Having Kids = Needing Life Insurance
Posted: April 3, 2018
If You Have Children, You Probably Need Life Insurance According to a recent article in The Motley Fool, an alarming 75% of millennial parents currently do not have life insurance. A study by online platform Bestow indicated the reasons given by the millennials - the need to research insurance options and insufficient time - show they're falling short when it comes to insuring their own...
How Much Life Insurance Do You Need?
Posted: October 6, 2017
How to Calculate Your Life Insurance Needs It's hard to generalize when it comes to life insurance. What one family needs may differ drastically from what another family in similar circumstances requires. How can you know if you have enough? One way to determine how much life insurance you need is to peg it to 10 times your yearly income. This method, however, doesn't provide...
Life Insurance Costs Less Than You May Think
Posted: July 31, 2017
Life Insurance Costs Less Than You May Think Many people avoid purchasing life insurance, especially later in life, because they think it will be too expensive. Not necessarily. According to a 2016 study by Limra, 30% of US households do not have life insurance, and even those households with life insurance only have enough to replace three years of income. Although it depends on your...
Simple Life Insurance Buying Tips
Posted: March 3, 2017
Insider Tips Make Buying Insurance as Easy as 1-2-3 Without a knowledge of industry terms, buying life insurance can seem complex and confusing. A little research (and some guidance from your agent) goes a long way toward finding the policy you need without a lot of hassle. When looking into life insurance, consider the following key components. 1. Determine your need for life insurance Different...
Term Life Insurance Is Usually Better...
Posted: June 9, 2016
Term Life Insurance Is Usually Better... Life insurance is often presented to older, successful investors as a means of saving additional money for retirement. But is this a good option for you? First, it's important to understand how life insurance works. Traditionally, you buy a policy for its death benefit. In other words, it is designed simply so that it will pay a sum to...
