Monthly Archives: July 2012
As you travel down the financial road of life you will inevitably encounter roadblocks, emergencies, detours, and delays. Some diversions will be small, and you can easily take care of them with available cash flow or an emergency fund. Other roadblocks will be expensive and overwhelming, both emotionally and financially. This is where life insurance comes in handy. The right life insurance can make major diversions look like minor deviations.
During our LifeQuote educational blogging series we covered all the reasons why life insurance is an important part of any parent’s financial plans. When you become a parent, financial obligations take on a new urgency. Life insurance, education funding, estate planning, and retirement planning all become incredibly important to the security and protection of your child. If you don’t already have life insurance, this is the time to think about … Read More
If you were born between 1946 and 1964 you can proudly call yourself a “Baby Boomer.” Baby boomers are the children of the so-called “Greatest Generation,” a term coined by journalist Tom Brokaw. Baby boomers are 75 million strong in this country and currently represent a whopping 29 percent of the U.S. population. Baby boomers came of age during a time when the job market was at its peak and … Read More
Sitting your parents down to discuss their life insurance needs can be uncomfortable. It seems as if only yesterday they were sitting you down to discuss your future. For most adult children, it’s very hard to face the fact that their ultimate caregivers are getting older and now need help themselves with decision making for financial, health and insurance matters. However, with the right approach, tone and relevant facts, you … Read More
Many Americans believe that if they become ill, Medicare or health insurance will help them pay for expensive long-term medical assistance. Unfortunately, this assumption is incorrect. Medicare and health insurance will only take care of doctor or hospital bills. If you were to develop a chronic illness, become disabled, or suffer a debilitating accident and need long-term care, you will be responsible for footing the bill. These services are not … Read More