Why Women Are Suffering From a Life Insurance Gap

Why Women Are Suffering From a Life Insurance Gap

Consumers are nearly in full agreement that we all need life insurance. In fact, 85% of consumers say life insurance is a key element of their plans for the future. So why do only 62% of consumers report that they actually own a life insurance policy? To a great extent, those numbers are responsible for a more troubling trend: women are suffering from a Life Insurance Gap. And the story doesn’t end there; of those…

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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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How to Compare the Best Life Insurance Policies for 2017

How to Compare the Best Life Insurance Policies for 2017

Once you realize you’re behind the eight-ball – and behind the game – when it comes to life insurance coverage, it’s time to play catch up. The reality often sets in right around the moment your first child comes home.  You’re suddenly struck with the realization that there are people I love who depend on my income. That’s some heavy business to consider, and to get it right, life insurance should be an essential part…

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Survivorship Life Insurance and Estate Taxes

Survivorship Life Insurance and Estate Taxes

For couples who wanted to help their children avoid federal estate taxes, 2010 was a good year to kick the bucket. But you don’t have to die to reap the benefits of survivorship life insurance. Survivorship life insurance is also called “second-to-die” life insurance, and it pays out benefits once a second spouse dies. The basic premise is that those proceeds can be used to provide for children who might inherit Mom and Dad’s business,…

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