Six in 16: My Family’s Military Journey and Reflections on Security

10 Nov

Guest contributor Kim Stringer is an insurance specialist with Truist Life Insurance Services.

Military spouses are essentially running single-parent households and have a lot on their plates in addition to the stress of worrying about their deployed partner. With a high frequency of relocation, they also may not have the deep family connections that many of us rely on for advice and support. And with many of the military spouses’ benefits ending when they retire, typically at an earlier age than others retire from the general workforce, their planning needs are different. Take all these factors into consideration and you can offer a great service to those who provide a great service to all of us. More>>

First Command Reports: Military Families Keep Buying Permanent Life Insurance

11 Nov

First Command’s tenth annual life insurance survey reveals that 86 percent of middle-class military families (commissioned officers and senior NCOs in pay grades E-5 and above with household incomes of at least $50,000) own some form of permanent life coverage. That’s a record high, up from 83 percent last year. And 64 percent of those without permanent life coverage say they are likely to consider buying a policy for themselves or someone in their household. More>>

Major Life Events and Life Insurance

6 Jul

When it comes to major life events, sometimes you have the luxury of planning things out in a very intentional way. But sometimes you don’t. That uncertainty puts a premium on keeping things up-to-date as part of your normal routine. With life insurance, that means ensuring that your coverage — both the amount and the type — reflect your current situation and wishes. What’s good today may not be tomorrow. More>>