Variable Life Insurance A variable life insurance policy is a contract between you and an insurance company. In exchange for a premium the insurance company promises to pay specified amount to your beneficiaries upon your death. In this article, we will go over the basics of variable life insurance. The Basics Variable insurance differs [...]
Life Insurance for Seniors Life insurance for seniors can provide many benefits, like the ability to cover funeral costs or provide for the loved ones you leave behind. However, it is important to note that most insurance companies have age restrictions on how old you can be for them to issue a policy. This [...]
Life Insurance Verses Annuity Life insurance verses annuity, which is best for your financial situation? Read on to find out how life insurance and annuities work, their differences, and what they can do for you. Life Insurance Basics Life insurance is an agreement between you and an insurance company. In exchanged for premiums the [...]
Indexed Universal Life Insurance Myths Indexed universal life insurance is a type of permanent life insurance. It offers both a death benefit and a cash value. The growth of the cash value is directly tied to an index. It is a bit more complex than a traditional whole life policy, so there are some [...]
Life Insurance Frequently Asked Questions Life insurance can be a useful wealth management planning tool. But many people have questions about how it works. In this article, we will go over 8 life insurance frequently asked questions. 1. What is Life Insurance? Life insurance is a contract between you and an insurance company. In [...]
10 Life Insurance Myths Life insurance is a common financial planning tool. But it can be misunderstood. In this article, we will bust 10 life insurance myths. 1. You Only Need Life Insurance When You’re Older Many have the misconception that you do not need life insurance until later in life. But younger people [...]
Using Life Insurance as an Investment Life insurance is typically used as a tool to care for your loved ones after you pass. But you can also use life insurance as an investment during your lifetime. You can only utilize whole life and universal life insurance as an investment. This is because they have [...]
Universal Verses Variable Universal Life Insurance Universal life insurance and variable universal life insurance are both types of permanent life insurance. In this article, we will compare universal verses variable universal life insurance so you can decide what is best for you. Universal Life Insurance Basics With universal life insurance you are able to [...]
How to Choose Life Insurance Purchasing life insurance is an important part of your financial plan. But it can feel like an overwhelming process. In this article, we will go oversteps on how to choose life insurance. Figuring Out What You Need The first thing you need to choose about life insurance is how much [...]
Estate Planning and Life Insurance Life insurance can be a helpful estate planning tool. Many use it to help their loved ones cover lost income or pay off debts, but there are more uses for it. In this article, we will discuss 3 ways you can use estate planning and life insurance. 1. Final [...]
