Category: Life Insurance

March 15, 2021

Life Insurance Policy Cancellation – Your State “Free Look Laws” | Get Your Premium Back!

If you don’t like your life insurance policy you can cancel and get your full initial premium back if you cancel within your state cancellation “Free Look Period”. Each state have their own “Free Look Laws” which are governed by their individual state insurance commission – please locate your state in the chart below.  If you cancel your policy during your state free look period […]

February 17, 2021

How To Locate A Life Insurance Policy

The payout from a life insurance policy provides funds to help your loved ones pay for burial or funeral expenses. But claiming a death benefit can sometimes be complicated if you can’t find information on the policy, especially during a time of emotional stress. “Who did mom have her life insurance policy with? A life insurance policy will pay a death benefit when the insured […]

August 14, 2020

Final Expense Insurance and You.

A Final expense insurance insurance policy is purchased with the intention of using the payout to pay for your funeral or any other death-related costs. This type of policy is often called a Final Insurance policy or a burial insurance policy. It is simply a financial insurance product that is designed to help pay for your funeral. When someone buys final expense insurance, it means […]

August 14, 2020

Final Expense Insurance Covers Burial Cost

Final expense insurance is one way to cover your burial costs and other expenses at the end of your life. This is great for the family to financially prepare for end of life expenses so they don’t have to come up with thousands of dollars when a loved one dies. For seniors who don’t need a large life insurance policy, but still want to cover […]

June 3, 2019

Golden Memorial Insurance TV AD Commercial – Rate Comparison

Comparing Rates From Golden Memorial Is A Wise Thing Did you just watched a recent TV AD commercial from Golden Memorial Insurance Company? If so, you may have found the commercial very informative on the many reasons you need a life insurance policy to cover your burial expenses. However, despite the great information provided, you need to be wise and compare their rates with other […]

October 19, 2018

Should I get a Guaranteed Universal Life Insurance Policy OR a Whole Life Insurance Policy?

You may ask “Should I get a Guaranteed Universal Life Insurance Policy OR a Whole Life Policy?” What are my options if I do not want cash value in my  whole life policy, and want to reduce my whole life policy premium cost? What if I also dislike a term insurance policy because of the lack of long term guaranteed level premiums. A possible solution […]

November 9, 2017

Finding The Best Life Insurance For Seniors

It may be thought that the older you are the more it will cost and the more difficult it is to find the best life insurance for seniors. The fact of the matter is that it is never too late or too difficult to find the best policy for your future final expense plans. Many times, due to being on a fixed income, older age […]

October 12, 2017

No Waiting Period Whole Life Insurance Policy

You can get a No Waiting Period Whole Life Insurance Policy with Senior Care Life. With this type of policy you will get the lowest and best rate by our carriers. We always try to get you this policy first. Our A+ Rated life insurance carriers will provide you with low cost whole life insurance coverage (With No Waiting Period) up to age 85. You you […]

July 11, 2017

What Is Living Benefits Life Insurance?

Living benefits are most often associated with permanent cash value life insurance. A Permanent or Whole Life insurance policy can do this because they build equity or “cash value. The policy cash value accumulates over the life of the policy. This accumulation of equity, along with tax advantages available with a permanent whole life insurance policy, allows you to have access to living benefits. You […]

July 7, 2017

What is the difference between a term life insurance policy and a whole life policy?

An active life insurance policy provides a financial safety net for your dependents after you die. After you’re gone, your family can use the life insurance proceeds to cover funeral costs, mortgage payments, college tuition and other expenses. A whole life policy is the most well-known and simplest form of permanent life insurance. A whole life policy will last the rest of your life, so […]