It is difficult to think about death regardless of your age, but life insurance is a necessary consideration. No one wants to leave additional financial burdens for family members to deal with. If you have put off getting life insurance…
Financial planning for any family is complicated, but the challenges rise to a new level when a child has special needs. “Parents are not only planning for their family’s needs and retirement, but for well beyond their lifetimes,” says Linda…
Insurance agents suggest to visit your primary care physician before shopping for a life insurance policy. All standard forms of life insurance require a medical exam, so it is important to make sure that any issues you had and resolved are…
It is fairly easy to understand why so many people at age 18 to 34 do not think they need life insurance. When you are younger, most of your energy is focused on yourself and your personal situation and goals. The older you get…
When buying a life insurance policy, you have two options when it comes to how your beneficiaries receive money. One way is to get the whole amount all at once, tax free. Another way is to get the death benefits…
For many retirees, the idea of giving up their family home is a tough proposition to accept. But according to Steven Sass, a research economist at the Center for Retirement Research at Boston College, that’s exactly what’s needed for many…
When you are the one choosing a life insurance policy you can make all the decisions, unlike when you get insured by your employer. If you go to the agent who worked with you on your homeowners insurance or auto…
When shopping for life insurance, be honest about your health and any conditions you have. Don’t waste your time by tiptoeing around the topic, because if this specific company will not offer you coverage, there are others that will. Just…
Often times, employees have life insurance automatically from their employer, or from a union or trade association. Having a group policy has a few advantages, comparing to an individual life insurance policy. First, you can get a lower rate for a…
When you shop for life insurance, choosing the right company is crucial. What’s very important is to pick a company with a good reputation, and also respectable and reliable. Your are buying the policy to protect your loved ones, so…
