Peace of Mind

Top 12 Questions (and Answers) About Life Insurance

Even the most calm and collected person can become confused by the prospect of getting life insurance. So many of us know we need life insurance, but we also feel we don’t understand it enough to make the best decision. Good thing at SelectQuote we know when it comes to investing your money in ANY kind of purchase, the only stupid question, as the saying sort of goes, is the one you didn’t ask. There’s a funny thing about so-called dumb questions—a lot of people have them. And with that, here you can find answers to some of the questions…

What You Need to Know About Motorcycle Insurance

For motorcycle enthusiasts, a weekend trek with the motorcycle community is many rider’s idea of paradise. Don’t have the right motorcycle insurance? Paradise can quickly turn into something else. To stay in motorcycle bliss, make sure to protect yourself, your precious bike and others. Before selecting or renewing motorcycle insurance coverage, here’s what you need to know. First, you need insurance. Most riders are required by law to — at a minimum — to purchase liability coverage. Motorcycle Liability Coverage: Bodily Injury and Property Damage For motorcycle liability coverage, there are two different types: bodily injury liability and property damage…

9 Reasons Homeowners Insurance Claims Are Denied

Year after year, you send that premium payment for your homeowners policy. When accidents happen, you expect the insurance company to cut a check for the full extent of the damage to your home, no matter the amount or what caused it. It doesn’t always work that way. What you think you’re entitled to under your policy and what the carrier believes they owe you are often two very different dollar figures. Don’t take it personally. Remember, carriers have to price your coverage based on statistics, probability and risk. They can only pay to the extent a claim is based…

What is Dependent Life Insurance

No one likes to think about the death of a loved one. Especially a spouse or child. But just as life insurance for yourself protects your family, dependent life insurance alleviates the financial burden of a dependent’s untimely death. Dependent life insurance is often offered as an add-on to your life insurance through an employee benefits plan. You can typically purchase varying amounts of coverage depending on your needs and budget. Who Qualifies as a Dependent for Life Insurance? Dependent life insurance plans typically cover your spouse and dependent children. Spouse. Depending on your plan, a spouse is usually defined…

Home Sweet Homeowners Insurance: Everything You Need to Know About Getting Covered

There’s no place like home. That’s why it’s so important to protect your home with homeowners insurance. While the paperwork can sometimes seem overwhelming, there’s nothing more rewarding than the peace of mind that comes from knowing you have the right amount of homeowners insurance. If you’re ready to get a better understanding of how your coverage works and to see if you need to make any updates to your policy, these tips can get the job done faster than you imagine. Homeowners Insurance Requirements First things first. For most of us, homeowners insurance isn’t optional. Why? We don’t actually…

The Differences Between Term and Whole Life Insurance

Maybe you’ve heard the adage, “life insurance isn’t for you, it’s for your loved ones.” In the event something does happen to you, you want to take care of your family’s needs. Simple enough. And smart. But deciding how best to provide for your family will likely lead you to the term life insurance or whole life insurance fork in the road. At first glance, the paths will look quite different: Term life insurance is the more straight-forward of the two solutions and less expensive. Whole life insurance (the most common form of cash value or permanent life insurance), on…

7 Ways to Take Control of Your Finances Before the End of the Year

Did you know “saving [more] money” was one of the top three New Year’s resolutions in 2018? Chances are, it will rank among the top resolutions for 2019 as well. No matter how comfortable we are financially, most of us can do more with our money. If you’re among the many people considering a financial resolution in 2019, there are plenty of things you can do before the ball drops. Addressing your finances now to set yourself up for success in January. Here are seven things to consider doing right now: Check Your Credit Report You can check your credit…

Start Your New Year With an Insurance Checkup

As January approaches, you may be thinking about New Year’s resolutions, usually centered on how to improve your life and the lives of those closest to you by making changes. When was the last time you thought about how well you are protected against an unfortunate turn of events? Insurance, even if you believe you have good coverage right now, is not a one-time, buy-it-and-forget-it product. The new year is the ideal time for an insurance checkup. Life events may change your insurance needs. It’s better to invest just a little time right now to review your coverage than to…

How Your Life Insurance Quote is Determined

Life insurance plays an important role in protecting your loved ones from financial burden. Single or married, in your 20s and 30s or older, with kids or without, most people benefit from some level of life insurance. However, the perceived cost often holds people back from buying a life insurance policy. It’s assumed life insurance is expensive. A misconception that’s untrue for many people. How are Life Insurance Quotes Determined? The process of getting a life insurance quote is simple. You’ll start by filling out a questionnaire. This helps your SelectQuote agent provide a side-by-side comparison of prices from highly…

5 Ways to Save on Medicare Supplement Plans

Making sure your healthcare needs are covered in retirement is essential. There are a variety of factors to consider when it comes to Medigap coverage, also known as Medicare supplement plans. Use these tips to get the coverage you need while finding ways to save. Know Thyself With so much advice swirling around, it is easy to lose sight of what’s important. Your healthcare needs are about you. What works well for one person might be disastrous for someone else. Before you start to find ways to save on Medicare supplement plans, you need to understand your health history and…

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