Life Insurance Insights

There’s a lot to say about life insurance! Check out the latest news, FAQs, and insights on our life insurance blog, chock full of useful information and breaking news. Our life insurance blogger is hard at work searching out new insights, news, and company reviews just for you.

Need help getting a quote or want a life insurance review? Call us at (800) 521-7873 or email us at We’ll show you what’s available and help you find the best carriers and rates for your unique situation.

Life Insurance Insights

In this section of our blog, we cover a wide range of topics that matter to families like yours. For example, how has COVID changed the process of getting life insurance? We also look for ways to highlight how life insurance is part of a stable financial plan for you and your family. Think of this as a life insurance editorial – we’re curating the issues we think are most important for our clients.

Here are just some of the issues we’ve covered in our life insurance blog:

  • Lapsed policies. It can happen to anyone. Financial insecurity, a global pandemic, or maybe a job layoff – there are plenty of reasons why you might have let your policy lapse. But if so, what do you do now? Is your coverage gone forever or can you reinstate it? We’ll answer all those questions here in this life insurance editorial piece.
  • Common myths. If you think the coverage you have at work is adequate, you’ve fallen for one of the most common life insurance myths! It’s almost never adequate, in fact. It’s usually just a token amount (often $10,000 or less), and won’t do much more than provide for burial expenses. If you have a family that depends on your income, you need a better solution with a lot more financial firepower to care for your loved ones. Our life insurance blogger is here to explain how – and show you six more common myths.
  • Life insurance for millennials. Only about 10% of millennials have adequate life insurance coverage. Yikes! And according to LIMRA’s life insurance editorial piece, most people – especially millennials – overestimate how much a new policy would cost by as much as 3X. If you’re young and healthy and don’t have life insurance yet, what’s stopping you? It’ll cost much less now than later, and if you’re already overestimating that cost, chances are you could get an affordable policy now and check this item off your to-do list forever.
  • Caring for aging parents. More and more people are falling into what’s called the “sandwich generation.” We’re talking about people age 35 to 55 who have to take care of their own kids, plus their aging parents. A Pew Research Center study shows that almost 50% of adults in their 40s and 50s fall into this group. If that’s you, our life insurance blogger takes a look at how to handle the financial planning aspects of your aging parents’ needs.

Want a free life insurance review to make sure your policy is still the most affordable one out there for your age and health?

Call our licensed insurance agents at (800) 521-7873 or email us at

Life Insurance News

In this section of our blog, we bring you life insurance news in general, as well as features about specific providers. These providers release news, stats, and new programs to stay ahead of the competition, and we bring them straight to you to help you make an educated decision. Here are just some of the stories we cover in this portion of our life insurance blog:

  • John Hancock Helping Identify COVID risk factors. In this life insurance editorial piece, we describe how John Hancock’s Vitality Program is sending high-risk consumers blood oxygen level meters. These meters help tell the difference between an emergency and a non-life-threating illness. The data they’re collecting is also revealing some interesting facts about COVID. Check this out: if you’re a 45-year-old who exercises once a week, your mortality risk from COVID is the same as a 65-year-old who exercises four times a week. Dust off that gym membership or those walking shoes!
  • Vaccines don’t affect your life insurance status. In this timely piece of life insurance news, we cover the situation where false information appeared on social media about life insurance and vaccine status. Not long afterward, the American Council of Life Insurers cleared the air. No, they clarified – getting a COVID vaccine has absolutely no bearing on whether or not your insurer will pay a claim.
  • Americans are panic-buying life insurance. After several years of dwindling sales, life insurance sales boomed in 2020, thanks to the pandemic. When a threat like COVID emerges, it’s natural to think about your own mortality. And for many people, that thought drove them to seek out life insurance in case the worst happened. But who was actually buying? And what type of coverage did they seek out? In this life insurance news post, we explain it all.
  • Is life insurance a status symbol? One life insurance blogger shares their thoughts about the connection between how much life insurance you have and what you believe the value of your life is.

Want a life insurance review?

