As a parent, you want to do everything in your power to protect your child’s future. You may have heard about life insurance for children and wonder if it’s something worth investing in. After all, why would a child need life insurance? In this blog, we’ll explore the pros and cons of buying life insurance Read More
Retirement planning is a critical step to ensure your financial security in the future. Life insurance retirement plans (LIRP) are one of the most effective ways to save for retirement. In this article, we’ll look at what a LIRP is, how you can use a LIRP to fund retirement, and how much it costs to Read More
The number of self-employed freelancers is growing rapidly. The flexibility of working for yourself comes with some risks, and life insurance is one way to protect you and your family. Life insurance can help to cover the costs associated with funeral expenses, debts, mortgages, and other financial obligations in the event of your death. In Read More
Universal life insurance is a type of permanent life insurance that offers flexible premiums and the option to adjust the death benefit over time. It also has a cash value component, which grows tax-deferred over the policy’s lifetime. How Universal Life Insurance Policies Work Universal life policies have two main parts: an insurance component– which Read More
Your loved ones will receive a life insurance payout from your insurer if you’ve been paying your premiums regularly and pass away with active coverage in place. However, there are some instances where your insurer may refuse to pay out a death benefit. In this article, we will discuss the types of death which will Read More
Everyone faces death at some point, which is why anyone who is leaving something behind for survivors should consider life insurance. It’s part of “end-of-life planning,” which encompasses financial concerns such as funeral expenses and payments to beneficiaries. Here’s a look at how life insurance can involve wills and trusts to clarify survivor benefits. Life Read More
State officials from Governor Gavin Newsom’s team have announced that California will end its COVID-19 state of emergency orders on February 28, 2023. However, many health officials and lawmakers warn of the potential dangers of the persistent virus. At the same time, many business leaders want the mandates to end. Here are important points shaping Read More
A term life insurance policy is a life insurance option available to most people due to its affordability and simplicity. The duration of such a policy generally ranges anywhere from 10 to 30 years. Here’s what you need to know about term life insurance policies compared to annually renewable life insurance policies. Changes in Life Read More
Universal life insurance is a variant of life insurance. With a universal life insurance policy, you have flexibility regarding the payment of premiums. You also get to choose how your insurer will invest your cash value. The two common types of universal life insurance are indexed and variable universal insurance. The main difference between these Read More
Term insurance is a variant of life insurance that offers coverage for a specified period or a given term of years. If you, as the policyholder, die during the specified period in your policy, your beneficiaries will be paid a death benefit. Here are the five mistakes to avoid when getting term life insurance Buying Read More