Welcome to No Exam Life Insurance Pennsylvania

Readers Question: “If you never received a copy of your variable life insurance policy is it considered valid in Erie, Pennsylvania?”

Did you know that this regions grows grapes and produces the thrid largest amount of wine in the U.S.

Answer to Readers Question: Your Variable life insurance policy is considered valid because you paid the premiums. The Insurance Company will probably insist they mailed it to you. However, I would call them and ask for a copy to be mailed to you immediately or make arrangements to pick it up if you can, also follow up with a letter and request a respond as soon as possible.

John lives in the city famous for its Musikfest, a largely free, ten-day music festival that draws over a million people each August and does not dream of living anywhere else, but Bethlehem, Pennsylvania.

Readers Question:”What are the three basic forms of whole life insurance in Bethlehem, Pennsylvania?”

Straight whole life insurance is a whole life policy that provides a constant level of protection and level premiums throughout the life of the policy which is until death of the policy holder or age 100 as long as the premiums are paid on time.

Limited pay whole life insurance is a whole life policy in which premiums are paid for a set number of years at which the policy is considered paid in full and coverage is good for life. The shorter the period for premiums the higher they will be.

Single premium whole life insurance is a whole life policy in which one substantial single premium is paid at the beginning and from that point on the policy is considered paid in full. This premium gives it an immediate cash value.

Mike lives in Allentown, Pennsylvania and his question today was:” What is decreasing term life insurance?”

Did you know that Allentown is a city located in Lehigh County and is the third most populous city in Pennsylvania. Allentown’s economy, is primarily based oin the service industry. The climate is considered to fall in the humid continental climate sone. Summers are typically hot and muggy, fall and spring are generally mild and winter is cold. Laren Weisbeger, author of The Devil Wears Prada was born in Allentown. Billy Joel wrote a song ,” Allentown”, in 1982.

Mike, Decreasing term life insurance is one of the three major types of term life insurance. Decreasing term life provides a death benefit that decreases in a specified manner.

For example, the benefit during the first year of a 5-year decreasing policy may be $10,000, and decrease by $2,000 every year. At the end of the fifth year, the face value is zero and coverage expires. Premiums for a decreasing policy usually remain level throughout the term.

Insurance recommends decreasing term life insurance policies as a way to insurance financial obligations which reduce with time, such as mortgages or other amortized loans.

Celeste was getting her documents together and wanted to know “What is Permanent Life Insurance?”

Abilene, is located in the central part of Texas. The West Texas Fair and Rodeo is held annually for 10 days in mid-September, featuring exhibits and amusements. Abilene, Texas is where Jessica Ann Simpson was born. She became a pop rock singer and actress.

Permanent insurance provides lifelong protection as long as the premiums are paid. With all permanent policies, the cash value is different from the face amount of the policy.

• Cash value is the amount available if the policy is surrendered/cancelled before your death.
• The face amount is the money that will be paid to your beneficiary if you die.

Please note that your beneficiary does not receive the cash value of your policy.

• Life insurance can be used to pay off debt and help create financial security for your family
• Final expenses can be large when there are medical bills, funeral or legal expenses.
• Educating children is very expensive and a life insurance will help pay for their education

Planning ahead is the only way to protect your family from hardship and in a way you are showing them your love and support when the times come.

You can obtain a free term life quote by filling out the forms right in your home on line and you can develop a plan that fits your budget.