This is a common question posed by people seeking to get insured and I would like to share some insights. Whole Life or Term Life? The first thing I want to address are the two categories of life insurance, whole life and term life. Whole life is insurance that protects you until you die (for […]
Archive | Life Insurance
5 Myths about Life Insurance
Life Insurance is one of those things that some people would just rather not talk about and it’s likely that it’s because as a culture, we don’t like talking about death. Sadly, 40% of Americans do not have any life insurance, so I would say it’s something we need to talk about a bit more. […]
Buying Life Insurance is a Wise Financial Decision
For more than a decade, the insurance industry has designated September as Life Insurance Awareness Month. Many may wonder why they block off a whole month to focus on one particular type of insurance. After all, there are no months dedicated to auto insurance, homeowner insurance, or health insurance, so why life insurance? The primary […]
September is Life Insurance Awareness Month
Anyone who has followed this blog for any length of time knows that I am passionate about life insurance. I wanted to take some time to talk about why I am so passionate about life insurance since it’s Life Insurance Awareness Month. First, let me start by addressing the fear factor. By this I mean […]
3 Advantages to Having the Right Type of Life Insurance
To get the best life insurance policy for your personal needs, you really need to be educated. Even during that process, you will never learn all there is to know. As I have used my life insurance policy (yes, I bought one that I can use before I die) I have learned so much more […]
3 Reasons You Should Buy Life Insurance For Your Children
For some, the thought of buying life insurance for their children is ridiculous. They believe it’s something exclusively for adults who decide it’s time to become fiscally responsible, and often not thought of for themselves until they face marriage or the birth of their first child. I want to share with you 3 reasons why […]
How to Lower Your Life Insurance Rates Without Changing Companies
Did you know that if your life insurance policy was rated in a way that cost you more money, you might be able to have it reconsidered? That’s right. If you were significantly overweight, had a disease, or practiced a poor lifestyle choice such as smoking, there is a chance that you are not paying […]
Buy Term & Invest the Difference?
Perhaps you’ve heard this old saying as it relates to life insurance. The idea behind it was that someone could buy term life insurance for much lower monthly payments that permanent life insurance and invest the difference the payments elsewhere. In reality this doesn’t work for two reasons. First, buying term life insurance is simply […]