating consistent treatment are the two decisive moves an apnea applicant controls.
Life Insurance for Overweight People - High BMI Rates
Being overweight does not stop you from getting life insurance. Carriers price weight using height-and-weight build charts rather than BMI alone, and most overweight applicants land between Standard rates and a few table ratings, each adding roughly 25 percent to the premium. Outright declines for weight alone are rare and generally limited to the most severe cases. Quitting nicotine, regular doctor visits, documented weight loss, and no-exam alternatives all improve the outcome.
Life Insurance for Smokers - Cigarette, Cigar, Vape Rates
Smokers typically pay 2 to 3 times more for life insurance than non-smokers, but the details matter enormously. Cigarettes, vaping, and chewing tobacco are usually priced at smoker rates, while occasional cigar smokers can qualify for non-smoker rates at select carriers if they test nicotine-free. Quitting changes everything: 12 months tobacco-free earns non-smoker rates at many carriers, and the best classes open up after 3 to 5 years. Because tobacco rules vary more between insurers than almost any other factor, carrier selection is the difference between overpaying and a fair price.
Life Insurance for Cancer Patients and Survivors
Both cancer patients and cancer survivors can get life insurance; the right product depends on where you are in treatment. During active treatment, guaranteed issue policies (no health questions, 2-year graded death benefit) and employer group coverage are the realistic options. After treatment ends, traditional term and permanent policies become available following a waiting period of roughly 1 to 10 years that varies by cancer type, stage, and treatment outcome. Some low-risk cancers, such as basal cell skin cancer, are insurable almost immediately.
Life Insurance for People With HIV - Coverage Options
People living with HIV can qualify for life insurance in the United States. A small but growing number of carriers now offer fully underwritten term and permanent policies to applicants with well-managed HIV, generally meaning consistent antiretroviral therapy, an undetectable viral load, and stable CD4 counts. Everyone else retains two no-health-question paths: guaranteed issue life insurance and employer group coverage. Disclosure is mandatory when asked; misrepresenting HIV status can void a policy during the contestability period.
Life Insurance for Diabetics - Type 1 and Type 2 Rates
You can get life insurance with diabetes, including type 1 and type 2. Well-controlled type 2 diabetics with a recent A1C under about 7.5 often qualify for Standard rates, type 1 diabetics typically receive Standard to table-rated offers depending on control and complications, and guaranteed issue coverage is available to anyone the traditional market declines. Because diabetic underwriting varies more between carriers than almost any other condition, comparing multiple insurers is the single highest-impact step.
Life Insurance After Retirement - Do Retirees Need It?
Most retirees no longer need life insurance once paychecks stop and children are independent, but four exceptions matter: a spouse who depends on your pension or Social Security income, outstanding debt such as a mortgage, estate liquidity and final expenses, and a pension election without a survivor benefit. Premiums rise steeply with age, so the decision is really a needs test: if nobody would suffer financially from your death, the premium usually serves you better elsewhere; if one of the four gaps applies, right-sized coverage still earns its keep.
Simplified Issue Term Life Insurance: How It Works
Simplified issue term life insurance is a term life policy issued on the basis of a short health questionnaire and third-party records check (prescription history, MIB, motor vehicle records) instead of a paramedical exam. Decisions are typically returned within 24 to 72 hours and policies can be in force within a week. Coverage caps are lower than fully underwritten term (typically $1 million to $3 million) and rates are slightly higher than fully underwritten term for the healthiest applicants but materially lower than guaranteed issue products.
Term vs Whole Life Insurance: Key Differences and Cost
Term life and whole life are the two main categories of life insurance in the United States. Term life provides coverage for a defined period (10, 15, 20, 25, 30, or 40 years) at the lowest possible cost per dollar of death benefit. Whole life provides lifetime coverage with a fixed premium and accumulates cash value over time but costs 5 to 15 times more per dollar of death benefit. Term life is the right choice for roughly 90 percent of buyers; whole life is the right choice for a smaller set of buyers with permanent insurance needs (estate planning, special-needs dependents, lifetime income replacement).
20 Year Term Life Insurance: Rates and Best Carriers
20-year term life insurance is the most popular term length in the United States because the 20-year horizon matches the years most working-age parents need to replace their income while children grow up or a mortgage is paid down. Rates are locked at issue for the full 20 years and the policy can be converted to permanent coverage in most cases without a new medical exam. A healthy 35-year-old can typically lock $500,000 of 20-year term for roughly $20 to $26 a month with a top-rated carrier.
15 Year Term Life Insurance: Rates and Best Carriers
15-year term life insurance locks your premium and death benefit for 15 years. It is the right fit for buyers who need coverage for a fixed obligation that ends in roughly 15 years (a 15-year mortgage, the remaining years a young child is at home) and who want the lowest possible monthly cost. Premiums typically run 20 to 40 percent below a comparable 20-year term policy.
40 Year Term Life Insurance: Rates and Best Carriers
40-year term life insurance is the longest level-term policy available in the United States and locks your premium and death benefit for a full 40 years. It is only offered by a handful of A-rated carriers (Banner Life, Pacific Life, and Protective) and the maximum issue age is typically 45. 40-year term is the right choice for buyers in their 20s or early 30s who want the absolute longest rate lock available without committing to permanent insurance, or for buyers who want term coverage that reaches into traditional retirement age.
