Considering coverage for your household. A growing family, by definition, means growing financial obligations – both in the present and in the future. Raising children can increase your insurance needs and heightens the urgency for being properly prepared. Auto. When a child becomes a new driver, one option is to add the teenager to the […]
Tag: coverage
Universal Life Insurance
Coverage with a flexible premium. Universal life insurance is permanent life insurance – that is, it remains in force for your whole life as long as the premiums are paid. But universal life insurance has an important difference from other types of permanent insurance: it provides a flexible premium. That means the policyholder decides how […]
Insurance Needs for Empty Nesters and Retirees
Thinking about coverage as you enter a new phase. With the children now out of the house, financial priorities become more focused on preparing for retirement. At this stage, you may very likely be at the height of your earning power and fast approaching peak savings as you lay the groundwork for retirement. During this […]
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Is Term Life Insurance for You?
Term insurance is the simplest form of life insurance. Here’s how it works. Term insurance is the simplest form of life insurance. It provides temporary life insurance protection on a limited budget. Here’s how it works: When policyholders buys term insurance, they buy coverage for a specific period and pay a specific price for that […]
The High Cost of Health Care
A financial strategy can take health care costs into account. One of the most ubiquitous aspects of social media in recent years has been the arrival of Americans crowdfunding around a major health issue. While America has a level of health care available that rivals the rest of the world, there is no denying that […]
Smart Financial & Insurance Moves for New Parents
As you start a family, consider these ideas. Being a parent means being responsible to a degree you never have been before. That elevated responsibility also impacts your financial decisions. You are now a provider and a protector, and that reality may make the following financial moves necessary. Think about a budget. As a couple, […]
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How Your Credit May Affect Your Life Insurance Premiums
You may be surprised to learn about the potential relationship. Does your credit history partly determine the cost of your life insurance? It may. The potential for such a relationship may surprise you – and the relationship is not without controversy. Insurers think a good credit history implies several things. It signals a consumer who […]
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What People Overlook When Shopping for Life Insurance
A few realities that must be acknowledged. Shopping for life insurance means paying attention to detail. In scrutinizing these details, however, some fundamental, big-picture truths may be ignored. If you want to renew or upgrade coverage later in life, the terms could be less than ideal. You may be healthier than most of your peers, […]
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The Risks of Putting Too Much Money Into an Annuity
These private income contracts do have potential flaws. It may not be good to have all your eggs in an annuity basket. Or even a majority of your eggs, financially speaking. Fundamentally, an annuity contract means handing over your money to an insurer. In turn, the insurer pays out an income stream to you from […]
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Avoid These Life Insurance Missteps
Shop wisely when you look for coverage. Are you about to buy life insurance? Shop carefully. Make your choice with insight from an insurance professional, as it may help you avoid some of these all-too-common missteps. Buying the first policy you see. Anyone interested in life insurance should take the time to compare a few […]