Tag Archives: Life Insurance
return of premium life insurance policy used in divorce why buy a return of premium life insurance policy

What is Return of Premium Term Life Insurance?

With a Return of Premium (ROP) Term Life insurance policy, the insurance company will pay your beneficiaries the death benefit should you die before the end of the term.  The benefit of this type of term policy is if you outlive the term of the policy, the insurance company will return to you 100% of [...]

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The #1 Reason to Own Life Insurance

Here at Life Insurance Think Tank our primary goal is to educate you on all aspects of Life Insurance. Today we’d like to share an excellent short video from the non-profit organization Life and Health Insurance Foundation for Education (LIFE). With the number of families in the nation that don’t have life insurance (or don’t have [...]

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3 mistakes to avoid when buying life insurance

3 Common Mistakes to Avoid When Buying Life Insurance

1.       You Don’t Buy Enough Coverage When you bought your first policy, it was to cover a specific asset or need that was in existence at that time. However, most times people forget about that first policy and never have another insurance review.  That $100,000 policy isn’t going to cover the kid’s college, pay off [...]

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indexed universal life insurance

How an Indexed Universal Life Insurance Policy can Help Protect Your Family and Provide for Your Retirement

One of the most talked about life insurance products available today is Indexed Universal Life (IUL). An IUL provides the value of a permanent life insurance with the cash value of the policy invested into an account that is “linked” to the performance of a market index like the S&P 500. The value to the [...]

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Life Insurance Is Not What It Used to Be

It’s Not Your Parent’s Kind of Life Insurance Permanent life Insurance, like medicine and technology, has evolved to the extent that it hardly resembles what it looked like just a decade ago. The basics have remained the same, a death benefit, premiums, and an inside cash value that accumulates over time. What has dramatically changed [...]

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