As a stay-at-home parent, you may not think you need life insurance. After all, you may not have an income to protect. But that doesn’t mean you don’t need life insurance. In fact, life insurance can be an essential part of a stay-at-home parent’s financial security plan. Let’s examine why stay-at-home parents need life insurance Read More
Regarding health insurance, Medicare is a popular option for many seniors. However, it is not an alternative to life insurance. Medicare and life insurance are separate forms that can work together to provide comprehensive coverage for health costs. This article will discuss whether Medicare covers life insurance costs and explain how life insurance can supplement Read More
Many life insurance policies have waiting periods that delay your coverage from kicking in. These waiting periods allow insurers to review various parts of your application. They will evaluate your background and entire medical history to determine what level of risk you present to the company. Your life insurance will be held in limbo during Read More
Life insurance serves many purposes. While most people only associate life insurance with death benefit payouts, the advantages of having a good whole-life policy go much further. They can be quite effective as part of an investment package if you are looking to improve your long-term financial stability. Whether you want to invest in stocks Read More
Before borrowing from your life insurance policy, there are a few details to be aware of. If you have borrowed 100% of the benefit amount on your death and die before paying back the debt, there’s no good way to get that money back from a partial policy. If you don’t pay off all the Read More
Life insurance provides a safety net during rough times. In the event of your untimely passing, life insurance steps in to help keep your loved ones afloat. The policy helps cover your family’s financial needs, such as finalizing your affairs or covering daily expenses. While replacing primary income is the key purpose of life insurance Read More
Bringing up life insurance with your family isn’t always easy. Most don’t want to talk about it because they may think it is tempting fate, and others can find it depressing. The goal is to find ways to start a discussion that doesn’t foretell doom and gloom. It’s easy to start talking about things and Read More
Life insurance policies can be purchased from many different sources. Employers, banks, insurance agents, and organizations all offer life insurance policies to their members. Over time, policies can be lost in the shuffle of documents that people collect over the years. If you are looking for a lost life insurance policy, this article discusses a Read More