
Life Insurance Tips





Can you borrow against life insurance? Yes, but only if you have the right kind of policy. Read on to learn everything you need to know.






If you don’t know your options, it can be discouraging to look for life insurance when you’re older than 50. It’s a commonly held belief that insurance over 50 is expensive and difficult to get. But the truth is, it is possible to find an affordable insurance policy, even when you have health concerns, that [...]

If you’re considering planning for your funeral ahead of time, you’re making a smart choice; doing so can save your family both money and decision-making during an emotional period. Luckily, there are many options available when it comes to planning your funeral in advance. We’ll cover the two main options: pre-need plans and final expense [...]

Life insurance is one of the most trusted ways to provide for loved ones after you’ve passed. But deciding which policy is right for you can be challenging. What kind of senior life insurance should you have? How much is enough? What’s the best life insurance to have at your age? Life insurance for seniors [...]


Can You Buy Life Insurance for Your Parents? Yes, you can purchase life insurance for your parents to help cover their final expenses. It offers some peace for your family during this difficult time. In order to buy a policy on a parent, you will need their consent along with proof of insurable interest. The [...]

What is the Funeral Consumer Guardian Society®? Every Lincoln Heritage Funeral Advantage® policy comes with a free membership to the Funeral Consumer Guardian Society®, an independent consumer advocate organization founded in 2000 to provide professional guidance to member families during the funeral planning process. The FCGS ensures families have the information they need to make [...]

Life insurance can be a difficult topic. The subject is complicated, the options are many, and we often feel uncomfortable planning for the end of life. In addition, while most people recognize the value of life insurance, many are unsure about which type is best for them. One common question people have is, “What [...]

When shopping for life insurance, you’ll find that some insurance providers ask you to take an extensive medical exam – while others simply ask a few health questions. Regardless of the approach they take, insurance providers are simply trying to determine how much risk you’d present if you took out a policy with them. As [...]

Selecting the right life insurance agent is an important first step in ensuring you have someone on your side as you go through the world of insurance. Treat the search for an insurance agent as you would treat a search for a doctor or lawyer: seek multiple opinions and don’t settle for someone you’re not [...]

Not all life insurance policies require a medical exam. Smaller policies – like final expense insurance (also known as “burial insurance” or “funeral insurance”) – typically only require answers to health questions. These no medical exam life insurance policies are a great tool for those with health concerns who want to give their loved ones [...]

You’ve settled down. You and your significant other left the apartment life behind and bought your first house. You both have careers, but maybe one of you wants to stay home now that there’s a baby in the house. And your old compact car wouldn’t accommodate a proper child seat, so there’s a new, safer [...]

What Is the Key Difference Between Term vs Whole Life Insurance? Term life and whole life insurance are both insurance policies that allow you to leave a cash benefit for your beneficiaries after you pass. Term life is a temporary insurance policy that is less expensive but has an expiration date. Whole life insurance builds [...]

It’s easy to put off thinking about paying for something that seems so far in the future. After all, there always seem to be competing needs– perhaps retirement funds, college tuition, home renovation, or paying off debt. But thinking ahead about how you’re going to pay for your funeral one day can be a smart [...]

Burial insurance is also known as “funeral insurance” and is an easy-to-qualify for, low coverage, whole life insurance policy designed to cover end of life expenses like medical bills, funeral expenses, and other debts that are left behind when you pass. Most burial insurance plans are affordable, have fixed premiums, and can be issued quickly. [...]

A funeral is any kind of final arrangement (burial or cremation) made by a family after the death of a loved one. The average cost of a funeral is almost $9,000 according to the National Funeral Directors Association depending on the location of the service, the funeral home, and the items used. Funeral planning is [...]