Second-to-Die Life Insurance. Who Needs It?
Survivorship or Second-to-Die life insurance is a type of life insurance that covers two individuals (usually a married couple). The policy’s death benefit is only paid after both insured individuals die. While this type of coverage is most used for estate protection, parents of children with special needs can provide funds for living and care…
Life Insurance: What? Who? How Much?
Life insurance is one of the most important parts of a healthy overall financial plan. Continue reading and learn the what, the who, and the how much, of life insurance. What is life insurance? Life insurance, in its simplest form, is income replacement. When you die, your life insurance will help take care of those…
6 Life Milestones and Life Insurance
How you plan today will determine how you, and your family, will live tomorrow. When it comes to life insurance your needs may differ depending on where you stand in your personal and professional life at a given point in time. There are various milestones that may affect your life insurance needs. Understanding life insurance…
Is There Life Insurance for a Child with Special Needs?
Children with special needs can present exceptional challenges for parents. One being, ensuring your child will be financially secure and cared for after you’re gone. As any parent knows, raising a family can be both rewarding and challenging. However, caring for a child with such needs requires a level of devotion and dedication that can…
Life Insurance: Frequently Asked Questions
If you’re wondering what type of policy you need, for what length of time the coverage is necessary, how long it’s going to take to get a policy, you’re not alone. These are very common questions. Fortunately, you’ve come to the right place! We’ve put together these FAQs to help make this process as easy for you…
4 Tips for Life Insurance Shopping
Buying life insurance can be a seemingly insurmountable task. All the terminology to learn, all of the options to review and how to find the best deals – it’s a virtual nightmare and enough to send you packing up and saving the entire ordeal for another day. Truth be told shopping for life insurance isn’t…
The Facts About Whole Life Insurance
Whole Life Insurance is the gold standard of life insurance policies. This type of permanent life insurance is one of the most misunderstood financial products on the market today. In addition to providing a guaranteed death benefit for life, typically with guaranteed level premiums for life, whole life policies develop significant guaranteed cash values over time…
Permanent Life Insurance. What is it?
Permanent life insurance provides insurance coverage for your entire lifetime. As a matter of fact, in many cases, permanent life insurance is the safest way to make sure you have coverage when your time on this earth runs out (we call this “winning the game of life insurance”). Remember – a life insurance policy is worthless unless…
Holographic Wills. Are they Enough?
In the past few years we’ve heard many stories of legendary musicians such as Prince and Aretha Franklin who have passed with no official, legally binding Will and no estate planning, but a massive estate left for the courts and family members to slice and dice based on what their idea of what is fair. …
“Saving Your Age” Can Save You Money on Life Insurance
As most people know, your age has a lot to do with how much you pay for life insurance. But you CAN use your age to your advantage in getting a better rate. To find out more “saving your age” on your policy. For purposes of pricing their policies, term life insurance companies use one…
