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What is an Immediate Annuity

As a person that has worked with more than a thousand agents over the last decade plus, it is amazing to discover how many insurance agents, registered representatives, financial planners and CPA’s do not understand the most basic principles about the various payout options of a single premium immediate annuity. Just this week, a man that has been in the investment and insurance business for more than 40 years told me that if a customer purchased an immediate annuity and died before the principle had been paid back via the monthly, quarterly, semi-annual or annual payments that the insurance company…

How to Run an Online Life Insurance Quote

The first step in running an online life insurance quote is to find a website that allows you to generate an instant life quote yourself. If you have trouble generating term life insurance quotes online without personal information you can visit our website at www.pacificinsurancegroup.com. Whether you are searching for instant term life insurance quotes or universal life insurance quotes online, a good website should accommodate both options. Be sure to enter your date of birth or change the input by a couple of days (if you are afraid of entering personal information) because some insurance products are based on…

When Should You Get Life Insurance?

There are a lot of opinions of when you should purchase life insurance but unfortunately with life insurance it’s not one size fits all. One of the biggest factors to consider when buying life insurance is your health. When purchasing life insurance the healthier someone is when they apply and get approved for life insurance the cheaper it will be. Typically as people age they develop more health problems which reduces their chances for the best rate class for life insurance. It is important for people to be realistic with their health and where they fit into the insurance company’s…

Whole Life Insurance Quotes Online

The reason it is difficult to get an instant whole life insurance quote online is because it is a lot more complicated than term life insurance. With term you can just enter your date of birth (which is important because the majority of insurance companies base the rate on your nearest age within six months), how much death benefit you want, expected underwriting rate class, and the length of the term. In seconds you can have a term life insurance quote. Unfortunately with permanent life insurance such as whole life there are more inputs to generate an illustration and unless…

Instant Term Life Insurance Quotes

When searching for an instant term life insurance quotes most people are concerned about being tricked into divulging personal information just to get the term life insurance rates. A good instant term system with show around fifteen to twenty insurance companies rates without people having to give an email address or input a phone number. It can be extremely difficult to find a website with no frills or gimmicks in order to get basic term life insurance quotes, this is primarily because large insurance companies pay a lot of money to show up at the top of the list. Unfortunately…

What Is An Annuity?

A lot of people ask the question, what is an annuity or what are annuities? The problem is most annuity definitions refer only to immediate annuities and are very limited in their scope to things like: – a fixed sum of money paid to the owner each year, usually for the rest of their life. – an insurance contract guaranteeing the owner a series of annual payments. – the process of giving an insurance company a lump sum of money and the insurance company guarantees you an annual payment back for the rest of the annuitant’s life. Annuity Definition While…

Life Insurance in Washington State

If you are searching for a life insurance quote and you live in Washington State, consider working with Pacific Insurance Group. As an independent broker for life insurance in Washington, our firm we understand the life insurance products approved with the Washington State department of insurance. A lot of online instant life insurance quotes are generated from agencies who operate from other states and are not current on the most competitive life insurance products in the State of Washington. Pacific Insurance Group is based out of Bellevue and comprised of independent insurance agents who are licensed in Washington as well…

Benefits of Permanent Life Coverage

There are many benefits of permanent life insurance over term life insurance. If you want to guarantee your life insurance to stay active and pay out a death benefit when you die, then permanent life coverage is the most cost effective way to accomplish your goal. The difference between term life coverage and permanent coverage is the fact that term life coverage will typically switch to guaranteed renewable term after the level period which drastically increases the premium. Take a look at this example of a 40 year old male at preferred non tobacco purchasing a 20 year level term…

All You Need to Know about Getting a Life Coverage Quote Over 50

Are you hoping to get life insurance quotes, but you are afraid you may not get a good deal because you are over 50 years of age? When it comes to baby boomers trying to buy life insurance, this may require the professional advice of individuals who specialize in this field. After all, it is not as easy to get one, unlike when you were still in your 20’s or 30s. There are health concerns to think about, as well as the fact that you may not find it too easy getting longer terms such as over 20 years.

Life Coverage and Marijuana

It’s just a little bit of weed. No big deal, right? Is it possible to still get affordable coverage if I smoke pot? Luckily, in the insurance world the answer to these 2 questions have vastly improved in recent years. The purpose of this article is to explore everything that you need to know concerning affordable life insurance for people who smoke marijuana. Note: This guide is about ways to obtain affordable life coverage as someone who smokes marijuana.