Decreasing Term Life Insurance: How It Works and Cost
Decreasing term life insurance is a term life policy whose death benefit drops on a fixed schedule over the life of the policy, typically aligned with a declining obligation like a mortgage payoff or business loan. Premiums are usually level, not decreasing, despite the falling death benefit. Decreasing term is much less common in the U.S. retail market than level term because the premium savings are typically small and the buyer is exposed to a coverage shortfall if the underlying obligation is paid down slower than the schedule assumes.
Convertible Term Life Insurance: How Conversion Works
Convertible term life insurance is a term policy that includes a conversion option allowing the policyholder to exchange the term policy for a permanent (whole or universal life) policy without a new medical exam. The conversion preserves the original health class even if the policyholder has developed a serious health condition since the original issue. This makes the conversion option one of the most valuable provisions in any term policy and is a deciding factor when comparing carriers.
Annual Renewable Term Life Insurance (ART): A Guide
Annual renewable term (ART) life insurance is a term policy that starts at a very low first-year premium and resets the premium higher every year as the policyholder ages. The death benefit stays level. ART is the cheapest first-year life insurance available, but the cumulative cost is much higher than a level-term policy over a 5 to 10-year horizon. ART is best used as a short-term gap fill, never as the primary income-replacement policy.
IUL vs Whole Life Insurance: 5 Key Differences To Know
Indexed universal life (IUL) and whole life insurance are both permanent life insurance products that combine lifetime coverage with cash value accumulation, but they differ on five fundamental dimensions: cash-value growth mechanism (IUL tracks a stock index with caps and floors; whole life grows by guaranteed rate plus dividends), flexibility of premium and death benefit, downside protection guarantees, ongoing carrier cost structure, and how dividends or interest are credited. Whole life suits buyers who want guarantees and dividend stability; IUL suits buyers who want upside participation with downside protection.
30 Year Term Life Insurance: Best Rates and Carriers
30-year term life insurance is the longest standard level-term length offered in the United States and locks your premium for a full 30 years. It is the right choice for young parents, homeowners with a 30-year mortgage, and any buyer who wants the longest available rate-lock without committing to permanent insurance. A healthy 30-year-old non-smoker can typically buy $500,000 of 30-year term for roughly $24 to $32 a month with a top-rated carrier.
Motorcycle Insurance Guide
Motorcycle insurance is a contract that covers liability, collision damage, theft, and riding gear for motorcycles, scooters, and ATVs. It is required by law in 49 of 50 U.S. states. The average rider pays around $700 per year, but rates vary widely by bike type, rider age, and state.
Renters Insurance Buyers Guide
Renters insurance is a contract that covers your personal belongings, liability, and additional living expenses while renting an apartment or house. It does NOT cover the building structure (that is the landlord's responsibility). The average U.S. renter pays $15 to $25 per month for $30,000 of personal property coverage with $100,000 liability.
Return of Premium Life Insurance
Return of premium (ROP) life insurance is a level term policy that refunds 100 percent of premiums paid if you outlive the term. Premiums typically cost 30 to 50 percent more than standard level term, but you get a tax-free refund at the end of the term if you do not die.
Medicare Guide
Medicare is federal health insurance for U.S. adults age 65+ and certain qualifying disabled individuals. Original Medicare has four parts: Part A (hospital), Part B (outpatient), Part C (Medicare Advantage), and Part D (prescription drugs). Medigap supplements (Plans A through N) fill coverage gaps in Parts A and B.
Haven Life Insurance Review
Haven Life was a digital life insurance brokerage founded in 2014 as a subsidiary of MassMutual. It pioneered instant-decision term life insurance with no medical exam. Haven Life closed to new applications in 2023, with existing policies continuing to be administered by parent MassMutual.
Homeowners Insurance Guide
Homeowners insurance is a contract that protects your home and possessions from fire, theft, storms, and liability claims. Required by every U.S. mortgage lender. The average premium for $300,000 dwelling coverage is $1,754 per year as of 2024, per the National Association of Insurance Commissioners.
Ladder Life Insurance Review
Ladder Life was a digital life insurance brokerage founded in 2017 known for its flexible "laddering" feature that let policyholders adjust coverage up or down over time. Ladder was acquired by Allstate in 2024 and no longer offers new policies under the Ladder brand. Existing in-force policies continue to be administered.
Banner Life Insurance Review (Legal & General America)
Banner Life is the U.S. life insurance arm of Legal & General Group, a London-headquartered global insurer founded in 1836. Banner Life consistently ranks among the most competitive carriers for fully-underwritten level term life insurance, particularly on 30-year and 40-year terms. Rated A+ (Superior) by A.M. Best.
North American Company Life Insurance Review
North American Company for Life and Health Insurance (NACOLAH) is an A+ rated life insurance carrier founded in 1886 and headquartered in West Des Moines, Iowa. As part of Sammons Financial Group, North American specializes in indexed universal life (IUL) and guaranteed universal life (GUL) products. Strong accelerated underwriting up to $1,000,000 for healthy applicants.
