Our Response to COVID-19
During this time of uncertainty, our focus is to keep you, our staff, and our community safe. We would like to reassure you that Low Cost Life Insurance continues to be open for business. We are [...]
Life Insurance Rates are at a 20-Year Low
If you’ve been thinking about getting a life insurance policy or reconsidering an existing one, now may be the perfect time to make a move. That’s because life insurance rates are currently at a [...]
You Don’t Have to Be in Perfect Health to Get Term Life Insurance
A common misconception about term life insurance is that good health means perfect health — that anything short of a perfectly clean bill of health will either disqualify an applicant or make the [...]
Life Changes That Should Trigger a Coverage Review
Term life insurance is designed to be low-maintenance. You choose a coverage amount and a term length, pay your premium, and your policy does its job in the background. For most people, [...]
What Happens If You Miss a Life Insurance Payment?
What Happens If You Miss a Life Insurance Payment? Many people assume that if they miss a life insurance payment, their policy immediately disappears. Fortunately, that’s usually not how it [...]
What Is a Conversion Option on a Term Life Policy — and Will You Ever Need It?
What Is a Conversion Option on a Term Life Policy — and Will You Ever Need It? When reviewing a term life insurance policy, you may notice a feature called a conversion option or convertible [...]
Underwriting Basics: What Insurers Look At (And What You Can Control)
Underwriting Basics: What Insurers Look At (And What You Can Control) When you apply for term life insurance, the insurer reviews a few key details about your health and lifestyle. This [...]
Term Length Strategy: 10, 20, 30 Years (and When “Laddering” Makes Sense)
When it comes to buying term life insurance, one of the first decisions you’ll make is how long you want your coverage to last, or your term length. Choosing the right one is all about matching [...]
Beneficiaries 101: The Simple Updates That Prevent Headaches Later
It is incredibly common when you first purchase your term life insurance policy to list a beneficiary without giving it too much thought. This is why we encourage our clients to take a second [...]
Your 15-Minute Term Life Check-In for the New Year
The start of a new year is a natural time to review the things that matter most—your goals, your finances, and your family’s needs. While term life insurance doesn’t require much day-to-day [...]
The Role of Term Life Insurance in Divorce Settlements: What You Need to Know
Divorce can be complicated, especially when it comes to long-term financial obligations like alimony and/or child support. One practical tool often used to help protect those agreements is term [...]
Navigating Term Life Insurance for Blended Families: Making Beneficiaries Clear and Fair
Navigating Term Life Insurance for Blended Families: Making Beneficiaries Clear and Fair Blended families can bring a lot of joy to your life, and can also create a little complexity when it [...]
