At a certain point in time you may take a step back and look at what is going on in your life and decide it is time for you to consider a life insurance policy. The mortgage on the house is something that would need to be paid for if you should die before it is paid off. What about funeral and buria
What is underwriting? You have heard this term from time to time when dealing with insurance or maybe even when applying for a mortgage. But what is it? In terms of insurance it is simply the name for the process of deciding what risk an insurance company is willing to take on. What is risk, you are
There are many different types of life insurance. There are two types of ordinary life insurance. One is the very common, Term Insurance. The other is what is called Permanent insurance. The two types of insurance are absolutely separate forms of insurance with well distinguished characteristics, re
What a time it is to save money now. There are multiple reports each day televised, on the airways and in writing sighting that due to the changes in the economic environment more and more American’s are making lifestyle changes to carefully navigate their way through these challenging financi
We are all feeling the effects of an economy that is not the same as it was just a short time ago. People are making life style changes and sacrifices big and small when adjusting to the changing economic environment.Maybe you are grocery shopping with coupons now and you never had before. Maybe you
Life insurance is a basic staple in the insurance shopping bag. If you think about it, life insurance is actually an ironic term because its benefit doesn’t occur during life, it is a benefit paid when a death occurs.No one ever wants to think about not being around one day. But the truth is o
You have decided that you need life insurance. You have a mortgage that you want to be sure is covered if you should pass away before it is paid off. You don’t want the outstanding debt to become your spouse’s responsibility. You go online and get quotes from multiple companies. You look
Settlement options, Dividend options, and non-forfeiture options are three life insurance payment selections available for life insurance policies.A settlement option is a way to receive policy proceeds in a way that doesn’t include getting on lump sum of a payment at once. The settlement opti
Imagine getting to the point where you can actually retire. Ah, the relief, the peace of mind and the excitement. Not having to do the daily grind that comes with maintaining a full time career or job. You have done that for so many years. You are ready for a change. And you have earned it. Retireme
What is Split Dollar Insurance? You may or may not have heard of this term. It sounds very sophisticated at first, but with a little explanation, this type of insurance is easily understood.Split Dollar Insurance is when two entities, an employee and an employer, pay premiums and the benefits of a l
So you have the understanding that you want to buy Life Insurance. You’re married now, or maybe you just had your first baby. Or maybe you just bought a home, which in most cases means you now have a mortgage. It occurred to you that you need to put some protection into place to save guard the
Imagine a story of a business owner that found out their passion at an early age. This passion was for formal wear. Yes, tuxedos. A young entrepreneur found the desire for business, as well, at the very young age of 17 during a business class in high school. This passion led to many years of working
By definition, insurance is a contract used to transfer risk of financial loss associated with premature death from the insured to the insurer. Life Insurance can be used in other ways than just providing a death benefit to a beneficiary if a loss occurs in a family setting. A policy can be put in p
We are all feeling the effects of an economy that is not the same as it was just a short time ago. People are making life style changes and sacrifices big and small when adjusting to the changing economic environment.Maybe you are grocery shopping with coupons now and you never had before. Maybe you
