Tag: Life Insurance

How To Purchase Term Life Insurance On Your Own, Without An Agent | DIY Term Life Insurance The Right Way

Updated: April 12, 2024 at 9:39 am

DIY term life insuranceWe know the feeling…you need life insurance, but the thought of going through an insurance agent is worse than getting a tooth pulled. Or, it is worse than a migraine. (Hey, that is what one person told us!) We at My Family Life Insurance understand. You can purchase term life insurance on your own. Even in your bunny slippers while drinking coffee. We call it DIY term life insurance.

Continue reading How To Purchase Term Life Insurance On Your Own, Without An Agent | DIY Term Life Insurance The Right Way

Important Reasons Why Whole Life Insurance Is A Good Idea [We Explain The Benefits Of This Product]

Updated: April 12, 2024 at 9:39 am

whole life insurance is a good ideaWe wrote an article that described the 3 reasons why whole life insurance is a bad idea. How can we write an article about why whole life insurance is a good idea? Are we talking from both sides of our mouth? No. It is simple: It is your situation that dictates if a whole life insurance policy is needed. Chances are, it is not, but some people and families need whole life insurance.

This article is intended for people who are considering whole life insurance (see our article on why it can be a bad idea, too) and for people who currently have a whole life insurance policy and considering dumping it. Honestly, if you have a current whole life insurance policy, it may not be in your best interest to dump the policy.

We will explain more in a minute.

Continue reading Important Reasons Why Whole Life Insurance Is A Good Idea [We Explain The Benefits Of This Product]

3 Reasons Why Whole Life Insurance Is A Bad Idea [We Discuss The Details & Your Options]

Updated: April 12, 2024 at 9:40 am

whole life insurance is a bad ideaChances are, if you are reading this article, some agent presented the virtues of whole life insurance to you. Or, maybe you purchased a whole life policy and having second thoughts. Truthfully, whole life insurance isn’t bad. Really, it’s not. However, it definitely isn’t for everyone. Moreover, for most people, it’s a bad deal. In this article, we discuss the 3 reasons why whole life insurance is a bad idea to buy. If an agent is telling you that you need whole life insurance without a concrete reason, run, don’t walk, away.

Continue reading 3 Reasons Why Whole Life Insurance Is A Bad Idea [We Discuss The Details & Your Options]

Life Insurance Options For Undocumented Immigrants [Yes, You Can Obtain It & Easily, Affordably, Too!]

Updated: April 12, 2024 at 9:40 am

life insurance for undocumented immigrantsIf you are an undocumented immigrant (i.e. considered illegal) living here in the United States, you may wonder about the future. You love your family. You may worry if something happened to you, what could happen to them? Thankfully, you don’t have to worry about life insurance. Undocumented immigrants can obtain life insurance here in the United States.

Continue reading Life Insurance Options For Undocumented Immigrants [Yes, You Can Obtain It & Easily, Affordably, Too!]

Declined For Life Insurance? Don’t Worry. You Can Still Obtain Life Insurance. Here’s How.

Updated: April 12, 2024 at 9:40 am

Life Insurance form declinedBeing declined for life insurance feels like a right hook to the face. You just completed a life insurance application, something on your “to-do” list for a while. You feel good about it. Then, a week or two goes by, and you don’t hear anything.

A couple of days later, you receive a letter from the carrier. You open in earnest, only to read that you have been declined for life insurance! You are upset and don’t know what to do next. Declined for life insurance? How can that be?

Don’t worry, we say. Chances are you can still obtain life insurance coverage.

How?

Continue reading Declined For Life Insurance? Don’t Worry. You Can Still Obtain Life Insurance. Here’s How.