A life insurance policy can be a protection of your financial assets for your family or used as an investment to leave an inheritance. However you choose to use to purchase a life insurance policy while you’re sick – it may not always be possible to get a, for example, guaranteed life insurance for cancer patients, and you need to be organized in order to compare life insurance rates as well as get the most out of your policy. Here is a list of the 6 best apps to help you manage your life insurance policy easily.
1.) Capzule PHR
When applying for a life insurance policy, a comprehensive overview of your medical history is required before the company can decide what premium you will pay. This app can organize all of your health information in one place. Capzule PHR allows you to enter data about doctors, labs, conditions, and more for the entire family, which is important when applying for life insurance so you aren’t digging through years work of paper files to find your medical history.
Good credit often translates into lower life insurance premiums. Stay up to date on your bills and keep your credit score high with the BillMinder app. You can receive reminders about due dates and amounts to make sure that you are always paying your bills on time.
Keeping track of your expenses is a good idea for multiple reasons, but with regards to your life insurance, knowing your expenses can give you a better idea of how much life insurance you need. The Expensify app allows you to easily track and enter your receipts so you always know where your money is going.
4.) What’s Your Life Worth?
When purchasing a life insurance policy, you want to be sure to get enough to cover your family’s expenses. If you buy too little, they could be left in financial trouble. This app shows you how much life insurance you need based on your expenses and savings. It also features a graph that will tell you whether your current life insurance policy is enough to keep your family’s finances secure.
5.) Insurance Terms
To make sure that you know exactly what you are signing up for when you buy your life insurance, the Insurance Terms app can walk you through the definitions of various life insurance terms so that you never have to sign a contract that you do not understand.
6.) Guide to Life Insurance
Navigating the ins and outs of life insurance can be overwhelming for someone that does not work in the industry. Keep yourself protected from fraud and make sure you are getting the best policy for your situation with the Guide to Life Insurance app. You’ll get a thorough look at the basics of how life insurance works and why you need it so you can make smart decisions regarding what you want and need from you insurance policy.
Purchasing a life insurance policy is one of the best moves you can make to keep you family’s future protected in the event of your death. The above apps can make the complicated process easier to understand so you can be sure that you are making the best choices for your family.