Life Insurance

3 Tips for a Hassle-Free Annual Insurance Review

Posted by on Apr 26, 2018 in Life Insurance | Comments Off on 3 Tips for a Hassle-Free Annual Insurance Review

Many often file their insurance policies among life’s “set-and-forget” items. We rarely give them much thought after obtaining the policies and coverage we think we need. Over time, however, life and insurance industry changes can affect insurance coverage in ways we might not even realize. That’s why it’s important to do a regular review of all your policies to ensure your records are up-to-date, your coverage is still what you believe it to be, and you aren’t spending more on premiums than you need to. Here are some simple steps for a thorough yet hassle-free annual insurance review....

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Achieving Financial Fitness in 2018 Starts with Knowing Your Numbers

Posted by on Feb 22, 2018 in Business Insurance, Franchise Insurance, Life Insurance, Personal Insurance | Comments Off on Achieving Financial Fitness in 2018 Starts with Knowing Your Numbers

It’s a new year, a clean slate, and a fresh beginning: Although we’re nearly two months into 2018, it’s not too late to define your goals for the year and make a plan to accomplish them. While health-related goals like losing weight and eating better seem to top the list of Americans’ most popular New Year’s resolutions, financial fitness is a top goal for many, too. A YouGov survey of 1.2. million Americans revealed 37% of respondents said they want to “spend less money” in 2018, while making better financial decisions was the third-most popular response in survey data compiled by analysts...

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How Could the New Tax Overhaul Affect Your Insurance?

Posted by on Feb 8, 2018 in Business Insurance, Franchise Insurance, Life Insurance, Personal Insurance | Comments Off on How Could the New Tax Overhaul Affect Your Insurance?

The most sweeping U.S. tax reform in 30 years became official when the federal tax overhaul passed both houses of Congress and was signed into law by President Donald Trump Dec. 22, 2017. The new law includes several major changes to the Internal Revenue Code and also repeals former President Barack Obama’s health care law, which included an individual mandate for health insurance coverage. Under “Obamacare,” nearly all Americans were required by law to have health insurance or pay a penalty. In 2017, the penalty was $695 per adult and $347.50 per child or 2.5% of one’s household...

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Life Insurance: A Selfless Gift to Those Left Behind

Posted by on Dec 28, 2017 in Life Insurance | Comments Off on Life Insurance: A Selfless Gift to Those Left Behind

Life can be complicated. The older we get, the more complex it can become: more assets, more dependents, more decisions to be made in the event our own lives are unexpectedly cut short. If you were suddenly gone tomorrow, would your family be financially secure without your income? The answer may depend on two simple words: life insurance. Though it’s not a fun topic to dwell on, life insurance is important to understand. What is it? Who should have it? Why? What type? Am I set for life if I already have a life insurance policy? These are all critical questions that deserve a clear...

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Don’t Be an Alarming Statistic: Keep Smoke and CO2 Detectors Functioning to Save Lives, Property, and Money

Posted by on Sep 28, 2017 in Life Insurance | Comments Off on Don’t Be an Alarming Statistic: Keep Smoke and CO2 Detectors Functioning to Save Lives, Property, and Money

Smoke alarms and carbon monoxide detectors are rarely top of mind in our daily routines. But not having these devices — or having ones that don’t work or are out of batteries — can have life-altering consequences. Consider the following: There was an average of 358,300 U.S. residential fires each year between 2010 and 2014. Three out of every five residential fire casualties from 2009 to 2013 were caused by “fires in homes with no smoke alarms (38%) or no working smoke alarms (21%).” When smoke alarms were installed but failed to go off in the event of these fires, 46% of smoke alarms had...

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Weeding Through the Facts: Life Insurance Options Vary for Marijuana Users

Posted by on Sep 6, 2017 in Life Insurance | Comments Off on Weeding Through the Facts: Life Insurance Options Vary for Marijuana Users

Those in America’s cannabis community may face some tricky terrain when seeking life insurance policies that acknowledge their habit without gouging their wallets. There are no black-and-white answers when it comes to this issue, and different companies have varying viewpoints relating to cannabis-consuming applicants. Frequency of use, type of use — medicinal or recreational — and even honesty regarding marijuana use can affect coverage approval and pricing. Is a drug test mandatory for applicants? Marijuana users hoping to skip the pre-approval exam and related drug screening may find...

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