December 17, 2007

What Is A Life Insurance Rider?

I was recently asked this question,”What is a life insurance rider?” I did not realize that someone would not know what it really means.
The best way to explain what a life insurance rider is as follows:
Riders are modifications to the basic insurance policy added at the same time the policy is issued. Riders are [...]

December 16, 2007

Do I Need A Funeral Policy?

It makes good sense to want enough insurance to cover your funeral expenses.Before your purchase a funeral insurance make sure that the policy does not cost more than it will pay out.
The typical “funeral policy” is a whole life policy with a small death benefit for about $5,000.00
There is an alternative to funeral insurance [...]