Insurance Policy FAQs & Basics

Key Person Life Insurance: When Does It Make Sense for a Business Learn how and why businesses may consider key person life insurance policies to cover the possible loss of a valuable business executive or employee. Lance Cothern Kevin Mercadante What You Need to Know About Pay-Per-Mile Car Insurance Car insurance companies offer different ways for drivers to save money on their... Valencia Patrice Higuera Homeowners Insurance Lapse: What Happens If There's a Gap in Coverage Homeowner’s insurance is important whether you have a mortgage or you’ve paid off... How to Buy Life Insurance: A Step-by-Step Guide Follow this step-by-step guide to buying your first life insurance policy so that you ensure that loved ones are financially secure with the right coverage. Kevin Mercadante Home Insurance Declaration Page: The Key Details of Your Policy Find out what details are summarized in your homeowners insurance declaration page so that you know exactly what and how much coverage you have on your home. Valencia Patrice Higuera Lance Cothern The 8 Most Common Life Insurance Riders Buying life insurance coverage to protect your loved ones financially is usually a... Kevin Mercadante Life Insurance Rules: How to Prove Insurable Interest Not only can you purchase a life insurance policy for yourself, but you can also... How to Manage Homeowners Insurance for Home Renovations and Repairs Learn how to handle your homeowners insurance policy before, during, and after major home renovations or repairs to ensure proper coverage. Valencia Patrice Higuera What To Do If You Cannot Pay Your Life Insurance Bill Find out what options are available to you when you cannot afford to pay the life insurance premiums, including what happens if your policy lapses. Lance Cothern Kevin Mercadante MIB Insurance Report: What You Need to Know & How to Get Free Copy If you’re thinking about buying life insurance, you likely have lots of... Kevin Mercadante What is Credit Life Insurance and Do You Need It? If you have a mortgage, personal loan or auto loan, you might have been offered... How to Save on Life Insurance With the Ladder Strategy Learn how to use the ladder strategy to save on life insurance premiums in the long run by reducing coverage needed as time passes. Lance Cothern How to Get U.S. Life Insurance as a Foreign National Find out how you can get a life insurance policy in the U.S. if you're a foreign national, including how to prepare for special requirements that must be met. Kevin Mercadante Kevin Mercadante How to Lower the Rate on an Existing Life Insurance Policy After Health Improvements If you have life insurance and when you first applied, you were in... Geoff Williams Tesla Insurance: How to Get Auto Insurance for Your Tesla Vehicle So you’re buying an electric car from Tesla when the salesperson or maybe the... Open Enrollment Period: Why It's So Important for Health Insurance Find out how the open enrollment period may apply to when you're able to apply for health insurance coverage outside of any qualifying special events. Kevin Mercadante What Smokers Should Know About Buying Life Insurance Find out how buying life insurance may be different for smokers, especially when it comes to the impact on the cost of premiums. Kevin Mercadante Lance Cothern Who Should Have Survivorship (Joint) Life Insurance? Life insurance offers a way to protect your loved ones financially. If you die,... Lance Cothern Life Insurance vs. Annuities: How Are They Different? If you’re drawing up your retirement plan, you may have been subjected to a sales... How and Why to Convert Term Life to Permanent Life Insurance Find out why you might consider converting a term life insurance policy to a permanent life insurance policy and what you can expect from the conversion. Kevin Mercadante How Hybrid Life Insurance Can Also Pay for Long-Term Care Learn how hybrid life insurance works when it also provides long-term care coverage in additional a standard life insurance policy benefit. Lance Cothern Lance Cothern Life Insurance & Suicide: Does Life Insurance Pay for Suicidal Death? People buy term life insurance and other types of life insurance to cover their... Valencia Patrice Higuera How Loss-of-Use Coverage Works With Homeowners Insurance Homeowner’s insurance is a necessity when you own a home. It covers damages to... SR-22 Coverage and Car Insurance for High-Risk Drivers Learn about SR-22 coverage as an add-on to your car insurance policy when you're considered a high-risk driver due to serious infractions, such as DUIs. Kevin Mercadante What is a Life Insurance Waiting Period? Find out how the life insurance waiting period affects the benefits paid out if you die soon after your life insurance policy begins. Kevin Mercadante Geoff Williams How to Avoid Life Insurance Fraud Upgrade “churning” Be careful about these situations. This is a case in... Valencia Patrice Higuera Health Insurance Plan Comparison: HMO, PPO, EPO Differences Explained Health insurance provides some financial protection for injury, illness, or... Split-Dollar Life Insurance Plans: How Do They Work? Learn how split-dollar life insurance plans work and what to consider before entering one of these arrangements. Lance Cothern Vision Insurance: Do You Need It? Find out how vision insurance works to maintain your eyesight and determine whether you should pay the additional premiums or pay out-of-pocket. Kevin Mercadante