LIFE INSURANCE
5 Common Life Insurance Mistakes & How to Avoid Them
Life insurance is vital to having comfort and financial security. Doing it right the first time is critical, considering a life insurance policy is a long-term investment. Avoiding these common mistakes if you are planning to buy a life insurance policy…
A Guide to Gifting Loved Ones with Life Insurance
Can you give life insurance as a gift? Yes! It is a meaningful and touching way to show how much you care. Here are a few quick things to know about purchasing life insurance as a gift this holiday season.
7 Life Insurance Questions to Ask Before You Buy
Purchasing life insurance is not something to be done lightly. It requires researching various policies to find what works best for you, your family, and your budget. Here are a series of questions that can help you as you shop for the best policy.
What Are My Life Insurance Premium Options?
Life insurance is one of the most effective ways to protect your loved ones from financial trouble if you suddenly pass away. But what type of policy is best for you and your budget? There are several general categories of life insurance.
What can I do to make life insurance more affordable?
Life insurance is a key part of any sound financial plan, offering comfort that your loved ones will be financially secure in the event of your death. However, many people hesitate to purchase life insurance due to concerns about cost.
Funeral Insurance 101
Funeral insurance, also known as burial or final expense insurance, plays a vital role in financial planning by helping cover the costs associated with end-of-life arrangements.
5 Reasons Life Insurance Matters
September is Life Insurance Awareness Month, a time to reflect on the benefits of life insurance and its vital role in securing your family’s future. Life insurance is more than just a policy; it’s a commitment to providing your loved one with financial security and peace of mind in the following five ways…
Key Person Life Insurance: Safeguarding Your Business’s Future
Key person life insurance is a specialized policy that businesses take out on the life of an employee whose death could significantly impact the company’s operations.
5 Common Reasons People Are Denied Life Insurance
Life insurance offers financial security, covering expenses and providing for loved ones after one’s passing. However, not everyone is approved for life insurance. Common reasons for denial include pre-existing medical conditions, high-risk occupations, and hazardous hobbies.
What to Expect if You Outlive Your Life Insurance Beneficiary
Life insurance provides financial support to beneficiaries upon the policyholder’s death. If you outlive your beneficiary, the policy’s benefits won’t be distributed as initially planned.
5 Reasons You Need Life Insurance if You Are Self-Employed
In the event of their death, life insurance provides financial security for their family and business obligations. Life insurance is invaluable for self-employed individuals, as they often lack the safety net of employer-provided benefits.
6 Milestones That Alter Your Life Insurance Coverage Needs
Life insurance provides financial protection for loved ones in the event of the policyholder’s death. Coverage needs may change due to various factors, as certain major events can significantly impact a person’s financial responsibilities and dependents, altering coverage needs.
Cremation Insurance 101
Cremation insurance is a lesser-known but crucial aspect of end-of-life planning. It ensures that funeral expenses associated with cremation are covered, sparing loved ones from financial burden during a difficult time.
6 Factors that Determine the Cost of Your Life Insurance Premiums
Life insurance serves as a financial safety net, providing comfort and protection for loved ones in the event of the policyholder’s death. Term life insurance offers coverage for a specified period, while whole life provides lifelong protection with a cash value component.
The Role of Child Term Riders in Life Insurance
Most people do not have difficulty understanding the goals and value of an insurance policy. However, the idea of taking out a life insurance policy on a child is a strange and unfamiliar concept to most parents.
The Thoughtful Choice of Life Insurance for Mother’s Day
On Mother’s Day, we are all looking for the right gift to express how grateful we are and how much we owe to our mothers. While nice and sweet, the traditional flowers and chocolate are very general expressions of our gratitude for our mothers.
Leveraging Life Insurance to Make a Difference
Life insurance is a crucial financial tool that provides a safety net for your loved ones in the event of your passing. However, simply purchasing a life insurance policy may not be enough to ensure maximum benefits for your heirs.
Pet Trusts: What It Is & Why You Need One
A pet trust is a legal arrangement that allows pet owners to set aside funds for the care and maintenance of their pets in the event of their incapacity or death. Here’s a breakdown of what a pet trust entails and why it’s essential for pet owners…
How to Prevent Lapsed Life Insurance Policies
Life insurance is a crucial component of financial planning, providing a safety net for your loved ones. However, the risk of a lapsed policy can undermine its purpose. To ensure the continuity of life insurance coverage, it’s essential to be proactive. Here’s a guide on how to prevent lapsed life insurance policies.
Planning for a Family? Considerations & Next Steps
Planning for a family is paramount for financial security, emotional preparedness, and overall well-being. It involves thoughtful considerations about budgeting, healthcare, and creating a nurturing environment.