The following is a guest post written by my good friend Jim Wang. For those of you who aren’t familiar with Jimmy, he’s a brilliant entrepreneur and blogger. In my opinion, Wang is a star. He is the creative genius behind a number of successful businesses and whenever I have a business problem – I […]
Insurance - How To Save Money
Life insurance is the bedrock foundation for a solid financial future. If people depend on you financially life insurance is the cheapest way to make sure your loved ones are provided for in case you die prematurely.
Having said, it’s important not to overpay for this protection. The life insurance industry has created some wonderful products. But they’ve also come up with a schemes that only work for the people who sell them – not for you. I want to make sure you don’t fall into any of those expensive and dangerous traps.
The following articles will help you understand the truth about life insurance and will help make sure you get the right coverage at the right price.
There is nothing wrong with having an opinion. But there is a lot wrong when you make the mistake of confusing opinions with facts. Indeed, when you make that error you run the real risk of running your financial ship aground irreparably. This is important stuff. Your mindset is the single greatest predictor of your […]
If you need life insurance you want to be damn sure the coverage you buy is solid and will be there when the time comes. But how do know if your company is strong or about to go belly up? This is especially important if you focus on getting inexpensive coverage. It’s nice to save […]
If you have an old life insurance policy, insurance sales people will sometimes try to talk you into exchanging it for a new one. This can happen with term or whole life insurance. There are two possible reasons for this. First, it might actually be in your interest. Second, since the salesperson makes juicy commissions […]
No they are not – if you take a few simple precautions. In fact, it’s very easy to avoid paying income tax on life insurance proceeds. Then again, all it takes is a little sloppy bookkeeping and you can inadvertently name Uncle Sam your new life insurance beneficiary. Who needs that? Let’s make sure that […]
If you knew exactly when you were going to die it would be very easy to buy the right life insurance. Pick the policy that expires a day after you do. But since nobody knows exactly when their number is going to be called, it’s a little harder to make the right decision. Here’s an […]