Category: Life Insurance

As you head into a new chapter in your life, and look forward to retirement, you’ll have a lot to think about. For example, you’ll need to switch from private health insurance to Medicare, and figure out how to live on a fixed income; with all of this going on, you might overlook the importance…

Actuary, grace period, face amount, death benefit, riders: if you’re researching life insurance, you will come across a lot of terms that you might be unfamiliar with. Learning what all of these terms mean can be overwhelming, and doesn’t make the process of searching for the best policy for your family any easier. But it…

We know what you’re thinking: life insurance for children? That’s not something I even want to think about! And why would I even need it? We understand that it’s not easy to think about the death of your child, because we all want our kids to live long, healthy lives, but as a parent you…

Approximately 20% of Americans are living with some form of disability, and that can mean being unable to work, and dealing with a lot of financial strain. But if you can no longer work due to a disability, and you have disability insurance benefits through your job, you might get some financial help, depending on…

Let’s face it, there are a lot of different life insurance policies out there to choose from - in fact, there are so many that it can become overwhelming trying to find the right one for you. How do you choose? Start by narrowing it down this way: if you want life insurance for a…

When it comes to purchasing life insurance, you’ll have a lot of decisions to make, including how much coverage you need, who your beneficiary will be, and which carrier to buy a policy from. But you will also have to consider how you are going to pay for it: depending on the life insurance policy,…

Term life insurance policies are a popular pick for many Americans, because they are generally the most affordable and convenient type of life insurance policy. Not only that, but there are multiple kinds of term life insurance policies to choose from, so most people will be able to find one that is right for them.…

Shopping for a life insurance policy can feel a little bit overwhelming, because there are so many different types - but the upside is that, with so many options, you’re sure to find a policy that fits your needs and budget. If you’re not sure where to even begin, we have listed multiple types of…

Most people don’t think that taxes and life insurance have anything to do with each other, but in reality, nothing could be further from the truth. One wrong move when purchasing your policy, and you and your beneficiaries could face large tax consequences, resulting in lost money. But on the other hand, if you play…

While some of the focus has been taken off of HIV these days, the sad reality is there are still many people contracting and living with this virus in the U.S.: according to HIV.gov, about 1.2 million people in the U.S. have HIV. Fortunately, we have made great strides in controlling the virus with medication,…

Are you looking for a life insurance policy that offers you a little something extra? If so, you might be interested in endowment life insurance, which is a specialized insurance product that doubles as a life insurance policy and an investment or a savings account. This type of policy is often misunderstood and therefore overlooked,…

In some cases, when you purchase a life insurance policy, you might be set for life. But, in other instances, you might have a change of circumstances or obligations in your life that require you to replace your life insurance policy. Replacing a life insurance policy requires some thought and knowledge before moving forward; there…

Who couldn’t do with a million dollars, right? You might dream of making that much money, or of leaving that amount to your family so they won’t have to worry about money after you’re gone - and if you’re shopping for life insurance policies, you’ll find that million-dollar policies exist so that you can provide…

Did you know that when it comes to life insurance benefits, beneficiaries of a policy have options for how they get their money paid out? You can choose to have benefits paid out in one lump sum, but if you’d prefer to receive your money over a longer period of time, an annuity might be…

When it comes to life insurance, your needs will vary throughout your lifetime. That means, in order to be adequately covered by your life insurance policy, you will have to consider what coverage you will need at different stages of your life, and plan accordingly. So what should your life insurance coverage look like at…

Having cash set aside for a rainy day is always a good idea: a savings account will give you a cushion of protection in the event of an emergency, and will help you in planning for your retirement. You might even think it will be enough for your family to live on in the event…

Sadly, suicide is all too common: in fact, it’s the 10th leading cause of death overall in the United States. Many people think that if someone commits suicide, not only will their family be experiencing unimaginable grief, but their family will also be unable to access their life insurance benefits, because it’s a common misconception…

Life insurance policies are not only incredibly useful, because they provide your family with the money they need after you are gone, but they are also more flexible than you might realize. You have the option to build a life insurance plan that works for you, commonly known as an insurance ladder, or life insurance…