Viatical Settlements – Buy At Your Own Risk

This Wall Street Journal article from last week reminds me of the advice we hear about things that sound too good to be true. Viatical settlements or “life settlements” are arrangements in which investors (or intermediary companies) purchase existing life insurance policies from people who they think (hope?) will die within the next few years. The investors then continue to pay the premiums on the policies until the original policy owner dies. […]

Increasing The Amount Of Life Insurance Money Exempt From Creditors

[…] SB 147 will allow up to $100,000 of life insurance proceeds to be exempt from the insured’s creditors. This law will go into effect on September 1, 2010. Until then, the current cap of $50,000 will apply. 26 states have an unlimited exemption for the protection of life insurance settlements from an insured’s creditors. The new Colorado law will bring the state a little closer to the protections offered to beneficiaries in other states […]

Extreme Sports And Life Insurance

[…] However, underwriting does vary from one insurance carrier to another, and some are more lenient than others for specific activities and health conditions. If you’ve applied for a life insurance policy in Colorado and received a rate increase because of health or lifestyle, there may be other options that would allow you to purchase the same amount of insurance for a lower premium. We can compare options for you and help you find the best value for your insurance dollars, and there is never a charge for our services.

Aflac Enhancing Life Insurance Benefits

Aflac is enhancing its life insurance policies in response to consumer interest. Most Aflac coverage is purchased by employees through their workplaces, and Aflac is now making it possible for employees to take their life insurance policies with them if they change jobs. Many Americans have only the life insurance that they get through their employer (through a program like Aflac, or as an add-on to their group health insurance policy), so the ability to take their policy with them if they change jobs will provide some much-needed security.

Job Loss Often Means Loss Of Life Insurance

[…] In Colorado, unemployment reached 6.1% in December – the highest in five years. Nationwide, job loss numbers are not encouraging. While it’s not particularly enjoyable to think about being laid off, it’s a good idea to think of the benefits your job includes – like life insurance – and get an idea of the options available to recreate those benefits on your own if necessary.

Why Use Insurance Shoppers?

We can look at a wide variety of Colorado life insurance companies and get quotes on many types of insurance and different risk classes. By letting us know your health, driving, and family history up front, we can let you know what life underwriting class you will be classified into and get you the right quotes the first time […]

How Much to Buy

We analyze a client’s life insurance requirements using either an income replacement method, or a needs fulfillment method, or both. We also combine this with a clients individual budget for life insurance to determine what type, and how much Colorado life insurance the client requires. […]

Universal Life Insurance

A universal life insurance policy is more flexible and less expensive than a whole life insurance policy, but the interest rates have lower guarantees. Premiums may be increased or decreased by the policyholder within policy limits in order to change the policy as needs change. […]

Term Life Insurance

A term life policy pays out its face value only if you die during the selected term. Normally, if you have not used the death benefit when the term runs out, the policy expires. However, return of premium policies are becoming very popular as an alternative to typical term life insurance […]