Preparing for the Death of a Parent
The thought of having to buy life insurance for your parents can be a daunting one. Between the research involved and the realization and preparation of a parents death, many choose to ignore the situation all together.
Although buying life insurance (level term or permanent) for your parents is not [...]
Once you’ve decided to purchase a life insurance policy, it’s easy to get overwhelmed with the many factors and decisions involved. You do as much research as you can to find answers that suit your needs, but there are many people out there who still wonder if they made the right choice. As with any [...]
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 [...]
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 [...]
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 [...]
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 [...]
When you make the decision to buy life insurance, you face a whole new batch of research that needs to be done. One of the common questions that comes up is whether to buy life insurance from a “mutual” life insurance company vs. a publicly owned company. Well, that’s all up to you, but here [...]
How Much Life Insurance Does a Person Really Need?
If you have family members that depend on you and your income than you need life insurance. The question is: How much? Well you might be surprised to know that many people have too much. Insurance agents are salesman. It’s a fact that when you buy more [...]
Death and Taxes in Life Insurance
As the saying goes, there are only two things that are certain in this life: death and taxes. So it seems imperative that we prepare for both. That’s why we look into life insurance and why many people come up with the same question: Do I have to pay taxes [...]
Term Life Insurance After Cancer and Other Impaired Risks
Battling cancer on it’s own is probably one of the toughest things the average person could go through in their lifetime. Not just for them, but for their families as well. It exhausts every last resource you have physically, emotionally and even financially. But with the medical [...]