Health Insurance Guide
Health insurance is a contract that pays a portion of your medical care, prescription drugs, and preventive services in exchange for monthly premiums. Most Americans get coverage through employers, the federal health insurance marketplace (Healthcare.gov), Medicaid, Medicare, or directly from carriers.
Disability Insurance Guide
Disability insurance replaces a portion of your income (typically 50 to 70 percent) if you cannot work due to a covered illness or injury. According to the Social Security Administration, about 1 in 4 workers will experience a disabling event before retirement age. Without coverage, the financial consequences are often catastrophic.
Car Insurance Buyers Guide
Car insurance is a contract that pays for damage to your vehicle, injury to others, and liability claims from accidents you cause. Required in 49 of 50 states (New Hampshire is the exception). The average U.S. driver pays $1,895 per year for full coverage as of 2024.
Online Life Insurance Quotes: 8 Carriers Compared
Eight top-rated U.S. life insurance carriers now offer fully online applications with instant or 1-to-3-day decisions, no medical exam for healthy applicants under set face amount caps, and the same A-rated financial strength as traditional carriers. This guide compares each of them on no-exam cap, age eligibility, decision speed, and which buyer profile gets the best rate with each carrier.
Gerber Life Insurance Review
Gerber Life Insurance Company is an A rated U.S. life insurance company founded in 1967 as a subsidiary of the Gerber baby food company. While Gerber Life is now owned by Western & Southern Financial Group, it remains best known for the Gerber Grow-Up Plan, a children's whole life policy that automatically doubles its face amount at age 18.
National Life Group Insurance Review
National Life Group (NLG) is an A rated mutual insurance holding company founded in 1848 and headquartered in Montpelier, Vermont and Addison, Texas. NLG is best known for its LiveWell product line and for including the deepest and broadest set of living benefit riders (chronic illness, critical illness, terminal illness) in the U.S. life insurance market.
Life Insurance Investment Calculator (iROI)
The Insurancy iROI (investment Return on Insurance) calculator compares a term life insurance policy plus a separate investment account against a permanent whole or indexed universal life policy. See year-by-year breakdowns of premium, cash value, and projected returns to decide which strategy fits your goal.
Life Insurance Beneficiary Rules: A Complete Guide
A life insurance beneficiary designation overrides the will, which means a beneficiary form filled out 20 years ago can quietly redirect a $500,000 death benefit to an ex-spouse, a deceased family member, or even the estate (triggering probate). This guide walks through every rule that controls who gets paid: primary vs. contingent, per stirpes vs. per capita, the rules for naming minors and trusts, the community-property quirks in 9 states, and how to properly update a beneficiary after marriage, divorce, the birth of a child, or any major life change.
Whole Life Insurance
Whole life insurance is a permanent life insurance policy with locked-in premiums, a guaranteed death benefit, and guaranteed cash-value accumulation that lasts your entire life. Best for lifelong dependents, estate planning, business continuity, and conservative cash-value strategies.
Is Life Insurance Taxable? Payouts, Cash Value, and More
For the vast majority of beneficiaries, life insurance death benefits are federal-income-tax-free under IRC Section 101(a) when paid as a lump sum to a named beneficiary. However, there are five specific situations where part or all of a life insurance payout becomes taxable: the transfer-for-value rule, federal estate tax inclusion, interest earned on deferred installments, Modified Endowment Contract (MEC) classification, and cash value withdrawals above the cost basis. This guide walks through each scenario with examples, the IRS code section that governs it, and the structures that avoid each tax trigger.
Protective Life Insurance Review
Protective Life Insurance Company is an A+ rated U.S. insurer founded in 1907 and headquartered in Birmingham, Alabama. Owned by Japan's Dai-ichi Life Holdings since 2015, Protective is one of the most competitive carriers for fully-underwritten term life (Classic Choice Term) and guaranteed universal life (Custom Choice UL).
Final Expense Life Insurance
Final expense life insurance is a small whole life policy (typically $2,000 to $50,000) designed to cover funeral costs, medical bills, and other end-of-life expenses. Most policies have no medical exam, simplified underwriting, and approval within 24 to 48 hours. Ideal for ages 45 to 89.
AARP Life Insurance Review
AARP Life Insurance is not underwritten by AARP - AARP is a nonprofit advocacy organization that licenses its brand to New York Life Insurance Company. "AARP Life" products are New York Life products marketed exclusively to AARP members ages 50+. Understanding this relationship is critical when comparing coverage options.
Best Life Insurance for Families: 7 Carriers Compared
The best life insurance for a family covers two distinct risks: the loss of a working parents income (handled by term life on each working spouse, sized to 10 to 15 times annual income) and the loss of a stay-at-home parents unpaid labor (handled by a smaller term policy on that spouse). This guide compares the seven A-rated carriers most often recommended for family buyers (Banner Life, Protective, Pacific Life, Foresters, Mutual of Omaha, Ethos, and Fabric by Gerber), with sample rates by age, plus the math on how much coverage a typical family of 4 actually needs.
Assurity Life Insurance Review
Assurity Life Insurance Company is an A- rated mutual insurance company founded in 1890 and headquartered in Lincoln, Nebraska. Assurity specializes in supplemental and specialty products: return of premium term life, critical illness insurance, accidental death and dismemberment, and disability income insurance.
