Category: Life Insurance

  • “Prepare for the Unexpected: Adding a Contingent Beneficiary to Your Life Insurance Policy

    “Prepare for the Unexpected: Adding a Contingent Beneficiary to Your Life Insurance Policy

    Even the best laid plans can be rearranged by life. The plan of life doesn’t always go according to plan. You probably bought insurance policies on both you and your spouse when you got married. Each of you designated the other as beneficiary to ensure that the survivor is taken care of regardless of whether…

  • Simplifying Life: Addressing Common Insurance Questions”

    Simplifying Life: Addressing Common Insurance Questions”

    Life insurance coverage will be as simple as L-I-F-E. Pondering life insurance coverage can swiftly flood your thoughts with questions. How a lot do I want? What does life insurance coverage do? How a lot will it price? The place do I start? Life isn’t all the time simple, however life insurance coverage will be.…

  • “Unlocking Benefits for Your Heirs through Annuity Maximization”

    “Unlocking Benefits for Your Heirs through Annuity Maximization”

    When relocating your belongings following retirement, you may also choose a single-premium fast annuity (SPIA). Many people struggle to understand annuities, and are surprised if they need one. Let’s look at an example to help clarify this situation. Tom, a 60 year-old widower who bought an annuity twenty years ago. Should he exchange or repurpose the annuity…

  • “How Does Group Life Insurance Compare?”

    “How Does Group Life Insurance Compare?”

    A life insurance plan can add a great deal of security to a family. Many Americans rely on team life insurance policies from an organization in the event of a death in their family. In some cases, team life insurance is not enough, and a more specific plan will provide even greater security. A 2017 study…

  • “Is Crowdfunding Reliable for Funeral Expenses?”

    “Is Crowdfunding Reliable for Funeral Expenses?”

    It is more reliable and exclusive to purchase life insurance than to use crowdfunding for last-minute expenses. This is a common occurrence: a family member loses a loved one unexpectedly and has to ask for help to pay the expenses. Many of us have seen memorials in social media sites, crowdfunding websites or donation boxes at…

  • “The Life Insurance Policy that Rescued a Business”

    “The Life Insurance Policy that Rescued a Business”

    LifeHappens tells the story of a local businessman who included life insurance coverage in his long-term planning. This life insurance plan saved the business and all those who depended upon it when there was a sudden decline. Watch the video.

  • “Should You Consider Converting Your Term Life Insurance Policy?”

    “Should You Consider Converting Your Term Life Insurance Policy?”

    You can convert a term life insurance policy to everlasting coverage. It is common to purchase time period insurance because it offers a greater dying benefit at a lower price than permanent life insurance, such as whole life or standard life. As the name implies, term insurance provides protection for a specific and limited period of…

  • “Annual Review of Your Company’s Life Insurance Policy”

    “Annual Review of Your Company’s Life Insurance Policy”

    A life insurance policy is a valuable addition to your business strategies. The unpredictable nature of the economy makes it difficult to predict changes. This is why we need to be careful when implementing strategies for business expansion. To be able to recover quickly after a unforeseen event, you need to create a customized plan.…

  • “Managed Deferred Annuities: Enhancing Your Retirement Portfolio”

    “Managed Deferred Annuities: Enhancing Your Retirement Portfolio”

    Rearranging your financial savings can be a good retirement strategy. How confident are you that the retirement profile you have chosen will provide you with the financial protection you need? Financial obstacles are more difficult to overcome for those preparing for retirement than ever before. The volatility of the market, the rising cost of health care,…

  • “Holiday Checklist: The Gift of Life Insurance!”

    “Holiday Checklist: The Gift of Life Insurance!”

    Early life insurance can provide protection against loss of policy. Every year, the search for the perfect gift for your children or grandchildren begins. It can be frustrating to spend a lot of time and effort on buying gifts. As children grow, so do their interests. The 2015 trending gifts are now this year’s trash.…