Why does a life insurer need an attending physician statement (APS)?

  Insurance companies might request an APS from your doctor to get additional medical information as part of the underwriting process. When you apply for life insurance, the insurance company needs to know how healthy you are when you sign the policy. They figure this out through a process called underwriting, during which you take a medical…

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Indexed Universal Life Insurance: Pros and Cons

  Indexed Universal Life Insurance: Pros and Cons (IUL) insurance policies can help you to build wealth while leaving behind a death benefit for your loved ones. These policies put a portion of the policyholder’s premium payments toward annual renewable term life insurance, with the remainder added to the cash value of the policy after fees…

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Life Insurance and when to review it.

Times to Review Life Insurance Your life insurance often needs to change as your life changes. That’s why you’ll want to schedule a life insurance review after a major life event. Life events that should trigger a review of life insurance include: Getting married Getting divorced Buying a house Having or adopting a baby Accepting…

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Life Insurance aka LOVE insurance

Do I need life insurance? If someone depends on you financially, you are most likely someone who needs life insurance. Life insurance provides cash to your family or loved ones after your death. This cash, known as the death benefit, replaces your income and the many non-paid ways you support your household. Your family can…

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