Tag: Colorado Insurance

Don't Tempt Fate Waiting for the ACA to Cover You

Maximize Your Pension Using Life Insurance Life insurance is effective for more than the traditional use, which is to provide a cushion of liquidity for your loved ones when you're no longer around. Alternative life-insurance strategies can help achieve a number of goals, including replacing pension income. Consider the case of a couple who plan to live their retirement on one spouse's pension, not taking...

Some Universal Life Holders Face a Conundrum

Some Universal Life Holders Face a Conundrum Many holders of universal-life insurance bought their policies years ago, at a time when interest rates were high. Today, many of these policyholders will have to pay more or face cancellation, according to news reports. To understand why, you have to understand that we're talking about permanent life insurance. Unlike term life insurance, this insurance type doesn't limit...

How to Measure the Value of a Fixed Annuity

How Qualified and non-Qualified Annuities Differ You may have heard that annuities can be used in tax-qualified retirement plans, such as Individual Retirement Accounts (IRAs), 401(k) plans and 403(b) plans, but do you understand how these annuities work? Annuities used in these tax-qualified retirement plans are often referred to as qualified annuities. Alternatively, annuities that are not used in tax-qualified retirement plans are often referred...

April Personal Insurance News You Can Use: Craving an Out-of-This-World Vacation?

Insuring your home at replacement cost not market value is the key... Consumers are often frustrated by the amount of insurance their mortgage company requires them to carry on their home. Sometimes that amount is greater than the home's market value; often it's more than the amount remaining on the mortgage. But many insurers still insist your home be insured for at least 80% of...

March Life and Health Insurance News You Can Use: Are You Lying? The Nose Knows

Here's One Way to Insure Your Retirement An insured retirement is one that guarantees you income and protection during your golden years. But how do you achieve that? The U.S. is facing a potential retirement crisis as 79 million baby boomers enter or near retirement; in the future, this number is likely to increase. Retirement is expensive At the same time, retirement is becoming more...