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Life Insurance Topics

The Importance of Life Insurance

Posted October 11, 2013 | Filed under topic Life Insurance Buying Tips

Life insurance is important and beneficial for you in several ways. Although it is not mandatory (unless you have been instructed to have life insurance by a judge, which is mainly for those that have dependents), life insurance is always a good investment. Many people overlook the importance of life... Continue Reading →

How Much Life Insurance is Needed?

Posted July 16, 2013 | Filed under topic Life Insurance Buying Tips

How much life insurance is needed is always a difficult question to answer because of the many variables that impact the final figure. People generally first purchase life insurance when they get married or live together. They also need it when they get a mortgage, have a child, or start... Continue Reading →

Life Annuities a Good Idea?

Posted June 29, 2013 | Filed under topic Types of Life Insurance Coverage

Many people purchase life annuities because they promise an income stream as the person gets older, but there are many things to consider when choosing an annuity. Annuities are made of two parts – the accumulation and the distribution. There are also two types of annuities – immediate and deferred.... Continue Reading →

Life Insurance: Term vs Permanent

Posted June 24, 2013 | Filed under topic Types of Life Insurance Coverage

There are two common types of life insurance that most people purchase: Term and Permanent. Each is designed for a specific purpose, and each offers features that may be more in line with a person’s needs and ability to afford. Term insurance Term is the most affordable of the life insurances, and... Continue Reading →