“More than a third (35 percent) of households would feel the financial impact within one month, if the primary wage earner died,” reported LIMRA blog Key Findings for the 2018 Insurance Barometer Study published April 10, 2018 by Maggie Leyes regarding the findings from the LIFE Foundation (Life Happens) and LIMRA International Inc (LIMRA), two associations who work to further the advancement of insurance and financial servicing matters.Read More
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 familyRead More
Traveling, locally or abroad, can leave you vulnerable to a number of health and safety risks, if you are not prepared.
On average, travelers are more likely to become victims of crime, violence, or experience unfamiliar situations. Being prepared is key to having a safe and incident-free trip.Read More
For people who have chosen to invest in life insurance as a way to guarantee their family’s long-term financial stability, there are some important steps to follow that go behind remembering to keep up with monthly premiums.Read More
People who are interested in protecting their family with a life insurance policy have a variety of things to remember when exploring their coverage options. For example, it’s crucial to determine whether a whole or term life insurance policy is in a family’s better interests.Read More
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.Read More
The transfer of property after a policyholder’s death can be a complicated processRead More
Not only that, he still felt responsible to take care of the extras for his adult daughter who sometimes needed a lift chair to get up and down the stairs, constantly adding the medical adjustments to his home as necessary. But his house was old, dated and needed so much repair.Read More
Middle-aged people don’t necessarily want to think about who is going to take care of them when they can no longer take care of themselves. However, insurance experts advise that age 50 is the best time to start thinking about weighing your options when it comes to long-term care.Read More
Many younger adults may question whether life insurance is a necessity at their age, especially if they are paying down student loans and trying to build savings for their financial future. What many may not realize is that life insurance is an important component of their future and that of their families.Read More