Insuring the Times of Your Life

29 Oct

102814youthministerPreston Newby was a youth minister. He and his wife, Tara, were driving with their son to visit family—excited to announce a new baby on the way. In the keeping with the kind of person Preston was, he stopped to help at the scene of an accident. That’s when he was struck by another car and killed. He was only 24. Fortunately, this young couple had done their planning and had bought life insurance. So despite the emotional upheaval that Preston’s death caused, Tara, a stay-at-home mom, and her two sons were able to carry on financially as they had before. More >>

Which is Better For You: Term or Permanent Life Insurance?

28 Oct

102814termorpermPermanent life insurance is one of the most confusing topics in personal finance. This makes a discussion of whether to buy term or permanent insurance a daunting task. Term insurance provides a level premium and a level-death benefit protection for a stated period of time, such as 10 or 20 years. Permanent insurance typically provides both a death benefit and cash savings. There are different types of permanent insurance, including whole life, universal life, index-universal life, variable life and variable-universal life. The initial premium for permanent insurance is higher than for term insurance with a comparable death benefit. A portion of the premium may be invested, eventually providing a buildup of cash value. More >>

Completely, Totally Not Enough Life Insurance

28 Oct

102814notenoughinsuranceRVOne day, I am going to die. How is that for the inspirational statement of the year? I’m not one of those people who sit around and stresses out about the day that I’m going to die. Let’s face it, it’s going to happen. Preferably not any time soon, because I still have plenty of In-N-Out Burger that I want to eat. There is something about the dying thing that you need to realize, though: it’s going to happen to you, too. I hope that it’s many years away from now, because I want you to enjoy some of the finer things in life. More >>

Accelerate Your Paper Applications by Submitting Online

28 Oct

102814AppNOWupload-e1414498908286Introducing AppNOW Upload – an electronic tool for document submission that expedites your case files by submitting them directly to Crump’s application processing team. AppNOW Upload enables you to electronically submit any insurance-related document including term, permanent, long term care, and disability documents. More >>

Will You Be Working “After” Retirement? Then Think About Life Insurance

28 Oct

102814oldworkerA new Merrill Lynch/Age Wave study found that 47% of respondents age 50 or older who identified themselves as retired have worked or plan to work during their retirement years. What’s more, 72% of pre-retirees in that age range said that their ideal retirement will include some form of work. Retirement, which had been age 62 to 65, is now typically 65 to 69. The unforgotten financial crisis may be playing a role in such extended working years. Many people panicked after the market crash, got out of stocks and never got back in. They’ve locked in the losses they took then and are still trying to recover. More >>