Protecting your family with life insurance can come in a variety of ways. However, it can be difficult and confusing to determine what protection your family needs without direction. Above all, we recommend talking to a qualified agent when considering any purchase of life insurance, but to simplify your search,Continue Reading
The term “double indemnity” was made immortal from Edward G. Robinson’s 1944 film titled, Double Indemnity. Nominated for 7 Academy Awards (though winning none) the film became a classic and was often heralded as the first “film noir” that set the standard for the genre. Little did the movie makersContinue Reading
MEC stands for Modified Endowment Contract. By law, the Internal Revenue Service limits the amount of cash value that can be accumulated in a life insurance policy. The amount of cash value must be relative to the amount of death benefit that the policy purchased. If the cash value andContinue Reading
Protecting your family with life insurance is more than providing financial support for your loved ones when you pass away. Providing for your family with life insurance actually offers financial support while you’re still alive, as well as when you pass. When an individual determines that they would like toContinue Reading
Banking with Whole Life Insurance gives the average American the opportunity to be in control of their personal economy. The Quandary: Our current free market economy has been seen as “under attack” from many individuals in the U.S. – news reporters, politicians, lobbyists and business owners. Regardless of how theContinue Reading
Can you imagine living in a world where there wasn’t anything in place to protect you from a possible catastrophe? With such unpredictability in life, it is prudent, even necessary to have insurance along the way. The role of insurance(s) has come a long way. From basic indemnity protection andContinue Reading
Whole Life Insurance and Term Life Insurance are two very different products, but many individuals categorize them as one and the same. When discussing the two products, it’s easy to hear a person say: Term is good, Permanent Life is bad because the premiums are so high. Of course, noContinue Reading
“Any fool can make a fortune; it takes a man of brains to hold onto it,” Commodore Vanderbilt, Fortune’s Children: The Fall of the House of Vanderbilt (Forbes.com). Though Vanderbilt amassed one of the greatest fortunes during The Gilded Age– $300M in today’s standards- by the late 1940s, the family’sContinue Reading
Remember the only two “sure things,” in life? One of them is lurking right around the corner; oh, yes, the tax man cometh, indeed. Before panic sets in, take a deep breath and know that by putting your money into a Whole Life Insurance policy, you can truly find aContinue Reading
Ironically, the one constant you can always count on in life, is change. Some change, like age or illness, you can’t control; other change, like getting married or having children, you can. But either way, as your life circumstances change, so do your responsibilities and financial needs. Life Insurance wasContinue Reading