Why A Single Person Needs Life Insurance

Updated: April 12, 2024 at 9:40 am

Businessman reading documentsA single person doesn’t need life insurance, right?

You may have friends with children or are aware that a married couple should have some level (a good level) of life insurance in case of premature death.

However, as a single person, you may wonder if you need life insurance. You aren’t married and have no children. You have resources, so really what is the need? No one relies on your income, right?

Well, that really isn’t the right attitude to have. A single person could likely need life insurance. There are many common scenarios, including one we all can’t avoid.

In this article, we discuss the reasons why a single person needs life insurance. Continue reading Why A Single Person Needs Life Insurance

Your Final Expense Insurance Could Be Taken By Nursing Homes – Unless You Do This

Updated: April 12, 2024 at 9:40 am

Elder Man Is Too Weak to Walk UnaidedIf you have a final expense life insurance policy, you probably don’t think it could affect your care in nursing homes.

We know you did the right thing. You purchased a final expense insurance policy to take care of your burial expenses and leave some money to your spouse or surviving heirs upon your death. And, you feel good about the decision. It is a good one: you don’t want them to worry about paying for a funeral while grieving. Of course, you want to leave a legacy for your family as well.

But you weren’t aware of a potential problem with nursing homes and life insurance (which is final expense insurance).

Continue reading Your Final Expense Insurance Could Be Taken By Nursing Homes – Unless You Do This

Who Is United Farm Family Life / United Home Life?

Updated: April 12, 2024 at 9:40 am

Life Insurance ReviewWe are sure you have never heard of United Farm Family Life/ United Home Life (The company either is UFFL or UHL depending on the state you live). They are a life insurance company. You might say to yourself, “Duh, coming from this website, what else they would be?” Well, what you don’t know is that they are very unique. They operate in a niche, and they help provide life insurance to people quite well. In this article, you will learn some of the strengths of UFFL/UHL , and if they are a good fit for your situation, either now or some time down the road. The below is the opinion of My Family Life Insurance only. Continue reading Who Is United Farm Family Life / United Home Life?

Life Insurance: What Is The MIB?

Updated: April 12, 2024 at 9:40 am

What is the MIBHave you ever heard of the MIB? Nope, in this case, we aren’t talking about a bunch of men, dressed in black, looking for aliens. You may have heard of this acronym if you applied for any type of personal insurance (life, health, disability, critical illness, and long-term care) on yourself. Contrary to what you may have heard from another agent or think, the MIB isn’t some evil organization out to “get you” (or find aliens).

In this article, we will describe the importance of the MIB and their role in the underwriting process. After reading this article, you may even be happy the MIB exists, and understand that they are your friend in the underwriting process (Ok, we won’t go that far :)). Continue reading Life Insurance: What Is The MIB?