When it comes to buying life insurance there's a simple rule of thumb to follow... buy it when you don't need it. In fact, there's a famous quote that goes something like this— "history informs us of our past mistakes, so we may learn from them.” Learning from other people's mistakes is easier … Read more about When to Buy Life Insurance
A recent study shows that most Americans do not have enough life insurance coverage. In fact, though 85% of people agree that most people need life insurance, only 62% say they have it. And of those 40% feel that they don't have enough coverage. Why is that? Could it be that the variety of … Read more about What Type of Life Insurance Should I Get?
When our second child was born it was time for my wife and I to revisit our life insurance policies. At the time our son was five years old, and we wanted to make sure we had enough insurance coverage to take care of them should something happen to either one of us. Since I'm self employed and … Read more about How Much Life Insurance Should You Have?
Life insurance is essential for people with dependents, especially small children. When a policy is purchased this way the goal is to preserve your current lifestyle and the lifestyle of your children to make sure they are cared for if the breadwinner dies. The goal would be income … Read more about Life Insurance 101 – Understanding Policy Options
To understand what universal life insurance is, we need to discuss the two basic types of life insurance policies. They are: permanent life insurance, and term life insurance. Term life works by guaranteeing a set premium amount for a set number of years. So the "term" is not how long the … Read more about What is Universal Life Insurance?