For those seeking long-term financial security for their loved ones, life insurance can be a fitting solution. But what happens when it’s no longer affordable? If your premiums are too expensive, or if your policy is otherwise financially infeasible, you may want to consider a life insurance buyout. A life insurance buyout is a means of ending your obligations of paying premiums toward your life insurance policy while receiving a cash payout. Here’s how it works: a buyer purchases your policy for a cash lump sum and, in turn, takes responsibility for all subsequent premium payments. Following ..read more

There are those among us who can cook an entire meal from scratch, knowing exactly what every course needs to bring out all the right flavors in every single bite all without even needing to consult a recipe. Some people just have a knack for cooking. And some don’t. To the point where they might somehow burn that pot of water sitting on the stove. Given the wide breadth of cooking ability from person to person, we wanted to try and pinpoint the parts of the country that would have the highest concentration of exceptional chefs. We surveyed people from every state about all things cooking, an ..read more

Have your life circumstances changed since you took out your life insurance policy? Policyowners sometimes find themselves no longer wanting or needing their life insurance policy the way they once did — and that’s okay. The reason you took out a life insurance policy may no longer be applicable. Perhaps your children are grown and financially independent. Perhaps your beneficiary who depended on your salary has since passed. Or perhaps you’re reaching a point where premiums are no longer affordable. No matter your life circumstances, there are ways to end your policy and still reap the benefi ..read more

Sometimes, retirees may find themselves in need of funds to cover unexpected expenses like medical illness, a higher than anticipated cost of living, and relocation costs. If this sounds like you, then you may be seeking ways to access cash from your assets. What many retirees who have a life insurance policy may not realize is that their policy can be a source of liquidity and much-needed funds. What does liquidity refer to in a life insurance policy? The answer may be simpler than you realize, though there are things you should know if you want to make use of your policy’s liquidity potenti ..read more

Taking out a life insurance policy includes multiple individuals, such as the policyowner, the insured, and one or more beneficiaries. Whether you’re looking to purchase a life insurance policy, need to make changes to your current policy, or are exploring how to get rid of your policy, it’s important to know the difference between the various roles in order to make informed decisions about your policy. After all, it can be confusing to understand who has full ownership of a life insurance policy when talking about policyowners, insureds, and beneficiaries – so let’s dive deeper into the diff ..read more

There’s many different types of life insurance you can choose from when purchasing a policy. Our guide to life insurance policies can help you figure out which option best fits your needs. The post Different Types of Life Insurance Policies appeared first on Coventry Direct ..read more

Our privacy is important. In this digital age, the value of protecting our sensitive personal data from outside sources has become paramount. With online companies and insurance providers alike eager to leverage this information for various purposes, the issue of privacy remains a prevalent one for people concerned about data being too accessible. Furthermore, our data can now be bought and sold, which begs the question: if we could put a price on our data, what would it be, and is some information more important than others? To find out, we surveyed over 3,200 Americans across 44 states to g ..read more

Life insurance can provide an immense amount of protection for your loved ones when they need it most. However, there may come a time when you no longer want, need, or can afford your policy. When it comes to canceling life insurance, there are several factors to consider: your policy type, the amount in your cash value account, your policy’s coverage terms, and any potential penalties for canceling. Before terminating your life insurance coverage, learn more about how to cancel your policy and what your alternative options are to get the maximum value out of your policy. Let’s begin! Underst ..read more

There’s only one drink that millions of people will consume, scalding hot or icy cold, no matter the temperature outside. For many enthusiasts, it’s one of the tastiest and most timeless drinks ever created. For other devotees, it’s lifesaving liquid energy. It even has shops dedicated to it in most cities, airports, and business hubs. You guessed it, we’re talking about coffee. No one knows just how this bean from the duly named coffee plant was discovered to hold the solutions to all of Monday morning’s worst problems, but most legends call back to a farmer from Ethiopia who lived hundreds ..read more

From classic cocktails that have conquered multiple states to unique blends that represent the diverse palate of specific regions, this blog takes a data-driven look at how Americans prefer to indulge in their sweet libations. Read on to discover the most popular dessert cocktails in the U.S., and check out our delicious map to see which cocktail reigns supreme in your state! Every State’s Favorite Dessert Cocktail While many states have fallen for nationwide favorites like the White Russian or Chocolate Martini, others have unique tastes that set them apart. Let’s delve into a few states wi ..read more