Best Age to Buy Life Insurance: What the Data Shows
The best age to buy life insurance is the age at which you first take on financial responsibility for someone else, because rates are locked at the age you apply and a healthy 30-year-old pays roughly half what a healthy 40-year-old pays for the same 20-year term policy. This guide shows monthly premiums by age across four common coverage amounts, the four life events that should trigger any buyer to apply now rather than later, and the financial cost of waiting one year, five years, and ten years to buy.
Are Life Insurance Premiums Tax Deductible?
For personal life insurance policies, premiums are not federal-tax-deductible. The exceptions are narrow but specific: business-owned life insurance used as a documented compensation tool, alimony-required policies issued under pre-2019 divorce decrees, premiums paid by a 501c3 charity that owns the policy, and group life insurance up to $50,000 per employee under IRC Section 79. This guide walks through each exception, the IRS rules that govern it, and how to structure the policy correctly so the deduction is defensible on audit.
Life Insurance for Parents: How to Buy a Policy on Their Life
Buying life insurance on a parents life requires the parents written consent, signature on the application, and a documented insurable interest - typically the adult childs financial responsibility for funeral costs, debts, or care expenses. This guide walks through who can buy, the carriers that issue through age 85, sample rates for final expense and term coverage, and the differences between final expense whole life (the most common product), guaranteed-issue policies, and traditional medically-underwritten term.
Accidental Death Insurance
Accidental death and dismemberment (AD&D) insurance is a supplemental policy that pays a tax-free lump sum if the insured dies in a covered accident or suffers a specified dismemberment. Premiums are low because the insured event is statistically rare, and underwriting is fast because there is no medical exam.
American National Life Insurance Review
American National Insurance Company (ANICO) is a Texas-headquartered insurer founded in 1905. After being acquired by Brookfield Reinsurance in 2022, American National exited the new life insurance market in 2023 and pivoted to property-casualty insurance and annuities only. Existing life insurance policies remain in force.
Ethos Life Insurance Review
Ethos Life is a digital life insurance brokerage founded in 2016 and headquartered in Austin, Texas. Ethos offers a 100 percent online application with instant decisions for term life coverage up to $2 million for healthy applicants ages 20-65. Ethos does not underwrite policies itself; coverage is underwritten by A+ rated Legal & General America (Banner Life) and other A-rated partner carriers.
Mutual of Omaha Life Insurance Review
Mutual of Omaha is an A+ rated mutual insurance company founded in 1909 and headquartered in Omaha, Nebraska. It is one of the broadest carriers in the U.S. life insurance market with strong offerings in term, no-exam term, simplified-issue and guaranteed-issue final expense, whole life, and universal life. Famous for the Mutual of Omaha Wild Kingdom sponsorship.
Guaranteed Universal Life Insurance (GUL)
Guaranteed Universal Life (GUL) is permanent life insurance with a fixed premium, a guaranteed death benefit, and a guarantee to age 90, 95, 100, or 121. Premiums are typically 30 to 50 percent lower than whole life of the same face amount because GUL is designed for the death benefit, not for cash-value accumulation.
Life Insurance for Babies: When It Makes Sense (and When It Doesn't)
Life insurance for a baby usually makes sense in only two narrow situations: when parents want to lock in lifetime insurability before a future health condition can develop, or when they want a small cash-value savings vehicle that the child can access at age 25 to 30. This guide compares the two product paths (a Child Rider on the parents policy, which is the cheapest option, vs. a standalone childrens whole life policy like Gerber Life Grow-Up Plan), shows realistic premiums and projected cash values, and walks through the financial trade-offs vs. a 529 plan or custodial Roth IRA.
Can You Borrow From a Life Insurance Policy? How Policy Loans Work
Permanent life insurance policies (whole life, universal life, indexed universal life, variable universal life) build cash value over time and most carriers let policyholders borrow against up to 90 percent of that accumulated cash value at the policys loan rate. Term life insurance has no cash value and cannot be borrowed against. This guide walks through how policy loans work, the loan rate (typically 4 to 8 percent), tax treatment, the 90 percent cap, and the most common policy-loan trap - what happens when the loan balance plus interest exceeds the cash value and the policy lapses.
Instant Life Insurance
Instant issue life insurance is a fully digital application that returns an underwriting decision in 10 minutes or less, with no paramedical exam and no agent call. Coverage is available up to $2 million for healthy applicants ages 20 to 65.
Affordable Life Insurance: How to Find the Cheapest Coverage
Affordable life insurance is the result of three buyer choices: the cheapest product type (term life), the lowest-rate carrier for your specific health profile, and an underwriting class that matches your actual health. This guide shows sample rates from the cheapest A-rated carriers, the 7 levers that move buyers into the lowest rate class, and the trade-offs between paying $11 a month versus $30 a month for the exact same coverage.
Pacific Life Insurance Review
Pacific Life Insurance Company is an A+ rated mutual insurance company founded in 1868 and headquartered in Newport Beach, California. Pacific Life specializes in permanent life insurance (guaranteed universal life, indexed universal life, variable universal life) for the high-net-worth and supplemental retirement income markets.
No Medical Exam Life Insurance
No medical exam life insurance is a policy that skips the paramedical exam (blood, urine, vitals) and uses accelerated underwriting instead. Coverage ranges from $25,000 to $3,000,000, with approvals returned instantly to within five business days.
