Keeping life insurers up-to-date about address or any personal information changes is one of the most powerful things a policyholder can do to decrease the chance of running into problems when making a claim, advised the New York State Insurance Department.Read More
There are a variety of reasons why some people don’t purchase life insurance. In many cases, consumers feel the coverage may be too expensive for their budget. This holds particularly true at a time when unemployment remains around 10 percent.
However, it’s those families who struggle financially who stand to benefit a great deal from a life insurance policy. The funds from a plan can be applied towards paying down debt and other goals if the policyholder passes away.Read More
Once upon a time, the majority of middle-income Americans who reached retirement age looked forward to maintaining their lifestyles with a combination of Social Security, company pensions, and their own hard-earned savings. Above all, most of those retirees were concerned about leaving an inheritance to the next generation.Read More