Why single individuals can benefit from having life insurance.
While most people associate life insurance with marriage and kids, this doesn’t mean that single people don’t need this protection as well. In fact, there are many ways that single individuals can benefit from having life insurance. Here are some of the situations in which it pays to have life insurance coverage.
You Have a Mortgage
If you are a single homeowner with a mortgage, then you should consider securing a life insurance policy. There are many reasons for this. First, if you […]
What to think about when increasing your life insurance coverage after a raise.
If you’ve just gotten a raise at work, then congratulations! You now have the ability to offer your family a better quality of life. However, as your standard of living increases, so does your family’s expectations. To ensure that your loved ones are able to maintain their quality of life, even in the event of your unexpected death, you need to increase your life insurance coverage. Here’s what you need to consider when increasing your life insurance coverage after a […]
Don’t believe these popular misconceptions.
When you become a new parent, you are so busy and overwhelmed that securing life insurance doesn’t even cross your mind. To make matters worse, there are many popular misconceptions that make young parents even less likely to get coverage. However, it’s important to understand that putting off life insurance puts your family’s financial future at risk. Believing in these life insurance myths can hurt your family.
Life Insurance is Too Expensive
According to a recent study, most adults believe that […]
Understanding your life insurance.
When it comes to life insurance, many people are left in the dark. However, there’s actually a lot that your life insurance coverage can do for you. Here are some of the surprising things that you should know about your life insurance.
Life Insurance Benefits Are Fast
Many people are surprised to learn that life insurance payouts actually have a very short turn-around time. This is because life insurance benefits do not get tangled up in complicated estate claims. Typically, life insurance payouts will be distributed within a […]