The Life Insurance Application Process: How to Qualify
A life insurance application has three main components: a written questionnaire about your health, lifestyle, and finances; a public records check including MVR, prescription history, and MIB; and, for fully underwritten policies, a brief medical exam performed at your home or office. Understanding each step ahead of time is the difference between a 10-day approval at the best rate class and a 6-week back-and-forth at a higher rate class.
How to Get the Best Life Insurance Rates: 11 Proven Tips
The same 35-year-old can pay anywhere from $19 to $42 a month for the exact same $500,000 20-year term policy depending on which carrier they apply to and how the application is structured. This guide walks through the eleven adjustments that consistently move applicants into the lowest rate class and save the typical buyer $200 to $500 a year on the same death benefit.
Royal Neighbors of America Life Insurance Review
Royal Neighbors of America is a fraternal benefit society founded in 1895 in Council Bluffs, Iowa. It is one of the few major U.S. life insurance organizations founded and historically governed by women, with a focus on women-led households. Royal Neighbors offers term life, whole life, simplified-issue whole life, and guaranteed-issue whole life with included member benefits.
Buy Term and Invest the Difference (BTID): The Math + When It Wins
Buy Term and Invest the Difference (BTID) is the strategy of buying inexpensive term life insurance instead of whole life and investing the monthly premium difference in a low-cost diversified portfolio (typically an S&P 500 index fund or target-date retirement fund). The math is compelling for most buyers because term costs 5 to 20 percent of whole life for the same death benefit and the difference, invested at a 6 to 8 percent average annual return, typically grows to more than the cash value of the whole life policy would have. This guide breaks down the math with realistic numbers, the four buyer profiles where BTID wins, and the three buyer profiles where whole life or IUL actually beats BTID.
Life Insurance With Living Benefits
Life insurance with living benefits (also called accelerated benefit riders or ABRs) lets you access a portion of the death benefit while you are still alive if you are diagnosed with a chronic, critical, or terminal illness. Most A-rated carriers now include these riders at no extra cost, and the payouts are typically income-tax-free.
Sell Your Life Insurance Policy Guide
A life settlement is a transaction in which a life insurance policyholder sells their policy to a third-party investor for a lump-sum cash payout that is more than the policy's cash surrender value but less than the death benefit. Life settlements are typically available to insureds age 65 and older with policies of $100,000 or more.
Guaranteed Acceptance Life Insurance
Guaranteed acceptance (also called guaranteed issue or GIWL) life insurance approves everyone with no medical exam and no health questions. Coverage is limited to $2,000 to $25,000 per policy, and most policies have a 2-year modified-benefit waiting period during which natural-cause deaths return premiums plus interest rather than the full face amount.
How to Read Your Life Insurance Policy (in Plain English)
A life insurance policy is a 30 to 60 page legal contract that most policyholders never actually read. This guide walks through every section in plain English so you know exactly what you bought, what your beneficiary will receive, what could void the policy, and what options you have for converting, borrowing against, or changing the policy down the road.
Foresters Financial Life Insurance Review
Foresters Financial is an A rated fraternal benefit society founded in 1874 and headquartered in Toronto, Canada. It is one of the largest fraternal life insurance providers in North America. Member benefits (orphan grant, scholarship, family health benefit) are included at no extra cost with every policy.
How to Buy Life Insurance: A Step-by-Step Buyer's Guide
Buying life insurance comes down to four decisions: how much coverage you need, how long it should last, what type of policy fits your situation, and which carrier will underwrite you for the lowest rate. This guide walks through each step in plain English and shows how to avoid the mistakes that quietly cost most buyers thousands of dollars over the life of a policy.
Business Insurance Guide
Business insurance is a portfolio of policies that protects a company from financial loss due to property damage, lawsuits, employee injuries, professional errors, and cyber attacks. The most common policies are general liability (GL), Business Owner's Policy (BOP), workers compensation, and professional liability (E&O).
Corebridge Financial Life Insurance Review
Corebridge Financial is an A rated life insurance company that spun out of AIG in 2022 and IPO'd on the NYSE. It markets the legacy AIG life insurance product portfolio, including Select-a-Term, Quick Issue Term, Quality of Life Insurance with strong living benefits, and Guaranteed Issue Whole Life.
Join a Group That Offers Life Insurance
While group life insurance policies have been declining for the last decade, it offers various benefits you can’t find in individual life insurance policies.
Join a Group That Offers Life Insurance - A Complete Guide
While group life insurance policies have been declining for the last decade, it offers various benefits you can’t find in individual life insurance policies.
Is Primerica a Pyramid Scheme?
An in-depth review from a past Primerica agent.
What to Do When You Get in a Car Accident: A Step-by-Step Guide
This step-by-step guide will provide the necessary information to help you navigate the aftermath of a car accident.
Life Flight Ambulance Cost
A life flight ambulance will cost up to $25,000. But, there are annual life flight membership programs that will cover this cost for you.
Debunking 21 Myths about Life Insurance
Insurancy is here to debunk 21 common myths about life insurance.
