Finding the Right Life Insurance Match for You

30 Mar

If it’s your first time shopping for life insurance, there’s a good chance you may not know which option is the right one for you. Finding the best match requires some homework before you make your choice. Here’s a breakdown of the various life insurance options to help you figure out which one fits best. More >>

4 Features to LOVE About Life Insurance

23 Mar

American consumers’ top three financial concerns are health coverage, savings goals, and living expenses. What if we told you their fourth financial concern, life insurance, had the potential to solve for the first three? Let’s take a look at four of the best features life insurance has to offer. More >>

Is Life Insurance Taxable?

16 Mar

One of the primary upsides to life insurance is that the payout is made to your beneficiaries tax-free. Since life insurance death benefits can be in the millions of dollars, it’s a significant advantage to buying (and receiving) life insurance. But there are other aspects to life insurance that won’t get past the tax man. Here’s a look at when to prepare for a tax bill. More >>

3 Things You Need to Know About Life Insurance

9 Mar

One of the primary upsides to life insurance is that the payout is made to your beneficiaries tax-free. Since life insurance death benefits can be in the millions of dollars, it’s a significant advantage to buying (and receiving) life insurance. But there are other aspects to life insurance that won’t get past the tax man. Here’s a look at when to prepare for a tax bill. More >>

Does Medicare Pay For Long-Term Care? Don’t Make A Big Mistake!

2 Mar

Rusty had paid for a long-term care policy for many years. Then, one day, his daughter found a cancelation notice for nonpayment of premiums sitting on his desk. “Dad, why are you not paying the premiums for this policy?” “Because I have Medicare and my pipe trade’s policy. I don’t need that one.” “Dad, get out your checkbook. We’re going to the FedEx office and sending in the payment.” More >>

Life Insurance Cash-Out Options: A Retirement Planning Quiz

24 Feb

If you’re like a lot of people, you probably have an old life insurance policy stuffed in the back of a desk drawer somewhere gathering dust. Did you know you could tap into that old policy in retirement or even possibly sell it for some much-needed cash? More >>

Dependent Life Insurance Can Cover Unexpected Costs If Your Spouse Or Child Dies Unexpectedly

17 Feb

Most life insurance policies are meant to make up for lost income in case the insured person dies. For those who are not the primary income earner, life insurance is still an option. In this case, you would look for dependent life insurance as an add-on to the main income-earner’s policy. You may be able to add it to an individual plan, or select it as an option under the group life insurance plan offered by your employer. More >>

Do I Need Life Insurance?

10 Feb

Insurance is the price tag for being an adult. Heaven forbid something terrible happens to you, but if it does, insurance will be your lifeline. You pay for health insurance in case you get really sick. And if you have a car, you buy auto insurance in case you get in a serious accident. But do you really need to buy life insurance? More >>

What Are the Options for Life Insurance Payouts?

3 Feb

Life insurance can be a critical lifeline for individuals or families who have lost a cherished loved one. But receiving a large check during a moment of intense grief can also lead to confusion and poor financial decisions. That’s why it’s important to understand the different options for receiving a life insurance payout. More >>

Why 2020 Should Be Your Year to Buy Life Insurance

27 Jan

It’s not something any of us ever wants to think about, but what if you were to die suddenly? How would your loved ones handle not only the emotional loss but also the financial cost? Life insurance can cover the loss of your income from the household, plus offset your funeral expenses and pay off outstanding debts. While creditors might try to go after your assets or your family members to pay off debts, they can’t touch life insurance benefits. More >>