whole life

How Your Weight Affects Your Life Insurance Costs When applying for life insurance, your weight plays can determine your premiums. Insurance underwriters view overweight or obese applicants as high-risk, which often results in higher rates or even denial of coverage. Let’s explore how your weight impacts life insurance costs and what you can do to

Understanding Life Insurance Medical Exams: What to Expect and How to Prepare When applying for life insurance, a medical exam is an important step in determining your eligibility and premium rates. These exams assess your overall health and identify any conditions that could affect your life expectancy. This guide will help you prepare, understand the

What are Life Insurance Dividends and How Do They Work? Introduction Life insurance provides financial protection to loved ones if the policyholder dies. Most people know life insurance offers a death benefit, but understanding dividends and final expenses is also important. In this guide, we will delve into what life insurance dividends are, how they

For policyholders who are new to the concept of life insurance dividends, it is important to understand how to make the most of these dividends. At Veritas, we want to help you make informed decisions about your personal life insurance, and this includes helping you understand how life insurance dividends work. However, before we jump

Key Highlights Permanent life insurance provides lifelong coverage and never expires There are different types of permanent life insurance policies, including whole life, with variations, participating whole life, and universal life with variations. Permanent life insurance policies have a cash component that can grow over time The cost of permanent life insurance is generally higher