If I’m Single and Working, Should I Purchase Life Insurance?

If I’m Single and Working, Should I Purchase Life Insurance?

Those who may be the least inclined to have a life insurance could be in the position to benefit the most from the financial security a policy can offer.

A new report “Basic Economic Security Tables for the United States” on family economic security released by the non-profit organization Wider Opportunities for Women (WOW) details the challenges that many Americans face in covering their basic expenses and what type of income it would take to save for their futures.

Read More

How to save someone from choking to death

How to save someone from choking to death

For people from all walks of life, life insurance serves as a valuable safeguard against unexpected tragedies that can leave loved ones financially struggling for years.

For example, even the healthiest individuals aren’t immune to the risk of choking. In fact, a survey released earlier this year found that about 28 percent of the public has actually witnessed an individual choking.

Read More

Term Life Insurance Provides Inexpensive Protection

Term Life Insurance Provides Inexpensive Protection

It’s no secret that times are tough and money is tight. Fortunately, term life insurance provides inexpensive protection for you and your family.

So what is term life and what makes it unique from other life insurance plans? The biggest difference is that it provides protection for a limited period of time, notes Edward E. Graves, author of “McGill’s Life Insurance.”

Read More

Term Life Insurance Coverage Is Temporary

Term Life Insurance Coverage Is Temporary

As with everything in life, there are two sides to every story.

Edward E. Graves, author of “McGill’s Life Insurance” says that while some argue that term life insurance is great for those who need temporary coverage or have a lack of funds to buy permanent insurance, others are quick to point out its faults.

One of its great strengths in being temporary can also be its weakness.

Read More

Money needed to cover death-related expenses

Money needed to cover death-related expenses

The cash your family receives from a policy’s death benefit can provide the resources needed to lessen the financial weight that comes from death-related expenses.

The amount needed for these costs depends on your individual situation. Large hospital, medical, home care, or rehabilitative bills can drain a family’s resource before death even occurs. The cash from life insurance proceeds can help replace these losses so death-related expenses don’t plunge your family into a financial sinkhole, according to McGill’s Life Insurance author Edward E. Graves.

Read More
1 2 3 4 5