Insurance experts typically advise people to protect their families with coverage equal to between five and seven years of their annual income – and potentially more if there are young children or older dependents to care for.Read More
You already know that having the proper life insurance policy also means having long-term financial protection, but what you might not know is that those policy proceeds can be used for charitable donations as well. In a guest column in the Lafayette Advertiser, life insurance professional Georgianna Latino notes that policyholders can name selected charities as beneficiaries of their policies – and benefit from tax deductions as well. Latino details how your life insurance policy can…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
Those who may be the least inclined to have a life insurance could be in the position to benefit the most from the financial security a policy can offer.
A new report “Basic Economic Security Tables for the United States” on family economic security released by the non-profit organization Wider Opportunities for Women (WOW) details the challenges that many Americans face in covering their basic expenses and what type of income it would take to save for their futures.Read More
Life insurance should only be purchased after consumers understand their financial situations and consider changes the future may hold.Read More
Feeling insecure about the future, Americans have a growing interest in financial products that offer guarantees, including life insurance, according to a report released by Prudential Financial, Inc.Read More
Some recent medical trends offer additional insight into why even younger and healthier people should consider investing in life insurance policies to secure long-term financial stability for their families.
For example, the group Extending the Cure, which works to help improve the effectiveness of antibiotics, recently highlighted a study which found that 48,000 people in 2006 died due to sepsis and pneumonia generated by hospital-acquired infections. This resulted in about $8.1 billion in added health costs for the year.Read More
With the holidays right around the corner, the LIFE foundation, an organization that represents the life insurance industry, is offering a unique gift idea for those who want to impress their loved ones.Read More