Parents often wonder about the best ways to save towards their child’s future. There are several options: savings accounts, mutual funds, bonds, and life insurance. While life insurance can be used in the event of a child’s death, it can also be used as a building block towards college tuition and other expenses once a child reaches adulthood. Different… Read more →
Tag: Advice
The Pros and Cons of Permanent Life Insurance
Permanent life insurance provides protection throughout a person’s lifetime, provided that premiums are paid. It also builds cash value, which can be borrowed against or used to make premium payments. Term life, on the other hand, provides protection for a certain number of years and builds no cash value. Insurance experts recommend most people carry permanent life insurance and add… Read more →
How To Avoid Life Insurance-Planning Mistakes
Purchasing life insurance can be one of the best things you do for your family. In the event of your death, it can offer financial support, and therefore, peace of mind. Because of this, it is incredibly important to plan for your future. With that being said, here are a few tips so that you may avoid some common mistakes… Read more →
What is Burial Insurance?
If you are an adult, you are probably familiar with the complexities of the insurance industry. There are several different kinds of insurance available to us. Whether you need your car, house or phone insured, chances are there’s a policy out there for you. While I specifically deal with life insurance policies, I am not opposed to speaking about other… Read more →
Mistakes to Avoid When Buying Life Insurance
Life insurance is a form of financial protection that can help survivors pay off debt, cover living expenses, and more when the policyholder passes away. Despite the importance of life insurance, it’s easy to make errors when purchasing a policy that can result in financial disaster for loved ones instead of a safety net. Here are several of the most… Read more →
Who Needs Life Insurance?
Life insurance is a necessity, which I’ve mentioned time and time again. I can’t overemphasize the importance of life insurance. I’ve mentioned this before in several blogs, and while I’ve mentioned its importance, I do not believe that I’ve really discussed who life insurance is for. With that being said, I figured I could highlight who would benefit most from… Read more →