Shopping for term life insurance? Read this first.
A reporter once asked me three questions about shopping for term life insurance: 1. What questions should people ask themselves when considering term life insurance? 2. What questions should they ask about their term life insurance options? 3. Should people buy term life insurance online? Why or why not? Turns out I had a lot […]
What You Need to Know About Life Insurance Reviews
Key Takeaways: Even though there are about 1,000 companies that sell life insurance in the U.S., finding the right company to match your needs is easy when you read life insurance reviews. A review can tell you if the company offers one-size-fits-all policies or customized coverage to fit your lifestyle and financial goals. Buying life […]
Why It Makes Sense for Life Insurance Coverage to Decrease Over Time
Key Takeaways: Life insurance provides peace of mind for your loved ones after you’re gone. Most life insurance companies sell you a prepackaged policy. The same coverage that works for your neighbor, your uncle, or your friends might not be the best fit for you. When you stack life insurance policies together, you get more […]
Why You Shouldn’t Overpay for Life Insurance
Some insurance companies would have you believe that “bigger is better” when it comes to buying a life insurance policy. But overpaying for life insurance can mean sacrificing your life’s ambitions. When you buy more than you need, there’s less money left to put toward your other financial goals. The first step in choosing the […]
Understanding the Cost of Life Insurance
Life Insurance is a great way to create a financial safety net for those who rely on you. It is not uncommon to pay over the course of decades, so understanding the cost of your policy, and how it is calculated is important. Determining the cost of a policy is different for everyone, but the […]
Medical vs. No Medical Exam Life Insurance: What’s the Difference?
Buying life insurance can feel overwhelming. Because it comes with a lot of questions, many people put off purchasing a policy. According to LIMRA’s 2018 Insurance Barometer Study, 61% of people don’t buy life insurance because they put other priorities first. With over a third of households saying they would have money trouble within a month […]
Life Insurance 101
Understanding the different types of life insurance policies can be tough. With so many options, how can you decide what is the best life insurance? Like many things in life, the answer isn’t cut and dried. One thing is for sure: Life insurance can protect the people who depend on you if the worst should […]
Is there a right age to get a life insurance policy?
Life insurance is designed to protect your family and any other people who may depend on you for financial support. We get it – it’s probably not something you think you need to consider when you’re in the prime of your 20’s or 30’s, but, funnily enough, it’s actually the perfect time to think about […]
Comparing the advantages and disadvantages of Life Insurance
Life insurance is designed to protect your loved ones when you pass away – to assist them financially, cover any debt, and contribute to other “life” things such as college funds and life admin. It sounds like life insurance is mostly advantageous – but like anything, there are some disadvantages and when it comes to […]
Term Laddering: What is it and how does it affect your life insurance policy?
When you purchase life insurance, you are purchasing a safety net for your family and loved ones if something happens to you. If something does happen to you, your family members can use your life insurance benefits to cover any financial obligations and/or debts you may have, and meet other ongoing financial needs, particularly if […]
