Noel Insurance Services Blog - Page 5 of 9 | Learn About Life Insurance

Life Insurance Underwriting

The underwriting process for life insurance At some point, you need life insurance to cover you and your family, but you do not know the risk associated with getting the coverage. Before you get the life insurance, you must go through the underwriting process where insurance underwriters determine how much risk your insurer will cover…

Life Insurance Riders Explained: Let’s Review!

Your life insurance policy should work for you. Most articles and online resources will tell you that there are a few basic forms of life insurance policies: term life insurance, whole (or permanent) life insurance, guaranteed life insurance, final expense life insurance, group life insurance, variable life insurance, and no-exam (or simplified issue) life insurance. …

Can I lower the cost of my life insurance premiums?

We talk a lot on here about how your age is not a barrier to getting affordable life insurance. We’ve also talked about what to do if you’ve been declined for life insurance. What we have not discussed is how to get a reconsideration or re-rating on my life insurance premiums. Is it possible to…

Is Your Insurance Carrier Financially Strong?

When shopping, we always look for the best. We read reviews, ask friends, and conduct extensive research before making our purchases. The internet makes it easy to be misled when it comes to finding the “best.” This is especially true for life insurance. If you Google “best life insurance,” you will hit upon thousands of…

Buying Life Insurance: How Much Do You Need?

It’s an unfortunate fact that death and taxes are the only two guarantees in life. We’d like to add buying life insurance to that list. We understand that life insurance is kind of a morbid industry. The whole point of life insurance is for an insurance company to pay a specified amount to your family after…

Converting your term life insurance policy

Term Life Insurance Conversion: The Basics

We get a lot of clients who are nervous about life insurance. Whole life insurance seems so permanent and confusing. And term life insurance seems like it won’t last long enough. However, the process of converting your life insurance can be daunting. The good news is that you are not locked into any policy forever.…

Is it possible to purchase life insurance during COVID-19?

We are currently living in unprecedented times. COVID-19 swept through the nation and has changed our priorities and our way of life. One thing you may not be thinking about is how COVID can impact your current life insurance policy, or your ability to get a life insurance policy. Getting Life Insurance During COVID-19 The…

Does My Insurance Policy Cover Coronavirus?

I think we can all agree that things are weird right now. 2020 started with so much promise and quickly devolved into quarantines and scary news stories with conflicting information about COVID-19. As we all adjust to the new normal of working from home and social distancing, we’ve noticed that a lot of life insurance…

Annuities vs Life Insurance:

Retirement is probably the biggest topic on the minds of seniors. One of the biggest questions we get asked by our clients is what exactly is the difference between annuities and permanent life insurance policies? We understand the confusion. At a glance it seems as though whole life insurance and annuities have a bit in…

Senior Veteran Life Insurance

Happy Veteran’s Day! This Veteran’s Day, we want to discuss some available senior veteran life insurance options. There are many misconceptions surrounding life insurance for active duty and veteran service members. We are honored to work with senior veterans to help find the best life insurance policies out there. I’m a Veteran and a Senior:…