Term or Whole Life: Which Life Insurance Policy is Best?
Posted: April 22, 2021
Buying life insurance can be confusing. After searching online, you will be inundated with endless email offers and ads on social media. To choose the right type of life insurance, it is worth understanding the basics, so you purchase a policy that best suits you, your family, and your financial situation. Life Insurance: What Type Do You Need? You have two main options in purchasing...
How Affordable is Life Insurance?
Posted: April 7, 2021
A life insurance policy may be more affordable than you think. The cost of life insurance is calculated on your age and state of health. If you are married, have children, or have a mortgage, your family must be protected. If you die unexpectedly, the death benefit will allow your loved ones to have the finances to survive a very challenging time. What Does Life...
Beginner’s Guide to Annuities
Posted: March 22, 2021
It is never too late, or too early, to start planning for retirement. Annuities are a popular option with many advantages. You can put away larger amounts of cash, and growth is tax-free until you withdraw the funds. As an investment vehicle, annuities may seem confusing at first. The following is a basic guide to annuities for beginners. What Are Annuities? Annuities are a relatively...
Preparing for the Life Insurance Examination
Posted: March 7, 2021
The healthier you are, the lower the risk for the life insurance company. This is why they usually require a medical exam before issuing a policy. Great results on your examination can help you lock in lower life insurance rates for years to come. Get ready for your life insurance exam with the following tips. Start Preparing Weeks Before Your Exam Some simple dietary changes...
Does My Spouse Need Life Insurance if He or She Doesn’t Work?
Posted: February 22, 2021
When one spouse is the primary breadwinner, it is obvious why that person needs life insurance to protect the family. But a stay-at-home spouse needs life insurance, as well. Just because a person is not working at a paying job, that does not mean he or she lacks financial value. Consider what it would cost to pay another person for the services a stay-at-home spouse...