Reader’s Question: How do I know if I’m buying the right amount of life insurance? This is my first time to do this. Ikaros Tampa, FL Life insurance is one of the most useful financial tools one can own. Having the right amount of coverage is essential for the financial well-being of your loved ones [...]

Reader’s Question: Does the reputation of a senior life insurance company really matter? Katie Tampa FL   The short answer? Yes the reputation of a senior life insurance co matters a lot. This is a major factor in choosing which company you would invest your money on. While a small company may require you only [...]

Reader’s Question: What are the things I should consider in buying a cheap life insurance in Tampa Florida? Mike Tampa FL Just like any other types of insurance, the prices of life insurance have gradually been falling off over the past decades. Almost everyone, even people with existing health conditions, can now lower down their [...]

Reader’s Question: How do I reduce my life insurance costs? Do I have to switch life insurance companies just to get lower insurance premiums here in Tampa, FL? Shantal Tampa, FL Good question. Although sometimes switching providers may be the only way to reduce your life insurance cost, it should only be done as a [...]

Reader’s Question: A bunch of us are being temporarily laid-off from our office here in Tampa, Florida, does this mean that I am no longer covered under our company’s Group Life Insurance Plan? Zacharias Tampa, FL That would depend on your employer. Is your compensation with your employer also suspended? Where you given an assurance [...]

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 [...]

Reader’s Question: Hi I’m from Florida. I’m planning to get a life insurance. My friend mentioned to get return of premium. What does this have to offer? Bryan Tampa, FL The return of premium offers death benefit protection and return of premium. The insurance company will return the entire insurance premium you paid when the [...]