Helpful stuff about life insurance

Most policies have a 30-day grace period. If you miss a payment, you usually have a month to catch up without losing coverage. After that, your policy may lapse — but many carriers offer reinstatement options. Just don’t let it go too long.

With term life, you’d typically need a new policy for more coverage. With whole life, you may be able to add riders. Either way, I can help you adjust your coverage as your life changes.

In most cases, no. The death benefit your beneficiaries receive is generally tax-free. Whole life cash value grows tax-deferred. There are some exceptions with very large estates, but for most people, it’s tax-free money to your family.

The person (or people) who receive the money when you pass away. You choose your beneficiaries when you set up the policy, and you can change them anytime. Most people choose their spouse, kids, or a trust.

Maybe. If someone depends on you financially (aging parents, for example), or if you have debts that would pass to a co-signer, life insurance makes sense. It’s also cheaper when you’re young and healthy — so locking in a rate now can be smart.

That’s literally my job. I compare 30+ carriers for every client. If there’s a better rate out there, I’ll find it. And if your rate seems high, I’ll explain exactly why and what your options are.