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Types of Life Insurance Coverage

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 →