When you are thinking of life insurance to secure the financial well-being of your family, don’t forget the economical value to a stay-at-home caregiver. His or her financial impact would be felt the same way as losing the family breadwinner, working outside the home. Many discussions about the fiscal equivalence of a stay-at-home caregiver easily reaches into the six-figure range. Google is full of stories about the undocumented salary a stay-at-home caregiver generates over the…Read More
Now in the 21 century, bikes are back on the streets again, even used for those dressed in business clothes to commute back and forth from home to work.Read More
Simply, an annuity is a periodic payment to stop at a specific time or date but continue throughout a fixed period. The income paid out may be received annually, semiannually, quarterly and monthly. It depends on the agreement and most chose a monthly payment.Read More
The insurance industry is a powerful kingpin, with a total of $1.22 trillion net premiums in 2018, per an Insurance Information Institute (III) post of S&P’s Global Market Intelligence report. The Insurtech business model is an initiative for using smart technology in the insurance industry to streamline sales and customer experience. Insurance is one of the oldest industries and are not always adept to change. The dawn of Insurtech in 2010, a subset of Fintech…Read More
According to researchers at Johns Hopkins University. Just 5 grams (0.17 ounces) of sprouts contain concentrations of the compound glucoraphanin equal to that found in 150 grams (5.2 ounces) of mature broccoli which can help fight against cancer.Read More
The following tips can help improve the results of your life insurance examination.Read More
These policies give you a free look period for a full 30 days to examine and accept.Read More
But by its design an annuity works a little differently. An annuity offers guaranteed income for life, if you choose it to work that way. And you invest money into it same as you would any other money market account, like a 401k.
This is particularly likely for women, according to a recent report by New York Life Insurance Company, who traditionally endure a significantly longer retirement than men despite weathering the same economic conditions beforehand. The company said that women accounted for 64 percent of customers with fixed immediate annuities in 2009.
Life insurance plays a role in the business world which you may not have recognized before. Various life insurance products are utilized by companies. In McGill’s Life Insurance agents, and other insurance specialists, learn the versatility of life insurance as a tool for securitizing revenue not only for private families but also for the corporate family. These important purposes include: -Key person indemnification -Credit enhancement -Business continuation -Employee benefit plan Key Person Indemnification Key person…Read More
No matter how old you are and what your advantage is for savings, financial literacy will help you build wealth.Read More