Having life insurance in place, whether you are young or old, is vital when you die. When young, we have life insurance to cover income replacement and debts, like a mortgage. As we get older, the debts get paid off and the children grow up, but the need for life insurance is still there. You.. More
AARP Permanent Life Insurance If you have reached the age of 50 or above, then you have received countless mailers from the American Association of Retired Persons (AARP). These mailers are meant to inform you of the benefits that having a membership with AARP offers. AARP permanent life insurance claims to offer the best and.. More
No Exam Life Insurance If you ask most consumers, the most aggravating part of buying life insurance is having to take the medical exam. It can be inconvenient and intrusive to free up time for a stranger to come by and ask a bunch of personal questions. The good news is that now a lot.. More
Whole life insurance, also known as permanent life or straight life insurance is a cash value type of policy which offers protection during the entire lifetime of the insured. It has two main benefits: A guaranteed death benefit and premium The cash value that is accumulated over the length of the policy and can.. More
Mortgage protection insurance, or MPI, is a decreasing term life insurance policy meant to pay off the home if you pass away, or in some cases, make the mortgage payment if you were to become disabled and couldn’t work.
If you have loved ones that depend on you financially, then you probably need life insurance. Life insurance proceeds are paid out tax-free so that your loved ones can use it for such purposes as paying off debt, paying off mortgage, or income replacement to name a few.
Term life insurance is a basic, cheap, and relatively easy concept to understand. It can provide a death benefit with a stated premium that guaranteed level for the term period selected. Therefore, it is an excellent choice for the most consumers.
One of the greatest accomplishments that people make in their adulthood is buying their dream home and getting away from the rent payments. When you get rid of those rent payments and buy a home, many more responsibilities arise. Such as, maintaining the lawn, repair of appliances if necessary, homeowners insurance, and mortgage protection insurance. This can make things a little stressful. In this article we will explain what mortgage protection insurance is and if it’s a good buy.
North American Company Review If you are a policy holder with North American Life Insurance, then you probably already know what a great company they are. If you have never heard of North American, then read on for an in depth review. We will discuss the pros and cons and give our thoughts about North.. More
When you purchase a life insurance policy, essentially you are providing a safety net for your loved ones if you’re not around to provide for them. With a life insurance policy, your family can use the benefit to cover burial costs, mortgage payments, and kids education just to name a few. If you have ever.. More
When you buy a house, it is one of the most overwhelming, yet rewarding purchases of your life. The worry of “will I be able to make the payment” or “did I buy the right house” seems to be a norm.
Life Insurance for Seniors As you get older, and more wiser you start to look back when you were younger and wish you had done things a little bit differently. This is especially true when it comes to Life Insurance. When we are young and healthy we don’t feel we need life insurance. So we.. More
American National (ANICO) Review With the explosion of the internet also came recognition for life insurance companies that most people have never heard of. Easier to advertise and get their name out there with social media and email marketing campaigns. Well one company that has been around a long time and starting to get some.. More
Having a child or children with special needs comes a lot of planning in day-to-day life. The action that often gets put on the back burner when you have a special needs child is financial planning for their future!! Planning for your child’s future in the event they are unable to support or care for.. More
Being a parent to a special needs child is one of the most challenging yet rewarding jobs of our lifetime. I know because I am the father to a beautiful son (pictured above) who has down syndrome. Watching our children struggle with the most basic aspects of life is difficult for any parent. With that.. More
Graded Benefit Whole Life Insurance When you have a serious health condition, many tend to believe that they will get denied life insurance. Normally that isn’t the only reason, many other factors lead to denial of life insurance. Such as if you have multiple DUIs or reckless driving, if you have a history with drugs/alcohol,.. More
Life Insurance at Age 65 By the age of 65, it is likely that you have purchased life insurance. But in some cases, a lot of Americans haven’t. At this age you most likely need it but risk the prices being extremely high. Many still have debts and mortgages to pay off, and some still.. More
How to buy life insurance online? Are you looking to buy life insurance online? Don’t look any further, we have you covered. We will discuss what the benefits of life insurance are, what types of policies are available, and what to look out for when purchasing online. So sit back with your cup of coffee.. More
When you purchase a home, this usually will be one of the biggest financial obligations of your life. Your life insurance policy will become essential in your financial planning, especially when buying a home with a spouse or loved one. In 2015, homeowners median monthly mortgage payment was $1,030 according the U.S. Census Bureau. Mortgage.. More
There is no doubt that purchasing a home will be the biggest investment of most people’s lives. It will be one of the most exciting times, but can also be very stressful. It is easy to get burnt out by a host of new chores and financial worries that may have never crossed your mind… More
Why is Term Life Cheap? A question we get a lot when quoting life insurance to our clients is; why is term life cheap, especially compared to permanent life insurance? The honest answer is the life insurance carriers have been making money from the sale of term life for years. The life insurance industry estimates that.. More
Term life insurance is chosen more often than all permanent life insurance products together (whole life and universal life).
