3 Benefits Of Whole Life Insurance Vs. Term Life Insurance

When shopping for life insurance, you have a couple of different options, including whole life insurance and term life insurance. For someone who does not know much about these policies, it can be tough to tell the difference. However, there are actually some pretty big differences between these different types of coverage. Even though term life does have its benefits, such as being more affordable than whole life insurance in many cases, many people find that whole life insurance is the superior choice. Read More 

How To Determine Your Life Insurance Needs

As a parent, you are likely well aware that you should have a life insurance policy to ensure that your children are financially cared for in the event of your death. What you may not know is how to determine the size of policy you should carry. The following guide can help you with this task. Step #1: Determine how many policies you need Your first decision will be how many policies you need to carry, or at least how many beneficiaries should be placed on each policy. Read More 

3 Reasons To Always Carry Life Insurance

Life insurance is incredibly important to carry throughout your adult life. As soon as you get married, accrue debts, own property, and so forth; you should consider getting a life insurance policy. Many people wonder if they should get a life insurance policy even if they have a good savings. In most cases the answer is still yes. Here are some reasons you should get a life insurance policy, whether or not you have substantial savings. Read More 

Tips For First-Time Life Insurance Buyers

If you're buying life insurance for the first time, you might be confused about exactly what type of life insurance you need and how much life insurance you should get. There are several different options available. So, before you start getting quotes, check out these tips for first-time life insurance buyers. Know How Much Insurance You Need A financial planner won't understand your financial situation as well as you do. So, you should avoid letting anyone tell you exactly how much life insurance you need to purchase. Read More 

3 Times A 1035 Exchange Might Help You

If you've heard about how a Section 1035 exchange allows people to transfer money in a life insurance policy to new one without being liable for taxes, you might be wondering whether that provision could help you. Here are four times when you might benefit from a 1035 exchange. Your Health Has Gotten Better Did you buy your current policy when you were ill? Are you now feeling better? If so, your life insurance payment from month to month might be higher than it would be if you applied for a similar policy today. Read More