The financial world comes with many words and concepts, and understanding common terminology can be helpful in successful money management and making sound financial decisions. If you’re building a financial plan and exploring annuities and life insurance, there are several terms are associated with these products that may be confusing. To better understand these solutions…Read More
by Arthur Dubois Many retirees have reached the point of financial security and might not consider life insurance important. Others might feel they don’t qualify or can’t afford the premiums. There’s also a misconception that life insurance is only for people with young families, dependents or those with significant debts. While some people may certainly be…Read More
Just because your term life insurance policy is set to expire doesn’t mean you’re out of options. Here are some insights — and solutions — for when you outlive your term life insurance. What happens when term life insurance expires? You were prudent – you thought ahead to protect your family by purchasing a term…Read More
1. Underwriting Experts who Get You the Best Rates on Life Insurance Your rates for life insurance are not a mystery. They are determined by many factors, but the two most important factors are your age and your health class. I’m sure you want to turn back the clock, however we cannot do anything about your age. You…Read More
1. Ask About Life Insurance Price Breaks To save money on certain types of life insurance policies, such as term life insurance, ask about more coverage, not less. Some companies offer life insurance price breaks, also called “milestone discounts,” for higher coverage amounts. For example, you might get a break for getting $250,000 in coverage…Read More
