Category: Life Insurance
Quiz: How Do You Know if a Long-Term Care Policy is Right for You?
Posted: August 21, 2024
Even though it’s not something we like to think about, long-term care may be necessary at some point in your life. Maybe you have a heart attack, stroke, or bad accident and need care suddenly, or maybe you develop a chronic illness as you get older. Private health insurance or Medicare may not pay for the long-term services you or your loved ones require. That’s...
Why Life Insurance? 8 Things Your Policy Covers
Posted: July 24, 2024
Life insurance 1 is something people in many different situations and stages of life should consider. Even knowing this, you may still wonder why life insurance would be a good fit for you. Below, we break down the kinds of expenses life insurance can cover. You and your loved ones will have greater peace of mind knowing exactly how life insurance can play an important role in your future. 8...
What Is Cash Value Life Insurance?
Posted: April 19, 2024
Understanding different types of life insurance policies and their unique benefits will help you choose the right option for you and your family. Term life insurance provides coverage for a limited amount of time and/or amount of benefit. Term insurance has no cash value.In contrast, whole life insurance1 is coverage that is in place your entire life, and it offers unique benefits, including the ability to accumulate...
Can I Buy My Parents Life Insurance?
Posted: April 10, 2024
Picture this: You’re sitting down with your parents reviewing their will and other important documents, and you realize they don’t have life insurance.1 For some, this might not be hard to imagine – you may have experienced it already.Life insurance is important for everyone, not just those with families or businesses. That’s because life insurance is for the living and can help protect and provide for...
Quiz: Life Insurance Myths
Posted: March 29, 2024
There are a lot of myths and misconceptions out there about life insurance, and you’ve probably heard most of them. We’ve put together a quick quiz to test your knowledge and help you better understand this important financial product. Give it a shot, and see if you’ve got the straight scoop on life insurance. Let's get started! How Well Do You Know Life Insurance?Question 1:...