Some say yes, others say no. We at My Family Life Insurance say yes; however, as we always have said, the decision depends on your unique situation. Is accident insurance worth the money for you? Read on to find out more. In today’s health care and insurance environment, chances are, it is. [Read more…]
Don’t think you need disability insurance? One in 3 working adults will experience a disabling injury or illness lasting longer than 90 days. Considering that the odds that your house will burn down is 1 in 100, and you probably have an adequate amount of homeowner’s insurance, isn’t it time to protect your paycheck in case you can’t work due to a disability? [Read more…]
As they say, “It’s all in a name.” In this case, the disability definition determines whether or not you will receive benefits from your claim.
Let’s set an example of how important it is to understand your policy’s definition of disability.
What Happens If You Lie On A Life Insurance Application?
The answer: it depends on the intent.
If you don’t know what the phrase “living benefits” means in the context of life insurance, don’t worry; we didn’t either as it was new to us at one point, too. “Living benefits” are benefits available to you during your life, rather than at death (very obvious 🙂 ). [Read more…]