Category: Life Insurance

7 Exclusions to Your Typical Life Insurance Plan

Life insurance is one of the most effective ways to ensure your family is protected. Should you suddenly become incapacitated or pass away, life insurance funds can be paid at once to the named beneficiaries without any concern about taxes or delays related to probate. However, when buying a life insurance policy, the one person who truly has your back is your agent. Every life insurance... Read Article

When To Time Your Life Insurance Purchase

Having a young family is the busiest time of life, and raising little ones tends to tie up a majority of the available time and attention. Young parents may forget to consider that putting a term life insurance policy in place is an important matter. Over the younger years, these policies are at their most affordable rates. Protecting your family with term life insurance can... Read Article

5 Behaviors That Can Raise Your Life Insurance Premiums

Your hobbies, lifestyle, and overall health impact how much you pay for life insurance. For example, if you have decided to take up scuba diving, mountain climbing, rock climbing, BASE jumping or decide that you want to get involved in skydiving, these activities will affect the cost of your policy. Essentially, your life insurance policy is a legal contract between you and the company that... Read Article

Why People Buy Life Insurance?

For the Death Benefit: To replace earning power at death To pay for cash needs that arise at death As a Disciplined Savings Program*: To help pay for educational costs To supplement retirement income To take advantage of business opportunities For financial emergencies Because of the Risk of Waiting: To replace earning power at death To pay for cash needs that arise at death For... Read Article

Estate Shrinkage In Action

The bad news is that at death, a portion of your estate may be siphoned off to pay federal and state death taxes, as well as fees and final expenses required to administer your estate. Your family then receives what is remaining after these estate settlement costs have been paid. The high cost of dying: The good news is that with proper advance planning, you... Read Article