During the giving season, I love hearing about all the wonderful Spirit of Giving stories. This time of year is so hard on many of us that it takes some extra oomph to get through the season. For me hearing about (more…)
Insurance that guarantees a sum of money to be paid out on the death of the insured or after a set period of time.
Life Insurance is a contract between an insurance policyholder and an insurer (company). The insurer promises to pay a sum of money typically to the beneficiary, upon the insured’s death.
The essential goal of life insurance is to provide (more…)
Who will receive your assets at the time of your death? We’re talking life insurance, annuities, retirement plan accounts and other assets. Did you know that contracts left to deceased individuals or ex-spouses is one of the most common beneficiary mistakes made? Another important note is beneficiary designations trump a will.
Reviewing the beneficiaries on your contracts is your assurance that many of your assets will be (more…)
Single people with no children don’t have anyone who is relying on their income, therefore it seems logical to think you do not need life insurance. Here are a few life examples in which Life Insurance is a benefit for those who are single…
If you financially provide support for parents, siblings, or loved ones, you may want to consider having a policy in place for their care and support when you are no long here to provide for them.