Did You Know This About Life Insurance?

Surprising life insurance facts. For many people, the insurance industry is a bit of a mystery.  One of the least understood types of insurance is life insurance.  Because this form of coverage is so misunderstood, there are many popular misconceptions out there.  To help you understand life insurance, here are some of the surprising things that you may not have known about this coverage. There are Different Types of Life Insurance Many adults are surprised to learn that they actually Read More

When It’s Time to Review Your Life Insurance

Knowing when it's time for a life insurance review. When you secure life insurance, you cannot simply let your policy sit idle.  Instead, you should regularly review and update your policy to ensure that you have the right coverage to meet your changing needs.  But when exactly are you due for an insurance review?  Here's what you need to know. Annual Insurance Reviews Generally, you should review all your insurance policies, including your life insurance, on an annual basis.  If you Read More

New Parents and Life Insurance

What new parents should consider when securing a life insurance policy. Becoming a parent is stressful, overwhelming, and exciting all at the same time.  However, it can also be really scary for new parents who are hit with the realization that their child is completely dependent on them.  While this is a common and natural fear, there are steps that you can take to alleviate it.  Securing life insurance is one way to ensure that your child is taken care of.  Here's what new parents should know Read More

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