Category Archives: Term Life Insurance

Can I Still Buy Life Insurance If I Have Diabetes?

Posted on: May 30th, 2023 by Peter Choma

If you have diabetes, you may wonder if it’s possible to secure a life insurance policy to protect your loved ones financially. The good news is that having diabetes does not necessarily disqualify you from obtaining life insurance coverage. While it may present some challenges, understanding the options available and working with the right insurance provider can help you find the right policy to meet your needs.


Understanding Diabetes and Life Insurance

Diabetes is a chronic condition that affects millions of people worldwide. Insurance companies assess the risk associated with diabetes based on factors such as your age, overall health, management of the condition, and any complications you may have. Type 1 and Type 2 diabetics have different considerations,

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Life Insurance Myths Debunked: Separating Fact from Fiction

Posted on: March 15th, 2023 by Peter Choma

When it comes to life insurance, there are a lot of misconceptions and myths that can cloud your understanding of this important financial tool. These myths can prevent people from getting the coverage they need or cause them to waste money on unnecessary policies. In this blog, we’ll debunk some of the most common life insurance myths and help you separate fact from fiction.

Myth #1: I don’t need life insurance if I’m young and healthy.

Fact: While it’s true that the younger and healthier you are, the less expensive life insurance will be, that doesn’t mean you don’t need it. Accidents and unexpected illnesses can happen to anyone at any age, and if you have people who depend on you financially,

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How to choose the right life insurance policy for your needs

Posted on: February 7th, 2023 by Peter Choma

Choosing the right life insurance policy can be a daunting task, but it’s a crucial aspect of financial planning. A life insurance policy can provide financial security for your beneficiaries in the event of your untimely death. With the various options available, it’s important to choose the right policy that fits your specific needs.

Here are some factors to consider when choosing the right life insurance policy:

  1. Coverage amount – The first step in choosing the right life insurance policy is to determine the coverage amount needed. This should be based on the future financial needs of your beneficiaries, including outstanding debts, living expenses, and education costs.
  2. Policy type – There are two main types of life insurance policies: term life insurance and permanent life insurance.

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