5 Questions to Ask Before Purchasing Term Life Insurance

Female insurance agent is talking with a young couple

There are two main advantages of buying term life insurance as opposed to permanent life insurance: Term life insurance is cheaper, and simpler. However, just because term policies themselves are more straightforward doesn’t mean that you should sign on the first one you are offered. As with any important decision, you should be an informed consumer! Here are five questions that you should ask before purchasing term life insurance: 1. … Read More

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Health Conditions that Will Impact Your Life Insurance Premiums

Doctor's Hand Checking Blood Pressure

There is good news and bad news when it comes to the monthly premiums of your term life insurance. The good news is, your monthly premiums will be determined by your current state of health; the bad news is, your monthly premiums will be determined by your current state of health. Why is that both good news and bad news? Well, it’s good news because there are many aspects of … Read More

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The 3 Questions to Ask That Will Save You Money on Term Life Insurance

Savings Money Clip 3d

Buying term life insurance is less expensive (and less complicated!) than buying permanent life insurance, but even with the lower costs, this is still room to save. By asking your insurance agent a few simple questions before you buy, you can end up with a nice amount of savings. (Remember, even if you save $10 a month, that can really add up over the years!) Here are the 3 questions … Read More

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Why You Need to Make Sure Your Last Will and Testament is Up-to-Date

Will

The importance of having a Last Will and Testament is not lost on the majority of Americans, no matter what their financial situations are. However, the importance of having an updated will that outlines your wishes upon your death is something that many people often forget. They think that once they create this document, they are in the clear, even if it was written twenty years ago. However, the laws … Read More

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Avoiding Estate Taxes on Life Insurance

Senior Happy Couple Shaking Hand With Financial Advisor

Last week we wrote about the importance of estate planning no matter what financial bracket you fall under. And we mentioned that having an estate plan is especially important if you want to make sure your loved ones get the full benefit of your life insurance. Because even though life insurance is not subject to state and federal taxes, it CAN be included in your estate taxes, which means that … Read More

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