Life Insurance Statistics (2023) - United States Industry Facts and Figures
Factors such as generation, household income, and race/ethnicity play a role in how consumers perceive life insurance. Let’s take a look at some life insurance stats and facts. They help to tell the story of life insurance and how various consumers perceive, research, and purchase it.
What Is Bereavement and End-of-Life Support?
Those who work with bereaved people, like end-of-life nurses, often must help facilitate the process of grieving, and to do that, it’s beneficial to understand what bereavement and grief look like for different people.
Selecting Life Insurance When HIV Positive: Essential Guide
Can you get life insurance if you have HIV? Read Insurancy’s guide to getting life insurance for HIV patients and get answers to frequently asked questions.
How Much the Biggest Pharmaceutical Companies Make Every Second
Which of the largest pharmaceutical companies make the most revenue? The research team at Insurancy put together a list of the 25 top pharmaceutical companies
What Pet Insurance Does Doesn't Cover
Find The Best Policy Find The Best Policy Start If getting health insurance for your furry friend has been on your mind, it pays to know what is generally covered and what isn't.
End of Life: A Grief Support Resource Guide
There is nothing in life worse than the death of a loved one. Grief is real and has both mental and physical symptoms. It’s important to remember that even the very worst grief is survivable.
Getting Car Insurance Without a License: 3 Smart Steps
If you’re wondering, “Where can I get insurance without a license?”, you’ve come to the right place. Learn this answer to this question and more.
Life Insurance Needs Calculator
Getting started with life insurance can be overwhelming. For most individuals, the question they ask themselves after whether or not they need life insurance, is how much. Most people underestimate how much life insurance they need. In addition they overestimate the cost by 200%.
Health Resources for End-of-Life Care
The wide range of what the end of life looks like for different people causes some uncertainty when people plan for their own end-of-life care or that of a beloved family member.
What to Do If You Get Pulled Over for DUI
The decision to drink and drive could get you in trouble with the law and lead you to jail, especially if you don't know your rights or how to respond to the police officer's questions during the interrogation.
Is Long-Term Disability Insurance Worth It?
Long-term disability insurance can provide a financial cushion in case an illness or injury keeps you out of work for an extended time. However, there are a few things to keep in mind before deciding on a long-term disability insurance policy.
Healthy Paws Pet Insurance Review
Find The Best Policy Find The Best Policy Start A Healthy Paws pet insurance plan covers your pet in the event of an accident, emergency, or illness, such as cancer or a genetic condition. It is available for dogs and cats under the age of 14 years with no pre-existing conditions.
How To Find Car Insurance When Moving to a New State
Moving from one state to another involves all sorts of tasks, and making any needed changes to your car insurance should be near the top of your to-do list.
What Is Supplemental Life Insurance?
Purchasing life insurance is an effective way to protect your family from financial distress when you pass away. However, the wide range of options available makes choosing the right policy confusing.
Life Insurance for Married Couples
Life insurance is a wise financial investment for most adults. However, many married couples may wonder if the monthly costs are worth the security life insurance can provide.
Renter's Insurance Guide
Renter's insurance can give you peace of mind that you're protected in case of theft, extreme weather, and accidents occurring in your home. Learn what renter's insurance is, what it does and doesn't cover, and how to find a policy.
Best Car Insurance for 17-Year-Olds
Insuring a teen driver can be a big expense, potentially costing thousands per year. Families with a 17-year-old driver in the home do have options for saving money, though.
Best Car Insurance for 16-Year-Olds
Becoming a licensed driver is exciting, but it also comes with expenses. One of the biggest expenses for 16-year-old drivers or their families is car insurance.
Is Life Insurance Worth It?
Whether life insurance is worth it depends largely on your circumstances.
Understanding Collision Auto Insurance Coverage
How much your auto insurer pays in the event of a collision depends on the details of your policy. The same is true for how much you might end up out of
Can You Get Disability Insurance If You Are Self-Employed?
Self-employment is an exciting way to earn a living as it allows you to be your own boss and build your own business. However, self-employment can also be risky. You're responsible for obtaining your insurance, paying your taxes, and saving for retirement on your own.
What Is a Guaranteed Renewable Disability Insurance Policy?
A disability insurance policy can give you the peace of mind of knowing you'll continue to receive a paycheck if you become disabled and cannot work for a long period of time.
What is the Best Car Insurance For Commuters?
Commuting to and from work every day can put miles on your car quickly. For that reason, commuters often pay more for car insurance than people who only drive their cars for pleasure.
Best Car Insurance For 20-Year-Olds
If you've already been driving for a while by the time you get to your 20th birthday, you probably already know that auto insurance can be expensive for young people.
What Is the Best Car Insurance With a Bad Driving Record?
A bad driving record can raise your car insurance rates. When you have accidents and moving violations, auto insurance companies consider you a higher risk, and they charge more in premiums to compensate for that risk.
6-Month VS. 12-Month Auto Insurance Policies
Car insurance companies offer policies with different term lengths. The two most common are 6 months and 12 months. Both types have benefits and drawbacks. Here are the answers to the most common questions about 6-month vs. 12-month auto insurance policies.
Can I Get Auto Insurance On a Rebuilt Title?
Cars with rebuilt titles are appealing because of the savings buyers see over buying a similar vehicle with a clean title. However, making one street legal isn't as straightforward
Best Car Insurance For 21-Year-Olds
Turning 21 is often seen as a milestone for adulthood, as society starts viewing you as an adult more than ever before.
