When it comes to important life changes, the first thing that comes to mind may not typically be one’s insurance coverage. However, it’s important to keep track of one’s life insurance needs and other insurance details as time goes by, for a number of different reasons.Read More
The battle against breast cancer touches nearly every family in the United States. After decades of research, improvements in detection and more aggressive treatments, considerable progress is being made against this dreaded disease.Read More
Longevity was in the news recently as a 114-year old Montana resident gained global attention for achieving the distinction of being the world’s oldest man.
In general, advances in medical technology and healthy lifestyle information have been helping Americans live longer than ever, although the large majority will still never make it to age 100.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
If you were to ask a single person if they have purchased life insurance, don’t be surprised if they look at you blankly. It’s true that singles who are young and healthy rarely think about their own mortality yet alone life insurance, but here are some sobering facts…Read More
Figuring out the amount of life insurance that best fits your needs can be overwhelming. Most people would rather find something else to do than wrestle with their own mortality and tackle the subject of life insurance. But it’s necessary to ensure that your loved ones are protected if something were to happen to you.Read More
Life insurance should only be purchased after consumers understand their financial situations and consider changes the future may hold.Read More
Edward Graves, author of “McGill’s Life Insurance” recommends using your life insurance policy as an immediate source of cash to help replace damaged property and address unplanned emergencies.
While some families might have the funds necessary to cover everything, the immediate cash from a life insurance policy can be a lifesaver for others.Read More
The standard rules of thumb for purchasing life insurance policies – which tend to be based on income levels – may not be sufficient guidance in every case, according to a report in the Chicago Tribune.
Author and expert Tim Maurer told the Tribune that consumers should consider total life insurance needs by combining four main categories: Final expenses, mortgages and other debts, income replacement, and educational funds. These will vary wildly depending on the number and age of a family’s children, amount of money owed on a mortgage, and overall income level.Read More
Life insurance proceeds can be allocated to your family two different ways: lump-sum needs at death or ongoing income needs.Read More