Tag: Life Insurance

Insuring Your Future: 5 Best Life Insurance Companies

Insuring Your Future: 5 Best Life Insurance Companies

We have a series of articles about life insurance to guide you through the basics, but the question remains: Which life insurance company is the best? The answer depends on what you’re looking for—the type of life insurance, the amount you need, your family situation. No need to stress, though; we’ve got our top recommendations to get you started…

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Guaranteed Issue vs Simplified Issue Life Insurance

Guaranteed Issue vs Simplified Issue Life Insurance

There are two types of life insurance policies that do not require a medical exam. They are Simplified Issue Life Insurance and Guaranteed Issue Life Insurance. In this article we will explore the differences as well as pros and cons of each…

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How Does Life Insurance Work?

How Does Life Insurance Work?

Part One in our Life Insurance 101 Series: We all know life insurance is out there; we hear about it all the time. Most of us know that you can buy it, and when you die, someone; usually a spouse or children; get money from the insurance company. But why do we need it? Do we need it at all? And if we do decide we need it how do we know what to buy?…

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What is Equity Indexed Universal Life Insurance?

What is Equity Indexed Universal Life Insurance?

Deciding whether to buy life insurance is one of the biggest — and most confusing — financial choices a person will make. There are so many options: term life, whole life and universal life, to name a few. Every type offers positives and negatives and my goal is to unveil one of the newest options, “Equity Indexed Universal Life” insurance or “EIUL”…

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Why Should I Buy Life Insurance?

Why Should I Buy Life Insurance?

Part Two in our Life Insurance 101 Series: One of the most important reasons to buy insurance is to protect your loved ones in the event that you die before your time. How will your spouse survive with only one income or even no income? How will your children get everything they need? Who will pay for college? Who will pay the mortgage? Insurance can provide the protection and security your family needs to survive if you do not…

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Types of Life Insurance

Types of Life Insurance

Part Three in our Life Insurance 101 Series: It is important to note that life insurance falls into two basic categories: temporary and permanent. One is better from a safety net perspective and one is treated more like an investment. But which is best for you?

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How Much Life Insurance Do I Need?

How Much Life Insurance Do I Need?

If anyone depends on you for financial support, then getting a life insurance policy is not a question of whether you should, but how much you should get. While there are several factors to consider, including your age and health, income, family and dependents, and business circumstances, determining how much life insurance to get doesn’t have to be overwhelming or complicated, especially with the…

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