With the arrival of spring comes the urge to clear out clutter, clean the windows and dust off the cobwebs of every corner of your home. This would also be a great opportunity to dust off your life insurance policies to make sure you have adequate coverage at the most competitive rates. Read More
You’ve completed and signed an application for life insurance; what happens next? Depending on the amount of life insurance you apply for, you may be asked to provide medical information as part of the underwriting process or to submit to a medical exam. Underwriting for life insurance is often perceived as a daunting experience, but it doesn’t have to be.
Once you have decided to purchase life insurance, the next question to answer is how much to purchase.
Some people select coverage based on an arbitrary amount: $100,000 or $200,000. Others purchase enough to pay off a home mortgage or other major bill. And some stick to the tried-and-true measure of 10 times salary.
But there are other methods to consider. You can complete a fact finder/needs list or use a life insurance calculator. Read More
When you think about all the things you want to purchase for your grandchild, life insurance would likely be near the bottom of the list. While it may not be the most exotic purchase, by the end of this blog I hope life insurance would be up for consideration. Life Insurance for a child or grandchild offers three important advantages: it’s inexpensive; it provides protection for the unexpected; and certain types of life insurance could help protect your child’s or grandchild’s insurability.