Nick Fenske
Licensed Insurance Agent
Nick has worked in the insurance industry selling life insurance, endowment and retirement and annuity products. He has also worked as an consultant to Independent Financial Advisors, educating them about products and helping them meet the needs of their clients.
Articles by Nick Fenske (10)
Guaranteed Universal Life Insurance (GUL)
Guaranteed Universal Life (GUL) is permanent life insurance with a fixed premium, a guaranteed death benefit, and a guarantee to age 90, 95, 100, or 121. Premiums are typically 30 to 50 percent lower than whole life of the same face amount because GUL is designed for the death benefit, not for cash-value accumulation.
Whole Life Insurance
Whole life insurance is a permanent life insurance policy with locked-in premiums, a guaranteed death benefit, and guaranteed cash-value accumulation that lasts your entire life. Best for lifelong dependents, estate planning, business continuity, and conservative cash-value strategies.
Final Expense Life Insurance
Final expense life insurance is a small whole life policy (typically $2,000 to $50,000) designed to cover funeral costs, medical bills, and other end-of-life expenses. Most policies have no medical exam, simplified underwriting, and approval within 24 to 48 hours. Ideal for ages 45 to 89.
Instant Life Insurance
Instant issue life insurance is a fully digital application that returns an underwriting decision in 10 minutes or less, with no paramedical exam and no agent call. Coverage is available up to $2 million for healthy applicants ages 20 to 65.
Affordable Life Insurance: How to Find the Cheapest Coverage
Affordable life insurance is the result of three buyer choices: the cheapest product type (term life), the lowest-rate carrier for your specific health profile, and an underwriting class that matches your actual health. This guide shows sample rates from the cheapest A-rated carriers, the 7 levers that move buyers into the lowest rate class, and the trade-offs between paying $11 a month versus $30 a month for the exact same coverage.
Haven Life Insurance Review
Haven Life was a digital life insurance brokerage founded in 2014 as a subsidiary of MassMutual. It pioneered instant-decision term life insurance with no medical exam. Haven Life closed to new applications in 2023, with existing policies continuing to be administered by parent MassMutual.
Can You Insure a Car You Don’t Own?
In most cases, car insurance policies are designed to cover a car owned by the policyholder.
Understanding Collision Auto Insurance Coverage
How much your auto insurer pays in the event of a collision depends on the details of your policy. The same is true for how much you might end up out of
Does Medicare Cover Dental?: Understanding Medicare Dental Coverage
Medicare Part A and Medicare Part B do not provide coverage for standard dental care and require either a separate dental policy or a Medicare Advantage (Part C) policy to cover your routine dental needs.
IUL vs. Whole-Life Insurance: 5 Key Differences To Know
What is the difference between whole-life and IUL insurance? Read this IUL vs. whole-life insurance comparison article from Insurancy.