Regularly reviewing your life insurance coverage should be an integral part of your overall financial planning process. In fact, when you initially purchase a life insurance policy, you are not yet finished with this component of your financial plan, but rather, you’re just beginning – especially as you experience major life-changing events throughout the years. […]
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 […]
Are assets in 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 go on, and you have three kids […]
Understanding 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, and the settlement The most common way a settlement is […]
Once you have your life insurance policy, what should you do with it?
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 […]
I Have a Structured Settlement – Do I Need Life Insurance?
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. Alongside other questions about IRAs, high-value assets, and other aspects of retirement planning, some people also have questions about other specific things, and structured settlements are one of them. Structured […]
How Much Life Insurance Do I 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 […]
Getting Healthy and Other Things to do Before Buying Life Insurance
When shopping for life insurance, you’re probably more likely to buy it a lot quicker than the months typically spent researching a new car or computer purchase. That can be a good thing if you need life insurance immediately, but not so good if you’re looking for the best price. For people who have the […]
