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: life
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 […]
Insurance When You’re Newly Married
Assess the coverage for your new household. Marriage changes everything, including insurance needs. Newly married couples should consider a comprehensive review of their current, individual insurance coverage to determine if any changes are in order as well as consider new insurance coverage appropriate to their new life stage. Auto. The good news is that married […]
Protection Against Uninsured Drivers
Getting in an accident with the uninsured might be costly. About 13 percent of all motorists, or one-in-eight drivers, do not have automobile insurance.1 Having the misfortune of getting into an accident with an uninsured motorist may have serious financial consequences depending upon the state in which you reside and whether it is a “no-fault” […]
Insurance When You’re Young and Single
Coverage can be a great comfort, even in youth. The transition to adulthood is an exciting new stage that marks true independence. You may have graduated from college, taken your first job, and even, rented your first apartment. With this new freedom comes real responsibilities, including protecting yourself from the financial risks that life presents. […]
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 […]
Read More… from How Your Credit May Affect Your Life Insurance Premiums
Keep Your Life Insurance When You Retire
Some good reasons to retain it. Do you need a life insurance policy in retirement? One school of thought says no. The kids are grown, and the need to financially insulate the household against the loss of a breadwinner has passed. If you are thinking about dropping your coverage for either or both of those […]
Life Insurance Explained
A quick look at the different types of policies. When it comes to life insurance, there are many choices. Whole life. Variable universal life. Term. What do these descriptions really mean? All life insurance policies have two things in common. They guarantee to pay a death benefit to a designated beneficiary after a policyholder dies […]