Financial Meltdown or Not – It Makes Sense to Review Your Life Insurance

With recent headlines about Economic Bailouts, bank failures, insurance company rescues, the mortgage meltdown, stock market woes, job losses and the impending recession, any number of financial sites have been recommending a life insurance review and update as a source of possible budgetary savings.

With term life insurance costs having steadily declined over the last decade, reviewing your current life insurance needs and costs is an excellent idea. However, when you think about it, a life insurance review should be undertaken every year no matter what the economic climate.

Concerned About Your AIG Life Insurance Policy?

Kiplinger.com has an excellent article entitled “Don’t Rush To Ditch Your AIG Policy.” This is an objective, even handed summmary regarding the safety of your policy. It rightly cautions against predatory agents seeking to replace your policy and discusses a variety of issues worth considering as regards your existing AIG policy.

Life Insurance Underwriting – Low, Low Rates May Have A Surprising Price

In looking at term insurance rates online, we’ve begun to see some very low rates for life insurance buyers over age 50 and 60.  Anxious to offer the lower rates to our customers, we inquired about quoting these rates on our site. Not surprisingly, these extremely low rates come come with some additional application and underwriting requirements.