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

What are the disadvantages of group life insurance?

What are the disadvantages of group life insurance?

As an employee, you might feel that employer-provided group life insurance covers all your family’s death benefit needs. It’s tempting to rely solely on group coverage because you may feel there’s no need to spend the money on extra coverage.

This type of thinking can be dangerous beyond the old phrase of “it’s never a good idea to put all your eggs in one basket.”

Read More