Term life insurance is a type of life insurance policy that provides coverage for a specific period, typically ranging from 5 to 30 years. Unlike permanent life insurance, term life insurance is designed to provide protection for a set term, after which the policy expires....
When you plan to buy life insurance, you may think about whether its premiums are tax-deductible. However, the answer depends on several factors, such as the type of policy and whether or not a business pays the premiums. Let us look at the different ways...
Everyone wishing to run their business or provide financial stability to their dependents even after their unfortunate death should buy a life insurance policy. However, before buying, you must find out whether you are eligible to get the coverage or is there anything that could...
Certain occupations involve high risks, sometimes making it difficult to get the right life insurance plan. Insurers favor low-risk clients for all types of coverages, especially life insurance. Engaging in an activity regularly that can cause death or injury puts you in a vulnerable position...
Life insurance is designed to be paid upon the death of the insured to their beneficiaries. Term life and whole life both pay out death benefits, but they do so in different ways and are designed for two distinct purposes. Before you decide to buy...
Many people think that acquiring life insurance is confusing. At Dougherty Insurance, we can help resolve any doubts that you may have regarding this type of policy. Having all of your concerns addressed is important if you are trying to secure your family's financial future....
Although risks cannot be completely avoided, their potential effects can be mitigated with insurance. One such kind of insurance is term life insurance. This article aims to provide you with a basic understanding of term life, what it entails, its advantages, etc. Read on to...
The main purpose of a life insurance policy is to cater to the financial needs of the beneficiaries listed in the policy agreement. In this article, we will consider what happens to life insurance after the death of the insured. Collecting Life Insurance Benefits Usually, the insurance...
The various types of life insurance for business owners is sure to help you decide how much life insurance you need for your business and what kind of policies you should consider. Types of Life Insurance for Business Owners The policy you choose as a business owner...
Life insurance is an agreement or contract where an insurance company pays a specific sum of money to the insured person's family after his/her death. Life insurance payments are made in exchange for premium payments. Premiums are payments made periodically by the insured to the...
