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The ABC’s of Life Insurance: F-J

Final Expense Life Insurance: A permanent life insurance product with level premiums where the proceeds are used to pay off final expenses, such as funeral costs, medical bills or other associated expenses. Also called burial insurance, final expense policies are typically inexpensive and offer relatively small death benefits. They often require no medical exam and […]

The ABCs of Life Insurance: A–E

Life insurance has more than its share of industry-specific jargon, and many of the terms frequently used by agents when talking about products and strategies can be very confusing to clients. This alphabetical-themed series of slideshows is here to help, featuring easy-to-understand definitions of common (and not-so-common) terms that will help you and your clients […]