When creating your personal retirement plan, there are a variety of tools you can use to fund your long-term savings goals. An employer-sponsored 401(k) is one of them while indexed universal life insurance (IUL) is another. A 401(k) allows you … Continue reading →
The post Indexed Universal Life (IUL) vs. 401(k) appeared first on SmartAsset Blog.
Why Everyone Over 30 Should Start Thinking About Life Insurance is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
I donât like to make generalizations too often, but I do feel that everyone over 30 should start thinking about the importance of life insurance. That is, if youâre 30 and over and donât have any life insurance. No one likes to think about their demise, but life insurance is an extraordinary product that can be used to reduce the financial burden you could leave behind for loved ones. Plus, different types of life insurance can even help you build wealth and diversify your assets. Here are 4 important reasons why everyone over 30 should start thinking about life insurance.
Why Everyone Over 30 Should Start Thinking About Life Insurance is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
If your parents donât have an insurance policy or the funds to pay their own way in their later years, you can buy life insurance for your parents yourself, assumingâ¦
Life insurance offers protection for your familyâs financial security. Many people buy themselves a life insurance policy that will protect their family. Itâs also possible for people to purchase life insurance policies for someone else. For example, children can purchase policies for their parents and vice versa. Life insurance coverage offers valuable financial protection. You… Read More
The post 3 Tips for Finding an Affordable Life Insurance Policy appeared first on Credit.com.
Though itâs increasingly legal, marijuana can still raise red flags for life insurance companies. While some insurers donât mind covering you if you use pot, others will charge you higherâ¦
Taking out a life insurance policy is a great way to protect your family’s financial future. A policy can also be a useful financial planning tool. But life insurance is a notoriously tricky subject to tackle. One of the hardest challenges is deciding whether term life or whole life insurance is a better fit for… Read More
The post Term Life vs. Whole Life Insurance: Which Is Best for You? appeared first on Credit.com.
A little-noticed change at the end of 2020 has suddenly made life insurance more appealing for some.
Accidental death insurance, also known as accidental death and dismemberment insurance, is a type of limited life insurance often acquired for a nominal fee or added to an existing policy. As the name suggests, it releases a benefit if the policyholder dies from an accident or suffers a dismemberment. Accidents kill an estimated 160,000 Americans […]
What is Accidental Death Insurance, and do you Need it? is a post from Pocket Your Dollars.
Life insurance can be expensive and if itâs essential those high costs can leave a nasty taste in your mouth. You may wonder if itâs worth purchasing a policy at all, which could place your family in jeopardy as they wonât have the cover they need when you pass. However, there are a few ways […]
How to Find Affordable Life Insurance is a post from Pocket Your Dollars.
A joint insurance policy is one taken by two people, offering benefits that arenât provided by single policies and allow you to save a few bucks in monthly premiums. If youâre married and want your spouse to receive a benefit if you die and your children to receive one if you both die, it seems […]
Joint and Survivorship Insurance: What You Need to Know is a post from Pocket Your Dollars.