If you are senior, then you probably have received some type of advertisement in the mail for AARP Life Insurance. We get asked a lot if it is as good a deal as it seems. Well the short answer is no it is not, but they do have some niches that fit well with some.. More
If you have a family and you want to rest easy, you need to have life insurance. This will make it possible for your loved ones have no financial problems in case you die unexpectedly. If you have a family that depends on you, life insurance should be a priority for you. Life Insurance is.. More
Globe Life Insurance Review These days with all the advertisements on television and paid reviews, it’s hard to find an honest review of a life insurance company. That won’t happen here. We are an independent life insurance agency whom represents the best life insurance carriers in America. We give you our honest and experienced opinion.. More
Typically, most people don’t wake up in the morning thinking today is the day I’m buying life insurance. In most cases, people are motivated to buy life insurance because of a live event, usually a birth or a DEATH. Sometimes its effective advertisement or maybe even a pesky relative who’s just gotten in the business.. More
Indexed universal life insurance is a universal life insurance policy that includes cash value and a guaranteed death benefit. It is called indexed because the cash value portion of the policy earns interest according to a market index, i.e. NASDAQ and S&P 500. It has a ceiling and floor cap depending on the stipulations in.. More
If anyone has ever talked with you about using life insurance as an investment, you have probably heard the saying “buy term and invest the difference”. This saying is based on the premise of buying low cost term life insurance which frees up money for investments. Permanent life insurance, life insurance that has a cash.. More
What’s a reason to buy life insurance? If you ask a financial advisor, the first thing he or she would ask is “are you insured?” Life insurance is an important component of financial stability, for untimely death, but also for other aspects of future financial stability; with the right financial planning and policy. It can.. More
Life Insurance is when the major decision is made to provide financial support to your family members in the event of an untimely death. This can be a confusing and frustrating process to most. It can take weeks and sometimes months which is aggravating at best. If you are thinking about purchasing life insurance, then.. More
One of the main attractions with permanent life insurance, like variable universal life, is the cash value component attached. The problem with most of these permanent policies is the rate of return is usually low. This is where variable universal life could make a difference. What is Variable Universal Life? Variable universal life insurance is.. More
What is term life insurance? Term life insurance is policy that provides a death benefit for certain amount of time. If you, the insured, passes away during that set time period, then your beneficiary would receive the death benefit. With term life insurance policies, you choose the benefit period that best suits your situation at.. More
There is a big mis-conception out there that if you don’t bring actual dollar bills into the household, then you don’t need to have life insurance. This couldn’t be more wrong. Stay at home parents need just as much coverage as the breadwinners do. I am going to outline some reasons for you to consider:.. More
Living Benefits Life Insurance If you have done your financial planning homework there is a good chance that you own a life insurance policy. You have the amount of coverage needed to protect your family and have chosen the policy (term or permanent) that best fits your situation. That is wonderful but you may be.. More
Permanent Life Insurance is also called “cash value insurance”. This means a permanent policy builds up cash value over time. There are 2 types of permanent policies on the market today. They are: Whole Life Insurance and Final Expense Universal Life Insurance (There are 3 variations of universal life: Guaranteed Universal Life, Indexed Universal Life,.. More
What is Indexed Universal Life? Indexed Universal Life insurance is an adjustable life insurance policy. It works the same way as a regular universal life policy in that it provides a death benefit and a cash value. The main difference between them is the cash value component. In a regular universal life insurance policy, the.. More
Life Insurance for Children Should you own life insurance on your children? That’s a question we get a lot, and there really is no wrong answer. I can see both sides of the argument regarding it’s value to your child. Life insurance for children should be a discussion to have for every parent. Life insurance.. More
Life Insurance on your parents is an intricate part of your planning especially if it hasn’t been purchased by your parents already. It will also open up conversation related to senior planning such as wills and long-term care. The good news is you can purchase life insurance on your parents if these criteria are met… More
The rate of death from heart attack, stroke and cancer have been declining for the past 20 years according to the CDC. Even though death rates are falling for these critical illnesses, health care related expenses have been rising astronomically. If you do have enough savings in place this could lead to financial ruins. One.. More
Life Insurance for Diabetics With over 30 million Americans living with diabetes we get this is a question on a regular basis. Life insurance for diabetics is obtainable, but it’s not as simple as you think. There are a lot of other things that will factor into your ability to qualify. You will want to.. More
Life Insurance for Cancer Survivors I am writing this blog to try and clear up some of the misconceptions with cancer and the purchasing of life insurance. If you have had cancer or have it now, you are not completely out of luck. In 2018, the National Cancer Institute estimates there will be over 1.7.. More
Is Your Term Life Insurance Expiring? Term life insurance is a great product to own. It is cheap and easily understood. If you pay the premium set by the insurance carrier and you die, then the claim is paid. Easy enough right? The major problem with term life insurance is that it comes to an.. More
Down Syndrome This blog post I am a little too familiar with. My first and only child Liam, who is 7 months old, has down syndrome. I know all too well the challenges we face when it comes to securing life insurance on our little ones. In this article, I will give you some hope that we can.. More
Are you thinking about buying life insurance online? If so, we got you covered. There has been a trend over the last few years in that most consumers looking to buy life insurance, do so online. Most are “googling” the different types of coverage or they are looking for a quote. We will cover what.. More
You have probably heard of Transamerica Life because they do a great job of advertising. Whether it’s from commercials or sponsoring PGA events, their name is one of the most recognizable life insurance companies their is. Transamerica has one of the most competitive term products on the market which makes them a great company to.. More
Do you consider yourself or any other member of your family a high-risk life insurance applicant? Are you wondering if the amount of risk in your life can affect your chances of getting covered? Well, if yes is your answer to these questions, you’re certainly not alone. Life, for the most part, can be a.. More
The purchasing of a life insurance policy can be an intimidating process, especially when your agent over complicates the situation. This blog post is meant to help you understand the different types of life insurance policies and how they work. There are basically 3 types of life insurance policies to choose from. There is term.. More
Buying Life Insurance Online: What you need to know! Are you thinking about buying life insurance online? If yes, you’re certainly not alone; today, life insurance is incredibly popular among consumers of all ages. Life insurance is clearly one of the many important purchases you’ll make in your life. And yes, failure to buy life.. More
Let’s face it; basically, every one of us has heard about insurance and its many types — car insurance, life insurance, health insurance, homeowners insurance, travel insurance and more. But of course, our focus here is on life insurance. In today’s world, insurance and its processes can seem a bit confusing and difficult to understand… More