Life insurance mitigates financial risks when the insured person dies. It’s actually a very straightforward concept. The life insurance policy (contract) is simply a promise to pay in exchange for a premium. What makes life insurance confusing to most people is the number of promises that can be a part of the contract. These are […]
General Blog
The Basics of Life Insurance
Considering life insurance? Purchasing life insurance is one of the best ways to protect the people you love, but it is often met with reserve and placed on the backburner. Although discussing your impending passing is never an easy conversation, it is a critical one to have. If you passed away tomorrow, what financial situation […]
Is Life Insurance Protected from Creditors?
Investments are important and making sure that your finances are in order should be at the top of the list. That’s why we believe life insurance is a great first step in the right direction. It’s essential you understand the protection that you’re providing your family and how they will be able to use the […]
Life Insurance Contestability Period
Life insurance is a complicated topic. There are tons of factors and terms that you’ll need to understand in order to have the best protection for your loved ones. While it can be a confusing purchase, we are here to ensure that you have the information and resources that you need to make the best […]
Your Spouse’s Life Insurance Policy and Your Rights to It
It probably wouldn’t make a good scene in a horror movie, but it would be horrific. Imagine for a moment that you’re a grieving widow. In your grief, you push aside your emotions and start thinking about your late husband’s life insurance policy. After all, you have to move on, and you have three kids […]
Life Insurance Company Financial Ratings
Many factors go into choosing the right life insurance company. Because life insurance is a long-term investment, you’ll want to be sure that you’re selecting a provider who will meet your needs. You’ll also want a company with a proven history of financial stability. This is important for all types of insurance, but it’s especially […]
Life Insurance Settlement Options
There are two main parts to any life insurance policy. The person who bought the plan, and the person who’s going to receive the payout from the policy, also called the beneficiary. The way the money is paid to the beneficiary is called the settlement. Understanding Life Insurance Settlement Options The most common way a […]
What You Need To Do With Your Life Insurance Policy NOW
After you have life insurance, you want to forget about it. I’ve talked about this before. Thinking about life insurance means thinking about some deep stuff, things you don’t want to really think about. Like what happens to your family if something dire happens to you. So naturally, after you buy life insurance, people tend […]
Life Insurance with a Structured Settlement
One of the biggest questions that people often have about life insurance is how it relates to other kinds of financial vehicles and financial planning. Structured settlements are one popular topic of discussion. Structured settlements can be a real lifesaver for a family. They’re not very prominent types of assets, and some people don’t even […]
How Much Life Insurance Do You Need?
We often get through life by making educated guesses. You’re fixing dinner, using a recipe you’ve never used and suddenly realize you don’t have the rosemary leaves the culinary website or cookbook calls for. So you use basil and hope for the best. And from what I’ve seen, we do the same thing with life […]
