Life Insurance For Your Grandchildren

Life Insurance For Your Grandchildren

So as many Baby Boomer parents help their children and save for their own retirement, grandparents are saving and planning for their grandchildren’s college education with life insurance

Read More

How Much Life Insurance Do I Need?

How Much Life Insurance Do I Need?

Every adviser, financial columnist, and relative has his or her own, perfect method for determining the right amount of life insurance. The three most commonly used methods are multiple of income, cover your debts, and human life value concept.

Read More

Why Should I Consider a Life Insurance Policy Replacement?

Why Should I Consider a Life Insurance Policy Replacement?

A life insurance policy is a financial asset, which needs to be reviewed on a regular basis to ensure you are getting the value you expect, in exchange for the premium dollars you pay to the life insurance company. Your policy could be affected by a change in personal preference, the issuing company’s financial condition or increased competition in the insurance industry. In some instances, replacing your pre-existing policy with another one may be more beneficial for you, but it is a very big decision to make.

Read More

Where Can I Turn When My Household Income Runs Dry?

Where Can I Turn When My Household Income Runs Dry?

Whether it’s the loss of a job, unexpected medical expenses, home repairs or just putting the kids through college, anyone in a financial bind has a variety of resources they can turn to—particularly if they already have a bit of equity to borrow against.

Options include borrowing from a life insurance policy or a 401(k) plan, tapping a home-equity loan, an ordinary refinancing or getting a reverse mortgage.

Of course no discussion of these issues would be complete without first mentioning the importance of financial planning to try and avoid this scenario. Each of these options comes with potential drawbacks to the point where some financial analysts argue for just avoiding them altogether.

Read More

A 30-Minute Exercising Routine Can Cut Heart Failure Risk By 50%

A 30-Minute Exercising Routine Can Cut Heart Failure Risk By 50%

A recent study reported in the American Heart Association journal Circulation: Heart Failure, researchers say more than an hour of moderate or half an hour of vigorous exercise per day may lower your risk of heart failure by 46 percent. Heart failure is a common, disabling disease that accounts for about 2 percent of total healthcare costs in industrialized countries. The risk of death within five years of diagnosis is 30 percent to 50 percent,…

Read More

What Are the Differences Between Term Life and Permanent Life Insurance

What Are the Differences Between Term Life and Permanent Life Insurance

Life insurance is a financial security net that protects your family when you pass away. It provides monetary support, which can be used to pay for the funeral, help make ends meet, pay off debt or even help pay for future expenses like college tuition. Its tax-free payment that can be used for any purpose after an unexpected loss. Is term life or permanent life insurance right for you? One benefit that life insurance has over direct…

Read More

When To Sell Insurance Through Viatical or Life Settlement

When To Sell Insurance Through Viatical or Life Settlement

What are some tips to consider prior to selling a life insurance policy through a viatical or life settlement?

Read More

How Do Viatical Life Insurance Settlements Work?

How Do Viatical Life Insurance Settlements Work?

People living with a terminal illness are often faced with very tough financial decisions, and selling their life insurance policy for a viatical settlement can help ease some financial worry. It was originally intended for AIDS patients to have early access to their life insurance policies, but has expanded to include other conditions such as cancer, heart disease, and any other life-threatening illness.

Read More

Nursing Home Companies Join the Health Insurance Business

Nursing Home Companies Join the Health Insurance Business

Around the country, a handful of nursing home companies have begun selling their own private Medicare insurance policies, pledging close coordination and promising to give clinicians more authority to decide what treatments they will cover for each patient. These plans are recent additions to the Medicare Advantage market, where private plans have become an increasingly popular alternative to traditional fee-for-service coverage. Unlike other plans, these policies offered by long-term care companies often place a nurse…

Read More

What You Should Know About Children’s Life Insurance

What You Should Know About Children’s Life Insurance

If there is strong evidence of neglect and this type of conduct that caused the death of the insured, the company can deny to pay the beneficiary.

Read More
1 2 3