Life insurance and disability insurance are both important types of insurance to consider, especially if you have family members who depend on your earnings. Consumers might want to consider weighing these two different forms of insurance to determine if they want to purchase just one or if the benefits to getting both outweigh the costs. [...]
A few weeks after Hurricane Katrina struck Louisiana in 2005, I received a call from an elderly woman who was confused about her insurance policy. She said that she had paid a significant sum of money for homeowner’s insurance coverage to a person who claimed to be an insurance agent. This supposed agent insisted the [...]
Let’s face it: few people like to talk about life insurance, let alone buy it. Benjamin Franklin, who was instrumental in creating the first life insurance company, the Presbyterian Ministers’ Fund, subsequently found that various religious authorities were outraged at the practice of putting a value on human life. Criticism cooled, however, when it was [...]
If you want to throw your hard-earned money into a hole, then buy permanent life insurance. While life insurance is a key component of your financial planning, it shouldn't be an expensive investment vehicle. Your policy should cover enough to replace the lost income if you die, or your spouse dies, so that the remaining [...]
Insurance ads are everywhere you look. They promise low rates, helpful service, and quality coverage. With so many options available, it can be difficult choose the right policy or even to know where to start looking. If you’re feeling overwhelmed, you’re not alone. Many Americans don’t understand the basics of auto insurance, which makes it difficult to [...]
Life insurance can give you the peace of mind that your spouse or children will be taken care of in the event of your death. Unfortunately, there are fraudsters out there who know how to prey on your fear for your dependents and scam you out of thousands of dollars. When you’re shopping for a [...]
This article was written by guest blogger Loretta Worters. There are a lot of homeowner’s insurance myths floating around, and it can be hard to separate fact from fiction. Whether you’re shopping for homeowner’s insurance for the first time or updating your existing policy, here are a few misconceptions to keep in mind about what [...]
How much do you really know about life insurance? There are many myths surrounding it, and some of these myths may prevent people from buying a policy. As you shop for life insurance this year or consider whether you really need it, keep in mind the following six myths that many consumers believe: 1. Single [...]
Fall is just around the corner, and many parents are preparing to send their college students back to campus for another semester. Before you say goodbye to your son or daughter, consider that now may be the perfect time to do an insurance policy review. Here are six questions to ask yourself that can help [...]
You may have heard a lot about the importance of buying life insurance, but you may not be sure if it applies to you. Well I have a newsflash for you: It does. Before buying life insurance, it’s important to consider how much coverage you and your family will need. One of the biggest excuses [...]
