Life insurance is a type of insurance that pays out benefits after the insured person dies. It may also be paid out after a certain amount of time. Many people are told that they need life insurance. However, before you get life insurance, there are essential things that you should know about it. You Need Life Insurance if You… Read more →
Tag: Living Benefit
Should You Buy Life Insurance for Your Kids?
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 →
Helping the Uninsurable
A new insurance technology company has released a new life insurance product for citizens in the UK. One of the largest life insurance companies, Royal London, has created this product to aid people who are deemed “uninsurable” because of pre-existing conditions. Those who are specifically targeted for this new product are people who have been diagnosed with diabetes and HIV… Read more →
Life Insurance and Taxes
Unfortunately for many, the tax deadline is approaching. Full of complexity and difficult-to-read text, tax season has innumerable individuals banging their heads against the wall in frustration. It brings with it added work; but hopefully it brings with it a positive return as well. You may be asking yourself how tax season pertains to your life insurance policy and whether or… Read more →