Reader’s Question: I have a fairly good idea of how permanent life insurance policies work, would it be a good idea to just go for a term life insurance policy and invest the rest of my money here in Tampa, Florida, somewhere else? Eoin Tampa, FL This is a very interesting question. To some people, [...]

Reader’s Question: I’ve heard of viatical settlements but not life insurance settlements. How does this work? Chad Tampa, FL With viatical settlements, a person who is terminally ill can sell his/her life insurance policy for portion of the face value of the policy. With life insurance settlements, also called senior settlements, a policyholder, although he/she [...]

Reader’s Question: What kinds of conditions would make my life insurance provider here in Tampa, Florida, increase my premiums? Gus Tampa, FL There are many things that can cause your life insurance rates there in Tampa, Florida to increase, but one of the most common factors would be your age. Of course a younger person [...]

Reader’s Question: Is it true that I am paying my life insurance provider here in Tampa, Florida, by being a smoker? Kevin Tampa, FL On average, those who smoke pay three or four times more on life insurance rates and premiums than non-smokers annually. So smokers like you are charged more due to the inherent [...]