Blog: Page 2 of 9

How Much Burial Insurance Do I Need?

Here’s the Bottom Line: • Most people underestimate funeral costs and end up underinsured • Basic burial insurance usually ranges from $5,000 to $25,000 • Funerals can easily cost $7,000 to $10,000 or more • Medical bills and debts can push your needed coverage even higher • Buying too little leaves your family paying out of pocket • Guessing your number…Read More

Flameless Cremation Burial Insurance

Here’s the Bottom Line: • Flameless cremation is newer and not available in all areas • Costs can vary and sometimes run higher than traditional cremation • Burial insurance still works the same no matter cremation type • Many people confuse prepaid plans with insurance and get it wrong • Waiting periods can delay payouts on some burial insurance policies •…Read More

What is Burial Insurance?

Here’s the Bottom Line: • Burial insurance is small coverage meant only for funeral and final costs • You’ll pay more per dollar of coverage than term life insurance • Many policies have waiting periods before full benefits actually pay • Easy approval can hide higher costs and lower overall value • Coverage amounts are limited and may not cover…Read More

Life Insurance Savings Group Review

Here’s the Bottom Line: • Life Insurance Savings Group is not an actual insurance company • You’ll be connected to agents who may push higher-priced policies • Their ads make coverage sound cheaper and easier than it is • You’re not comparing all companies, just their limited network • Health issues can still raise rates far above what’s advertised • Not…Read More

Liberty Bankers Burial Insurance Review: Pros & Cons

Here’s the Bottom Line: • Liberty Bankers offers first-day coverage but isn’t always the cheapest • Their modified plan is overpriced with a 3-year waiting period • You must answer health questions, so approval isn’t guaranteed • Some health conditions still qualify for immediate coverage • Coverage caps are lower compared to other companies • Not comparing options can leave you…Read More

What to Do When a Loved One Dies

Here’s the Bottom Line: • Most families don’t know what to do and make rushed decisions • Funeral costs add up fast if you don’t compare options • Missing paperwork can delay everything from burial to benefits • Not having a plan creates stress, confusion, and family conflict • Many people underestimate how much work happens after death • Waiting too…Read More

Burial Insurance With Substance Abuse

Here’s the Bottom Line: • Current drug use usually blocks approval for most life insurance plans • You typically need 2 years sober to qualify for better coverage • Guaranteed issue plans cost more and delay payouts for 2 years • Recent rehab or relapse limits your options and raises your rates • Lying about drug history can void your…Read More

Phoenix Life Burial Insurance Review: Pros & Cons

Here’s the Bottom Line: • Phoenix Life offers first-day coverage but usually costs more than competitors • Lower financial ratings mean it’s not as strong as top insurers • Health issues can disqualify you from their best plans quickly • Coverage shrinks with age, limiting what older applicants can qualify for • Many people overpay when better companies offer similar…Read More

Life Insurance for HIV Positive [Use Caution]

Here’s the Bottom Line: • HIV doesn’t automatically disqualify you from life insurance anymore • Stable treatment and undetectable viral load are key to approval • Many companies still charge higher rates due to added risk • Some applicants get declined if health history isn’t well controlled • Guaranteed issue policies cost more and limit your coverage amount • Lying about…Read More