Universal Life Insurance Policy Advantages and Disadvantages
A life insurance policy is meant as a way to ensure that a specific amount of money is paid out to beneficiaries upon the death of the policyholder. This money often comes at a time when families and spouses need it the most and have no capacity to deal with any added stress or additional […]Read more
What Isn’t Covered Under a Renter’s Insurance Policy?
If you rent, you should have renter’s insurance. This insurance policy helps cover your belongings in the event of a loss. Renter’s insurance may also cover you in other instances, such as if someone gets hurt on your property, you damage someone else’s property, or you need to live elsewhere while your primary residence is […]Read more
Choosing the Right Life Insurance Policy
There comes a time in all of our lives when we realize that we’re getting older, we have people who depend on us, and we have assets that need protection from life’s many curve balls. One very important consideration to make is choosing the right life insurance policy for your needs. It can be daunting […]Read more
Tips for Buying Your First Car Insurance Policy
Before you can start driving your new car, you need an insurance policy – it’s the law. If you are a young adult, chances are you are considered a ‘high risk’ driver. This means higher premiums. Before you buy the first policy thrown your way, learn what you should look for in a car insurance […]Read more
What are Some of the Ways Whole Life Insurance Differs from Universal Life Insurance?
In the 1990’s, Universal Life insurance companies expanded a feature known as a secondary guarantee which is now commonly referred to as a no-lapse rider. Until that time, universal life policies could expire (lapse) without value, even if all planned premiums were paid on a timely basis. This was because the universal life was designed […]Read more
How does Accelerated Death Benefit work?
Whole life insurance is designed to provide financial protection in the event of death, whenever it occurs. Additionally, whole life insurance can be a living tool that is most effective in the efficient growth and protection of assets. [sc_content_link label=”Get today’s insurance rates.” cat=”life”] Lifetime benefits of whole life insurance are generally regarded as cash […]Read more
Common Myths Regarding Whole Life Insurance
Even though whole life insurance is truly one of the most conservative and well-established insurance products offered by most insurance companies, there are still quite a few common misunderstandings regarding this type of life insurance. The most common myths prevailing about a whole life insurance policy are: It is too expensive Whole life insurance is […]Read more
Oklahoma Seniors Ask for Bill Allowing Electronic Monitors in Care Homes
Anyone who has ever had a relative move into assisted living or a nursing home knows the fear of having their loved one abused or neglected by the people paid to care for them. In Oklahoma, that may soon change, as a bill requested by the Silver Haired Legislature and supported by AARP Oklahoma, which […]Read more
Arizona Approves Tax Credits for Insurance
In an effort to present itself as more business-friendly, the Arizona House of Representatives recently gave final approval to a bill that would give $50 million in tax breaks over three years to insurance companies that invest in high-tech corporations in that state.Read more