We’ll take a look at any existing coverage you have and see if it still meets your needs – or if there might be a more affordable option out there for you. Call us at (800) 521-7873 or email us at

What Else We Offer

If you’d rather get down to business than read a life insurance blog, we get it! Let’s get started:

  • Get a quote. Ready to see what a new policy would cost? If you have 30 seconds, you can get a quote for a new term or permanent policy. Just pick the coverage length you want in our easy online quoter – policies start with 1 year renewable terms, and go all the way up to lifetime coverage.
  • Check out company reviews. Sometimes you need to know a little more about the company you’re buying from. Who has the best financial ratings? What kinds of customers do they serve best? Our life insurance editorial pieces with company reviews give you the details to help you make an educated decision.
  • Figure out how much coverage you need. What should your insurance cover? This tool will tell you. Many of our clients come to us without a good idea of how much coverage to apply for. That’s not surprising – because a lot more should go into your financial planning than just using your annual salary as a starting point. Our insurance calculator asks you for 7 pieces of information that will help create a fuller picture of your loved ones’ financial needs.
  • See sample rates. If you’re making a budget, you probably want to know how much to allocate to life insurance. These sample rates can help you figure out a rough estimate. You can refine that estimate by getting a quote, too. The sample rates can also help you figure out how much coverage you might be able to afford.

Need help getting a quote or want a life insurance review?

Call us at (800) 521-7873 or email us at We’ll show you what’s available and help you find the best carriers and rates for your unique situation.

October 19, 2023
Man in handcuffs, symbolizing the question of getting life insurance for felons

Life Insurance for Felons

Yes, it is possible to get life insurance for felons – but your options may be limited. We’ll go over what the insurers look for when deciding to offer coverage, as well as other options that might work for you.
October 6, 2023
Hand holding three golden eggs, symbolizing the concept of how to use whole life insurance to create wealth

How to Use Whole Life Insurance to Create Wealth

Investors and high-net worth clients often ask us how to use whole life insurance to create wealth. Is it possible? There *is* a well-known asset maximization strategy that uses the cash value of a whole life policy to store and protect wealth.
September 29, 2023
Businesswoman using a calculator to help analyze whether a life insurance settlement is a good investment

Invest in Life Insurance Settlements

There are financial firms that invest in life insurance settlements, which means they purchase life insurance policies from policyholders looking to sell their coverage. When the transaction works well, it earns a hefty return for the investor and relieves the policyholder of payments they no longer want to make. We’ll go over what this transaction entails, as well as some pros and cons.
September 19, 2023
Do insurance companies cover suboxone?

Do Insurance Companies Cover Suboxone?

Do insurance companies cover suboxone? That depends what condition you’re taking suboxone to treat. In most cases, suboxone is used to help treat opioid addiction. When it comes to life insurance, a past opioid addiction will affect your rates and, depending on how long ago you were addicted, your ability to get covered.
September 15, 2023
Woman doing taxes online and wondering where to put group term life insurance on 1040 form

Where to Put Group Term Life Insurance on 1040

Wondering where to put group term life insurance on 1040 tax forms? We’ll show you where that amount is on your W-2, why it’s – surprise! – probably already on your 1040 form, plus explain how taxation of group term life insurance works.
August 30, 2023
Woman sitting at her desk with her laptop, holding a printed quote for a million dollar whole life insurance policy.

How Much Is a Million Dollar Whole Life Insurance Policy?

A million dollar whole life policy doesn’t have a standard cost – it all depends on your age, health, family health history, and lifestyle. We’ll give you a few sample rates and explain what may affect your rate if you choose to apply for your own million-dollar policy.
August 9, 2023

What Are Paid Up Additions Life Insurance Policy?

What are paid up additions in a life insurance policy? In short, they’re coverage increases that add onto your existing whole life insurance policy. The best part? It can often be done with zero money out of your pocket.
July 5, 2023
little girl spending time with her grandparents at the beach

Can Whole Life Insurance Be Used For Estate Planning?

Whole life insurance provides a lump sum of cash to your beneficiary (or beneficiaries) upon your death with no red-tape or legal wrangling. It can create an inheritance, help you divide assets, and more.
June 28, 2023
Financial advisors work on constructing a financial plan to build and protect assets

Is Life Insurance Considered an Asset?

Is life insurance considered an asset? The answer is, in many cases, yes. We’ll explain what policy types build wealth for your lifetime and which ones only add to your estate. The key difference: a cash value component.