Category Archives: Consumer-Friendly

If you are considering buying life insurance, be sure to first consider thoroughly what need you want it to fill: income replacement or estate liquidity. More >>

Think you don’t need life insurance? Think again. The cost of a funeral alone can run $11,000 or more. You might also have family members who depend on your income to live. And if you have debt such as a mortgage or private student loans that you wouldn’t want to pass on to your loved ones, life insurance can protect them from inheriting it. More >>

You’ve probably been told time and time again that you should have a life insurance policy, but if you’re like many consumers, you’ve been putting it off due to one key factor: money. It’s true that life insurance isn’t always cheap, but there are steps you can take to make it more affordable. More >>

When it comes to life insurance, signing up sooner rather than later is usually a good idea. The cost of life insurance typically only goes up as you get older, so I wanted to lock in the best possible rate in my 20s. While I didn’t have my family yet, I planned to have kids in the next few years and wanted to make sure they would be covered in case of a sudden loss of my income. More >>

Like annuities, the subject of life insurance tends to be one of the most controversial, hotly contested financial planning topics, often sparking debates bordering on fisticuffs between purveyors of policies, and those who eschew the juicy commissions such policies frequently pay. More >>

As you move through your life, changes to the dynamics of your family and business life may have a direct impact on the type and amount of life insurance you need. The term “family” has a much different meaning today than it had for previous generations. More >>

Life insurance: It isn’t a fun topic to think about, but it’s an important investment that can protect and financially take care of your loved ones after you pass. The magic of life insurance — whether it’s a term or whole life policy — is that most of the time, proceeds for beneficiaries aren’t taxable. But there are certain situations where payouts will end up getting split between individuals and Uncle Sam. More >>

Without life insurance, your loved ones might be left in the lurch financially if you were to pass away unexpectedly. But despite the importance of having life insurance, many Americans go without it, and for reasons that really read more like excuses. Here are the top reasons Americans don’t have life insurance. More >>

As far as estate planning goes, if you have loved ones in your life, putting together a life insurance policy is up there in importance, right along with creating a will and saving for retirement. More >>