Does Auto Insurance Follow Car or Driver?
Your marital status can impact what you pay for auto insurance. Car insurance companies consider married drivers to be more financially stable and more risk-averse than unmarried drivers. Both of these factors signal less risk to the insurance company, which translates to lower premiums for the driver.
What Is the Best Insurance Policy for a Leased Car?
Leasing a car offers several benefits.
Best Car Insurance For 22-Year-Olds
There are many reasons a 22-year-old might be in the market for car insurance. Perhaps you just graduated college and are moving to a new state for your first real-world job.
Life Insurance for Young Adults
Life insurance is an essential financial investment that, unfortunately, many people do not think about until after they need it.
Best Car Insurance For 19-Year-Olds
On average, people pay around $140 per month for car insurance. Many factors impact the cost for each individual, though, including the type of coverage purchased and what kind of car is being covered.
Car Insurance Rates for Married VS. Single Drivers
Your marital status can impact what you pay for auto insurance. Car insurance companies consider married drivers to be more financially stable and more risk-averse than unmarried drivers. Both of these factors signal less risk to the insurance company, which translates to lower premiums for the driver.
Why Do You Need Insurance for a Rental Car?
Millions of rental cars are used each year. Like nearly every other vehicle on the road, they have to be covered by an insurance policy. A thorough understanding of what rental car insurance is, why it's essential, and where you can get it is crucial before renting a vehicle.
Why Compare Auto Insurance Quotes Online?
Auto insurance is necessary for almost anyone who owns or drives a vehicle. Because it's a monthly expense, you'll want to save as much money as possible while maintaining a high level of coverage. Comparing auto insurance quotes online can help with this.
Understanding Comprehensive Insurance
Comprehensive insurance covers most of the bad things that can happen to your vehicle, except for traffic collisions. If your paint job gets damaged by hail, your car is vandalized, or a bear breaks in and destroys the interior, it's your comprehensive insurance that will pay for the damages.
Adjustable Life Insurance Explained
Adjustable life insurance policies offer more ways to grow your death benefit amount while remaining flexible enough to help with unexpected expenses that may occur while paying into the policy.
What Is Group Disability Insurance?
Any time you're unable to work for an extended period due to a health condition, it's called a disability.
Do I Need Insurance to Register a Car?
Everyone knows that across most of the country you need car insurance to drive a vehicle. But what about when you first purchase a vehicle? Do you need insurance to register it at your local department of motor vehicle office? The answer varies based on where you are.
Can You Insure a Car You Don’t Own?
In most cases, car insurance policies are designed to cover a car owned by the policyholder.
Best Car Insurance for 18-Year-Olds
Whether you're just getting your license or looking into the expense of moving out and living on your own after graduation, car insurance costs can be a big consideration.
Top Colorado Motorcycle Insurance: 5 Affordable Options
What are the cheapest motorcycle insurance providers in Colorado? Get free quotes and compare rates through Insurancy today.
Dairyland Motorcycle Insurance Review
Read our comprehensive Dairyland motorcycle insurance review to help you decide whether or not this product is the best one for you.
Do Car Dealerships Offer Temporary Insurance?
One of the most important, aside from financing details, is the right insurance. If you finance a vehicle, you're required to have full-coverage insurance before leaving the lot.
Using SSA.gov for Your Social Security and Medicare Benefits
Learn about the Social Security Administration (SSA) and the SocialSecurity.gov website. We help you take control of your Medicare coverage.
Does Medicare Cover Dental?: Understanding Medicare Dental Coverage
Medicare Part A and Medicare Part B do not provide coverage for standard dental care and require either a separate dental policy or a Medicare Advantage (Part C) policy to cover your routine dental needs.
Medicare vs. Medicaid: What Is the Difference?
Medicare is a federally funded program that provides healthcare coverage for people over 65 and those who have severe disabilities. Medicaid is a federal and state program intended to provide healthcare for low-income individuals and families.
Medicare Eligibility: When Am I Eligible For Medicare?
Individuals are eligible for Medicare when they reach the age of 65, are diagnosed with a severe medical condition, and/or receive Social Security benefits.
Surrogate Health Insurance
What type of surrogacy insurance would be best? What is covered by the health insurance? The cost of buying the insurance.
Best Car Insurance for Drivers with Bad Credit
Even with bad credit, this does not automatically translate to sky-high rates. You can find reasonable premiums if you know how and where to look.
Life Insurance in an Irrevocable Trust - How Does It Work
Ensure that your policy is used in the best way to benefit your dependents.
5 Star Life Insurance Review
5Star Life is a relatively new company, founded in 1996 as part of the Armed Forces Benefit Association (AFBA). The AFBA has been offering life insurance to service members since 1947.
Figo Pet Insurance Review
Find The Best Policy Find The Best Policy Start
Individual Disability Insurance
Find The Best Policy Find The Best Policy Start Disability policies are there to cover you in the event that you can’t work, either because of illness or injury.
Accelerated Death Benefit Rider
An accelerated death benefit rider gives you access to your life insurance death benefit, while you are still living. The pay-out is accelerated, meaning, you do not have to wait for death to occur to receive it.
