The right time to cancel life insurance is when you no longer need it. That may seem like a smarty pants response, but I’m completely serious. Maybe if I share a story or two with you, you’ll see what I mean. Jean bought whole life insurance years ago in order to pay estate taxes. (To […]
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.
Four Ways to Get Cheap Senior Term Life Insurance
If you are a senior citizen and others still depend on you financially, you might need term life insurance to protect your family if you aren’t able to self-insure. Of course you should do what it takes to reduce the cost. But if you need coverage you need to do something about it. If that’s the […]
Disability Insurance for the Self-Employed – How to Get the Right Coverage
Disability insurance for self-employed people is super important. Yet it’s often neglected and/or misunderstood. If you love being self-employed and want to stay in business, you owe it to yourself to learn a little about this subject. If not, you stand the real chance of kissing goodbye to everything you’ve worked so hard for. Just […]
Do You Need Life Insurance? If So, How Much?
Do you need life insurance and, if so, how much and which kind? As much as some life insurance agents like to complicate the question, it’s not hard to know if you need life insurance, which kind and how much. Let’s assume you have dependents and you are concerned about protecting your family. […]
Who Should Buy Guaranteed Issue Life Insurance – A Surprising Answer
Guaranteed issue life insurance is a last-ditch option for many people. But is it a good bet? First, let’s understand what guaranteed life insurance is. This is a life insurance policy that the company “must” issue if you pay your premium. The company usually just asks your age. They don’t ask any medical questions whatsoever. […]
Do You Need Mortgage Life Insurance Protection?
Mortgage life insurance in insurance that pays off your mortgage (whatever the balance is) if you kick the bucket. It sounds pretty cool on the face of it; who wouldn’t want to leave their family with a home that’s free and clear of debt if they die? So yes, it sounds good. Even better, it feels […]