How Life Insurance Secures a Father’s Legacy

How Life Insurance Secures a Father’s Legacy

Let Father’s Day remind you to secure a legacy with life insurance. This holiday is a celebration honoring fathers and father figures alike who have had a positive influence in our lives. It’s a day that should be spent not just showering our dads with gifts, but thanking them for all of their hard work and dedication. We should all spend less time worrying about the gift and more time with him. In the long run,…

Read More

Special Insurance Considerations for Dependents

Special Insurance Considerations for Dependents

Children and spouses are just one group of dependents that may require cash proceeds from a life insurance policy. Age and direct ties to your family are a couple things to think about if the worst should happen to you.

Distant relatives, ex-in-laws, foster children, and child support for any illegitimate children may also require additional streams of cash, notes Edward Graves, author of “McGill’s Life Insurance.”

Read More

Know This Before Disputing A Life Insurance Beneficiary – It’s An Uphill Climb

Know This Before Disputing A Life Insurance Beneficiary – It’s An Uphill Climb

You hired a divorce attorney, split your possessions amicably, remarried, and lived happily ever after for 30 years. Everything’s been taken care of, right? Wrong.

Did you remember to change the beneficiary on your life insurance policy? If not, there’s a good chance your life insurance proceeds might go to your previous spouse, leaving your current partner with nothing more than a pile of bills.

Read More

What Kind of Life Insurance Do I Need If We’re Expecting a Baby?

What Kind of Life Insurance Do I Need If We’re Expecting a Baby?

Many couples are aware of the importance of making sure they have enough money socked away in savings and retirement accounts as part of their long-term financial plan. Throw a baby into the mix and things like life insurance quickly become a necessity for any family.

Clothes, furniture and diapers are all easy things for soon-to-be parents to put on their “must buy” list, but purchasing adequate life insurance and getting other legal documents in place are even more important.

Read More

Does Life Insurance Benefit Me While I’m Alive

Does Life Insurance Benefit Me While I’m Alive

The words “life insurance” mean “death benefits” to most people – a useful tool only after a policyholder has died. Many don’t realize the important benefits a life insurance policy can provide while the policyholder is still alive. “Cash values available through permanent life insurance can provide funding to supplement retirement income,” said State Farm Insurance spokesperson, Angie Rinock. “Cash values through permanent life policies grow at interest rates that are generally guaranteed by the insurer.” A policyholder can also take out…

Read More
1 2 3 4