What’s The Life Insurance LexisNexis Risk Classifier Score Really About?

Updated: May 28, 2022 at 9:52 am

I guaranteed you’ve never heard of the LexisNexis Risk Classifier Score. Yet, it plays an important role in insurance.

John, this sounds like it belongs in outer space, you say.

Ha. No. The risk classifier score is simply a consumer report that many insurance companies use to assess risk. In fact, a majority of life insurance carriers use it during the underwriting process.

This is why you need to know more about it because it can make an impact on the insurance approval decision.

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How Pilots Protect Their Wealth With Disability Insurance | Through A Unique Policy Called Loss-Of-License Insurance

Updated: June 20, 2022 at 6:35 pm

Commercial, corporate, or professional pilots may wonder about disability insurance.

But, like anything, life happens, and this insurance takes a back seat.

If you are a pilot, I think you’ll agree with me that your job is stressful, but you enjoy it.

However, your job and the lifestyle you worked hard for can vanish in a flash.

Have you ever thought about what could happen if you could no longer do your job?

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The Right Way To Buy Burial Insurance For Parents Approved Today! | It’s An Easy Process If You Follow The Right Steps

Updated: May 28, 2022 at 9:53 am

It’s a fact that one day, we all pass away. This fact includes our parents, and burial insurance helps pay for their funeral and final expenses.

It also gives you, as the child, peace of mind knowing that this situation is covered.

Did you know that you can buy burial insurance for your parents? You can. We have helped many children do so for their parents.

However, like anything, there is a right way of going about something and a wrong way.

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3 Advantages Of Business Overhead Expense Insurance | Here’s Why Business Owners Should Consider This Unique Insurance

Updated: January 15, 2022 at 7:05 am

If you are a small business owner, say a hairstylist, and suddenly disabled, have you ever thought about how you would pay your studio rent? Thankfully, this is where business overhead expense insurance helps.

Oh, John, you say. I already have this insurance.

No. You probably don’t. You probably have business interruption insurance. That is through your commercial liability insurance. That is completely different.

What I am talking about is a policy that pays your business expenses if you can’t work due to an illness or injury. How will you pay your business rent, payroll, county taxes, etc. if you can’t work?

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4 Reasons Why Indexed Universal Life Insurance Is A Good Investment For Children | We Discuss The Advantages, Disadvantages, And Other Options

Updated: January 5, 2022 at 8:07 pm

Many parents and grandparents purchase life insurance on their children or grandchildren. Usually, the life insurance is a whole life insurance policy. Did you know that indexed universal life insurance is a great option for children?

John, I heard these have too many moving parts and a waste of money, you say.

Well, yes and no. We have discussed some of the disadvantages of indexed universal life. Additionally, we will dive into some of the details of indexed universal life insurance.

But, indexed universal life insurance might be a solid investment for children and grandchildren.

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