Category: Life Insurance

June 29, 2017

How to Access the Cash Value of your Whole Life Policy

The cash value of your whole life policy can be a quick and easy source of money in an emergency situation. You use your cash value to make a down payment on a home purchase or to help pay for college tuition. Every personal situation is unique, and the details of accessing cash value funds are complex, it’s probably best to talk with an insurance […]

June 28, 2017

Can A Life Insurance Company Deny Paying A Death Claim

Life Insurance Companies Can Deny Paying Death Claim If There Is Fraud In some situations the life insurance policyholder can deny paying a claim, often times if there is fraud involved. For example, if the policyholder knew they suffered from a terminal illness but did not disclose that knowledge to the insurance company, then they committed fraud and the policy is subject to cancellation. Fraud or […]

June 27, 2017

How Do I File A Life Insurance Claim?

Get The Name Of The Life Insurance Company Find the name of the life insurance company you have the policy with.  You don’t need the policy in hand to make your claim, or even the policy number. If you know the name of your life insurance company, or the name of the agent who sold the policy, the company will look up the policy number […]

June 27, 2017

How Is Life Insurance Premium Calculated?

The premium cost of life insurance can vary from company to company based on its operations and efficiency and cost of acquisition. It cost the insurance company in marketing and other expenses to secure a policy. The amount charged to cover each policy’s share of expenses of operation is called the expense loading. Insurance Interest Cost Interest is used in calculating the premium is interest […]