An Honest Discussion About Life Insurance
Posted: June 22, 2021
Talking about life insurance does not need to be morbid or depressing. The discussion can be smooth if you approach the subject right. An estimated 30 percent of families in the USA do not have life insurance, and if your family is part of that 30 percent, it is time to have an honest discussion. We have come up with a few tips on how...
The Importance of Reviewing Your Life Insurance Policy
Posted: June 7, 2021
You have likely already completed the hard part – putting a life insurance policy in place. However, it’s imperative you review your policy (or policies) at least once a year. The review will protect you from paying more than you need to, allow you to increase your coverage, or convert a term life insurance policy to a whole life insurance policy. Why Review Your Life...
Why Your Minor Might Benefit from a Life Insurance Policy
Posted: May 7, 2021
Most people do not consider buying life insurance until they are married or have children. If you are single and do not have any children, buying life insurance may not top your list of priorities. A minor of any age can own a life insurance policy indirectly as a gift or can be transferred by an adult. What is the Best Age to Buy Life...
Term or Whole Life: Which Life Insurance Policy is Best?
Posted: April 22, 2021
Buying life insurance can be confusing. After searching online, you will be inundated with endless email offers and ads on social media. To choose the right type of life insurance, it is worth understanding the basics, so you purchase a policy that best suits you, your family, and your financial situation. Life Insurance: What Type Do You Need? You have two main options in purchasing...
Voluntary Term Life Insurance Vs. Voluntary Permanent Life Insurance
Posted: September 7, 2019
Voluntary life insurance is an optional benefit offered to employees by employers. It pays cash benefits to a beneficiary upon the death of the insured. In exchange for the employer’s guarantee of payment of these benefits, the employee pays a monthly premium. Typically, employer sponsorship makes premiums less costly than for individual life insurance policies. Types Of Voluntary Life Insurance Employers can provide two types...