Is your term life insurance policy about to come to an end? While it is actually designed to do just that, it may mean you have a decision to make about what to do: Do you keep it? Do you replace it? Do you go without coverage? Chances are, your financial situation may have completely
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. When we found out I was pregnant with our first child, my husband and I decided it was time to
Whole life insurance policies have been around for decades. In general, these policies are considered the safest option for those looking to provide for their families after death. The pros Guaranteed death benefits Fixed premiums that don’t increase with age Option to pay up face value in 10 years, 20 years, or at age 65
If you’re considering buying life insurance, you first need to decide between term life insurance and permanent life insurance. Term life insurance lasts for a fixed period of time, usually 10, 20, or 30 years, while permanent life insurance has no end date. Because coverage eventually expires with term life, it’s more affordable and straightforward.
Businesses spend a lot of money insuring buildings, equipment, and vehicles but their most valuable asset, people, tends to be overlooked. What if a key person or business owner either passes away, is accidentally killed, or falls critically ill, how would the business cope? Their death could be catastrophic, threatening the firm’s survival. A solution
Many people I meet with ask me if they’ll still need life insurance after they retire. Their children are grown and have good jobs. They have put together a reasonably solid income plan with Social Security, pensions and annuities supplemented by investments and retirement accounts. Their surviving spouse will have plenty of money if they