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Tag: Life Insurance

Is It Ever Too Late To Get Life Insurance?

Is It Ever Too Late To Get Life Insurance?

Strictly speaking, it is never too late to buy life insurance. However, the longer you wait to purchase a policy, the higher your premiums and the more limited your options. If you wait too long, you may have to settle for a policy that is less than you want at higher rates. Why Buy Life Insurance Early? The younger you are when you buy life...

What Happens To My Life Insurance If I Am In A Coma?

What Happens To My Life Insurance If I Am In A Coma?

A coma is a state of extended unconsciousness due to inefficient brain function. This unresponsive state can be caused by a traumatic blow to the head, oxygen deprivation from choking or drowning, severe infection, exposure to toxins, or extremely high blood sugar. Under most circumstances, life insurance policies do not pay out as long as the policyholder remains alive. If you are in a coma...