Is Life Insurance Worth It?

Is Life Insurance Worth It?

Protecting what matters most was the focus of a recent survey done by financial services firm Edward Jones and nonprofit consumer-education organization Life Happens in December 2018. Not surprisingly, the survey found that 81 percent of Americans believe their family is their most valuable asset, but less than half (41 percent) are protecting their family with an individual life insurance policy. One third of the over 2,000 Americans surveyed (32 percent) indicated that life insurance is either a low priority or no priority item when starting a family

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Women Undervalue Their Impact On Family Fiscal Health

Women Undervalue Their Impact On Family Fiscal Health

Whether they work inside or outside the home, women contribute to their family’s economic well-being. Unfortunately, many of them undervalue their contributions and don’t consider what will happen to their survivors when they die. According to the Insurance Information Institute, 43 percent of adult women have no life insurance. Even those that are insured have insufficient coverage, carrying roughly one-fourth of the amount that would likely be needed by their life insurance policies’ beneficiaries.Women who are a family’s…

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Why Should I Get Whole Life Insurance?

Why Should I Get Whole Life Insurance?

It seems to be a common theme of ordinary whole life coverage that each benefit helps supply another one.

The entirety of a contract provides lifelong protection. Due to the length of time you are covered, the regular premium payments can be spread out so that you can pay them at a lower cost. These level premium payments then allow for the policy to accumulate a reserve of cash that can be used at a later time to take out a loan on a house or pay for college tuition.

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