What is decreasing term insurance?

Answer If you have been looking for cheap insurance options, your insurance agent may have told you about decreasing term insurance. Understanding how this type of insurance works will help you decide if ... Read More »

Top Q&A For: What is decreasing term insurance

What is decreasing term life insurance?

Decreasing term life insurance is meant for a very specific purpose and may not fit everyone's needs. It is often called mortgage protection insurance but its application is broader than home mortg... Read More »

Information for Decreasing Term-Life Insurance?

People who are in the market for life insurance have a choice between permanent insurance plans such as whole life, or temporary plans know as term insurance. One form of term insurance is decreasi... Read More »

Can your employer cancel your health insurance when you are on short term or long term disability because you did not make a payment on your insurance like is normally done through your paycheck?

Your employer's obligation to pay premiums normally stops when your paycheck does, that is, when your medical and personal leave is exhausted, and there is nothing left to deduct the premiums with.... Read More »

Can you purchase a second short term disability insurance if you already have short term disability insurance through your employer?

Yes you can get supplemental coverage. Most carriers will limit the total benefit amount to under 70% of your income. For example, if your current policy replaces 35% of your income, you can purch... Read More »