Loans have been a common lending solution for many small business owners. One common loan program is the small business loan program administered by the US Small Business Administration (SBA). In many cases, SBA lenders require borrowers to secure life insurance to cover the SBA loans.

In this guide, we discuss the SBA loan requirements and when/how life insurance fits into the process. We will also discuss estimated costs and special situations where you may have a lifestyle or health condition preventing you from obtaining life insurance.

Continue reading How to Secure Life Insurance when Applying for SBA Loans [Easy Process & Approval]

Are you looking for a $10,000 whole life insurance policy? Many options exist; however, you want to ensure you purchase the right type of policy.

$10,000 is a popular coverage amount because the average funeral costs about $8,000 here in the United States. That is an average. In some parts of the country, a funeral costs more. In other parts, it will cost less. Moreover, generally speaking, cremations cost much less compared to a funeral.

Continue reading Your Best Cost For $10,000 Whole Life Insurance Policy [By Age & Health]

Do you know many reasons exist why a life insurance company won’t pay out a death benefit?

You want to know what these reasons are, right?

I have compiled 21 reasons why a life insurance company won’t pay out the death benefit.

This is a good list of activities to AVOID.

Continue reading 21 Reasons Why Your Life Insurance Won’t Pay Out | Although These Situations Don’t Happen Often, They Can Happen