Adjustable Life Insurance: The Real Cost of Flexibility
Adjustable life insurance is often referred to as a hybrid of term and whole life insurance. It’s permanent, provided premiums are paid, so you don’t have to worry about losing coverage as you get older. And it features a cash value component that can be used in the form ofContinue Reading
Burial Insurance: Best Policies for Final Expenses
Burial insurance, also called funeral insurance or final-expense insurance, is a type of permanent life insurance designed to cover funeral costs and other end-of-life expenses. But are the benefits worth the cost, and is it the best choice for you and your family? In this article, we’ll explain the benefitsContinue Reading
Joint Life Insurance Guide & Checklist
Joint life insurance insures two people on the same policy and is most commonly purchased by couples or business partners, but how does joint life insurance compare to individual policies, and which is right for your situation? In this article, we’ll explain how joint life insurance coverage works, how muchContinue Reading
Whole Life Insurance for Children
There are a million things to think about when welcoming a new baby into the family, but there’s one item parents and grandparents almost always overlook: whole life insurance for children. Whole life insurance for children is one of the most secure, guaranteed ways to help your child build wealthContinue Reading
Life Insurance Liquidity & Cash Value
There are several key benefits to owning a permanent life insurance policy, not just for your beneficiaries, but also during your own lifetime. One of these benefits is life insurance liquidity. Life insurance liquidity is the ability to access cash value in your policy whenever you need it. Permanent lifeContinue Reading
What Is Cash Life Insurance?
Cash life insurance, commonly referred to as cash value life insurance, combines the security of a life insurance policy with an investment feature that can offer an appealing rate of return, depending on your financial goals. What’s more, it also comes with intriguing tax benefits for those looking to keepContinue Reading
Life Insurance for Veterans
Life insurance for veterans is one of many benefits offered to those who have served our country, but 120 days after leaving military service, you’ll have to convert your veteran life insurance policy into a civilian one or lose coverage. Too often, veterans let coverage lapse, leaving their families unprotectedContinue Reading
Is a Child Term Life Insurance Rider a Good Investment?
Child term life insurance riders may rank low on your list of financial priorities (maybe you’ve never even heard of them), but there are several reasons why insuring your children makes sense. In fact, children’s life insurance can be an affordable way to give your kids a head start atContinue Reading
Is a Straight Life Annuity Right for Your Retirement?
A straight life annuity might not be the first financial product that comes to mind when planning for retirement. A 401(k) or IRA and Social Security benefits are the most common types of retirement income we think of when budgeting for the future. However, there are several reasons why aContinue Reading
Bank Owned Life Insurance (BOLI) Explained
Have you ever wondered how banks stay profitable? Would it surprise you to learn that life insurance plays a key role in increasing a bank’s assets and reducing costs? Or that you could adopt a similar strategy for your own business or personal financial gain? In this article, we’ll explainContinue Reading
