What Are the Differences Between Term Life and Permanent Life Insurance

What Are the Differences Between Term Life and Permanent Life Insurance

Life insurance is a financial security net that protects your family when you pass away. It provides monetary support, which can be used to pay for the funeral, help make ends meet, pay off debt or even help pay for future expenses like college tuition. Its tax-free payment that can be used for any purpose after an unexpected loss. Is term life or permanent life insurance right for you? One benefit that life insurance has over direct…

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

Could My Genetic Makeup Prevent Me from Buying Life Insurance?

Could My Genetic Makeup Prevent Me from Buying Life Insurance?

If your grandfather was an alcoholic does that mean that you’re destined to be one as well? What about your mother and aunt who have both been diagnosed with breast cancer? Your genetics determine more than the color of your eyes and skin, they present a detailed map that illustrates familial traits, ticks, and in some cases, the odds of being stricken by a serious illness.

Read More
1 2