What Do I Need to Know to Find a Life Insurance Adviser?

What Do I Need to Know to Find a Life Insurance Adviser?

The life insurance industry has changed in recent years. Nowadays, life insurance is less likely to be sold by a “traditional” life insurance agent, and more likely to sold by a financial adviser, financial consultant or financial planner. These types of advisers have expanded their selling and servicing abilities to meet the changing needs of consumers. However, all of these changes have made the process of evaluating an adviser slightly more difficult.

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How to Avoid Mistakes When Buying Life Insurance

How to Avoid Mistakes When Buying Life Insurance

Some people shy away from the sometimes morbid task of securing a life insurance package, often leading to mistakes when choosing coverage, according to USA Today.

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How to Buy Life Insurance

How to Buy Life Insurance

Most people buy life insurance to ensure their loved ones are protected financially in the event of their death. But people don’t often realize that although paying funeral expenses and replacing income are two very important reasons to have a policy— you can also use life insurance to pay for a home, plan for retirement or pay estate taxes.

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Insurance tips for tough economic times

Insurance tips for tough economic times

Roughly 56 percent of Americans say the economic downturn has made it more important to have life insurance, compared to just nine percent who believe the need has diminished, according to a survey released by the nonprofit Life and Health Insurance Foundation for Education (LIFE Foundation). In addition, over the past year more people appear to have added to their life insurance coverage than have lost or reduced their coverage.

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What Is Permanent Life Insurance?

What Is Permanent Life Insurance?

Whole life or permanent life insurance protects you throughout the course of your life. There are four types of whole or permanent life insurance, according to the Life and Health Insurance Foundation for Education: traditional whole life, universal life, variable life and universal variable life.

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