Should I Reevaluate My Life Insurance Portfolio?

Life changes that should lead you to review your life insurance. If you purchased life insurance a while ago, you probably haven't given your policy much thought.  However, if you've experienced major life changes since then, you should probably take the time to reevaluate your coverage to ensure that it still fits your needs.  Here are some of the major life changes that should cause you to reexamine your life insurance. Family Growth If you've gotten married or had children since you Read More

Understanding Term Life Insurance

Here's what you need to know about term life insurance. The majority of Americans recognize the importance of having life insurance coverage to care for their loved ones. However, many do not know where to start when it comes to securing this essential coverage. When it comes to life insurance coverage, a term life policy is a great option for most individuals. Here's what you need to know about term life insurance and what it can do for you. What is term life insurance? Term life Read More

Determining Your Need for Life Insurance

How much life insurance coverage do I need? While there is no decisive answer regarding how much life insurance you need, there are some general rules you should keep in mind when choosing your death benefit. Here are some things to consider regarding your life insurance coverage. Calculate Your Financial Obligations and Assets Your ideal life insurance coverage amount will be the difference between your long-term financial obligations and your assets. However, it can be difficult to get Read More

Choosing a Life Insurance Beneficiary

Here's what to consider when naming a life insurance beneficiary. When you begin the process of securing life insurance, one of the things you will have to do is decide who you will name as a beneficiary on your policy. While this may seem like an easy decision, it requires a little more thought than you might imagine. Here are some things to consider when deciding who your beneficiaries will be. Who/What Do You Want to Provide For? While you obviously want to provide for your spouse and Read More

At What Age Should I Get Life Insurance?

When should you start thinking about life insurance? When it comes to the best age to secure life insurance, experts are split. Some advise that you get life insurance as soon as possible while others argue that you don't need this type of coverage until you are older and more established. Ultimately, the decision is up to you. Here are some of the things to consider before choosing when to start shopping for a life insurance policy. Your Debts Will Burden Your Loved Ones If you have Read More

What You Didn’t Know About Term Life Insurance Quotes

Here’s what you need to understand about getting quotes for term life insurance. If you are shopping around for the right life insurance, you have likely requested quotes from multiple insurance providers. However, there is still a lot that you might not understand regarding your term life insurance quote. Here are some things that you might not know. Your Quote is Not Your Final Price While you might receive a quote from a life insurance provider, it’s important to remember that this Read More

Is it Time to Re-evaluate Your Life Insurance Policy?

Look out for these signs that it’s time to rethink your life insurance policy. If you already have life insurance, then you’ve taken a positive step towards protecting your loved ones and ensuring their future financial stability. However, it’s not enough to simply get life insurance and let it sit. Life is not static, and therefore your life insurance policy should not be either. But how do you know when you should make changes to your policy? Here are some of the signs that it’s time to Read More