Most people couldn’t bear the financial hardships resulting from unexpected events, such as a major house fire, a car accident, a disability or the premature death of a family breadwinner, which is why one of the most important component of a sound financial plan should be your personal risk management strategy. Fully protecting your and […]
What’s Your Risk Management Plan? Read More »
Critics of whole life insurance point to the higher premiums these plans require and the inflexibility of the payment schedule. However, when the structure and features of whole life insurance is fully understood, a fair-minded person would see that it offers affordability and flexibility along with unmatched long-term security. When whole life premiums are clearly
Making Sense of Whole Life Insurance Premiums Read More »
Unquestionably, disability insurance is more complicated than other forms of insurance. There are a lot of moving parts to understand in order to create the right kind of coverage, which may be one reason why many people are reluctant to look into it. No one likes to pay for something they don’t understand; however, once
What to Look for in a Disability Insurance Policy Read More »
For many people, structuring their auto insurance policy comes down to obtaining the greatest amount of coverage at the lowest cost. Because auto insurance has become commoditized, the focus often shifts to the premium amount as the primary point of comparison, which is fine as long as you don’t lose sight of what it is
Optimizing Capacity in Your Auto Insurance Policy Read More »
If you are at the point where you are asking how to buy a life insurance policy, then you have already made the most important financial decision, which is to take the steps to insure your family’s or loved one’s financial security. For many people, that is most likely a critical decision that has long
Everything you Need to Know About Buying a Life Insurance Policy Read More »
The term beneficiary crops up every now and again. Usually you’ll see it on an insurance form or hear about it in relation to a will, but despite the nonchalance we toss the term around with, beneficiaries are incredibly important. Let’s break down the details on how and why beneficiaries matter. What’s a beneficiary actually
Beneficiary Benefits—Keeping Designees Updated Matters Big Time Read More »
Generally speaking, conversations about life insurance revolve around whether you should buy term or permanent insurance. However, every decision to buy life insurance begins with deciding what is the right amount of life insurance. And, integral to determining the right amount of life insurance is understanding the role of your Social Security Survivorship Benefit (SSSB).
How Your Social Security Survivorship Benefit Affects Your Life Insurance Needs Read More »
Pat and Kelly, new parents, made a couple monthly budget adjustments upon the arrival of their first child. First, due to the added cost of day care and dependent health insurance, they decreased the amount they were saving for a house. And second, they agreed to review their life insurance needs. Pat’s sister suggested they
Do Spouses Need the Same Amount of Life Insurance? Read More »
There were 43 million renters in the U.S. in 2017, the highest number of renters in the last 50 years. Yet according to the Insurance Information Institute, only 37 percent of those currently renting have renters insurance, leaving 27.1 million renters without protection should catastrophe strike. It’s important for renters to understand that while their landlord’s
Renter’s Insurance Read More »
Buying life insurance usually starts with trying to determine how much and what type you should buy. You will probably need some help making those decisions, so following is some insight on how to choose an agent who can help you make a smart life insurance buying decision. All life insurance agents are required to
How to Choose a Life Insurance Agent Read More »
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