Your Sobriety and Life Insurance Coverage
Addiction ruins lives. Period. And the truth of the matter is, those who are strong enough to make it through to see the light at the end of the tunnel have a new lease on life. A renewed love of friends and family. And, a desire to protect everything that supports a sober life. But,…
Types of Life Insurance. The Basics.
Life insurance comes in many shapes and sizes, but there are two basic types of life insurance policies: Term or Temporary life insurance and Permanent life insurance. They both do exactly what it sounds like: Term insurance is temporary and offers coverage for a specific period of time and pays the face amount of the…
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…
What Comes to Mind When You Hear the Words “Life Insurance”?
When people think of the words “life insurance,” many have an uneasy aftertaste to the term. Why? This blog explores the benefits of life insurance and why some people are hinky about coverage. Say you’re a tourist visiting New York City. You go into any coffee shop or diner and order a bagel. You take…
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…
