Archive for September, 2009

Renewable vs. Convertible Term Life Insurance

Renewable vs. Convertible Life Insurance - What’s Right For You?
The words “renewable” and “convertible” are two of the need-to-know terms when discussing term life insurance policies. They play a big role in the quality of your plan and therefore you should know what they mean and what they do.
The first is a renewable term life [...]

Different Types of Term Life Insurance

If you’re shopping for term life insurance, you may already be familiar with some of the more basic ideas and terms of what it is you’re getting. You have an understanding that coverage is only available for a certain, pre-set number of years and that should one die after that term has ended… no death [...]

Using Life Insurance As An Invesment

Many people who are considering life insurance have heard about the countless benefits and peace of mind it can bring. Once such benefit is using life insurance and an investment for retirement planning.
Term Life Insurance
When you buy term life insurance, the premiums you pay are solely in exchange for a death benefit over a pre-determined [...]

Using Life Insurance to Offset Estate Taxes

When I got my first job, I remember looking at my paycheck as my jaw hit the floor. I ran to my mom complaining about how I worked 10 hours making $5.75 an hour, but there certainly was NOT $57.50 on my check! I’ll never forget the first time I heard it: “Honey, there are [...]