Mortgage Life Insurance Quotes
Mortgage insurance is a life insurance policy meant to pay off one’s mortgage(s) upon death, so dependents don’t have to worry about monthly payments.
Insurancy Founder Brian Greenberg Selected for Million Dollar Roundtable
Moral: Don’t bother your customers, and they’ll reward you with their business!
Marijuana and Life Insurance: Understanding the Changing Landscape
Getting good rates on life insurance as a marijuana smoker is largely based on the frequency you consume and the insurance company’s rules regarding it.
Independent Insurance Agent: How You Benefit
An independent agent works for you and is not tied to any insurance company.
Medicare Supplements
Finding the best Medicare Supplement plan to meet your needs is key to ensuring your future health care. Compare plans and determine which is right for you.
Mutual of Omaha Cancer, Heart attack Stroke insurance
Mutual of Omaha is well-known for its life insurance products. But they also offer a unique product that pays while you are still alive.
Benefits of using an independent life insurance agency
You have a few options when it comes to how and where to buy life insurance. Here are three reasons why buying from an independent agency can make sense.
Which Jobs And Hobbies Affect Life Insurance Rates?
Skydiving, among other hobbies, may be a blast to do, but they will also affect your life insurance rates. Depending on the company, you may be downright denied.
Medicare Part A
Medicare Part A is the hospital/inpatient coverage portion of the traditional Medicare program provided by the federal government. Medicare Part A covers
Life insurance for seniors
It’s possible to buy affordable, quality life insurance, even at a later stage in life. We’ll cover the different options available to you, based on your age and health.
Who Qualifies for Free Medicare Part A
Free Medicare Part A will start at age 65 as long as you are:
Commercial Auto Insurance Arizona: Options, Rates & Tips
Need Arizona commercial auto insurance? Learn more about AZ commercial insurance and compare quotes through Insurancy.
Why Women Need Life Insurance - Statistics
Studies, statistics, and reasons why women need life insurance.
Find Mesa Car Insurance: Companies, Quotes & Discounts
Looking for car insurance in Mesa, AZ? Let Insurancy compare companies and quotes for you to help you decide which one is best for your needs.
Washington State Long-Term Care Tax
WA Cares Fund is a long-term care insurance tax of .058% of gross wages of workers in the state of Washington. November 1, 2021, is the deadline to avoid the new tax by purchasing a private long term care policy.
Commercial Auto Insurance Georgia: Options, Rates & Tips
Want to know more about commercial auto insurance in Georgia? Read Insurancy’s guide then get a free quote to compare the best rates.
Insurancy Investment Survey 2022 Statistics
Online apps, cryptocurrency, internet investing, robo-advisors, gender differences, and more.
Life Insurance And Coronavirus, Covid -19
Has Coronavirus affected the way people look at life insurance? See statistical results from our Covid-19 Study.
Find Tucson Car Insurance: Companies, Quotes, & Discounts
Looking for high-quality and affordable car insurance in Tucson? Insurancy can help! Read our complete guide to buying auto insurance in Tucson to get started.
Hired and Non-Owned Auto Coverage: Business Owner's Guide
What is hired and non owned auto coverage and why would a business owner need it? Get a free quote from Insurancy to determine which works best for you.
Personal Loan Protection Insurance
When Thinking of Getting One What You Should Know?
Expecting? Here's How to Get Life Insurance While Pregnant
If you’re expecting, you’re probably wondering, “Can you get life insurance while pregnant?” We’ll answer this and more in our guide to life insurance.
Find Scottsdale Car Insurance: Companies, Quotes, & Discounts
Want to know where and how to find the best car insurance in Scottsdale, AZ? Read this guide to get started. Questions? Insurancy can help!
Cheap Car Insurance in Arizona: A Smart Driver's Guide
Finding cheap car insurance in Arizona can be made easier with the right partner. Learn more about auto insurance rates in AZ through this guide by Insurancy.
5 Food Truck Insurance Options That Won't Break the Bank
Looking for affordable food truck insurance that offers the coverage that your business needs? Check out Insurancy’s guide to 5 best food truck insurance companies.
Dave Ramsey Life Insurance - What Does He Recommend?
Dave Ramsey has three firm opinions about life insurance.
Best Indexed Universal Life Companies
Indexed universal life insurance provides permanent life insurance protection, cash-value accumulation, and growth - via fixed and indexed accounts.
Best Indexed Universal Life Companies - A Complete Guide
Indexed universal life insurance provides permanent life insurance protection, cash-value accumulation, and growth - via fixed and indexed accounts.
Simplified Issue Whole Life Insurance
There are several types of simplified issue whole life products, including traditional, final expense/burial, and guaranteed issue. The product that is best for you depends on your age and health history.
Exactly How To Get Insurance With a Suspended License
Can you get insurance with a suspended license? This guide offers tips on getting the best car insurance possible even with a restricted license.
Is the Disability Income Rider Worth It?
Adding a disability income rider to their life insurance policy is a good choice for anyone who needs a monthly income to meet their ongoing financial obligations.
What is an auto insurance binder?
An auto insurance binder is a common resource that drivers get from a car insurance provider for proof of insurance. When do you need a binder? Where to you get a binder?