life insurance

Should Your Life Insurance Beneficiaries Be Revocable?

Posted 12 weeks 5 days ago by Mark P. Cussen

Personal Finance

Acacia Life Insurance Company Building

There are pros and cons to making the beneficiaries on your life insurance policy revocable. This article covers some of the ramifications that you should consider.

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Bonded life settlements give policyholders new options

Posted 12 weeks 5 days ago by Mark P. Cussen

Personal Finance

Grits, Gravy, Accidental Death...

Bonded life settlements can be a win-win scenario for policyholders who wish to surrender their contracts. This article explains the basics of this type of transaction and the parties involved.

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Business Succession Planning Part 2: How Life Insurance will insure the Life of Your Business

Posted 21 weeks 1 day ago by Nora Dunn

Personal Finance, Entrepreneurship

key man

All too often, business owners will insure their property, assets, and loans. But they don't stop to consider what is most valuable in the business: people. Here are a few ways in which business owners can preserve the lives of their companies with Life Insurance.

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Credit Card Insurance? No Thanks.

Posted 36 weeks 5 days ago by Nora Dunn

Credit Cards

credit cards

So your credit card company just called offering you balance protection insurance against job loss, disability, life, or critical illness. The cost will be just pennies, calculated monthly based on your outstanding balance. Do you take it?

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Insured Annuities for Wise Bloggers

Posted 41 weeks 5 days ago by Nora Dunn

Investment

cake

You (or somebody you know) can have your cake and eat it too utilizing the Insured Annuity concept. It's a way to provide a guaranteed tax-preferred lifetime income while guaranteeing all your capital too. Too good to be true? Read on....

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Choosing Life Insurance: Term or Permanent?

Posted 45 weeks 4 days ago by Julie Rains

Personal Finance

couple making choice between two paths

What is better: buying life insurance at a low price that lasts for a certain term (typically, the income-generating part of the insured’s life) or purchasing a whole life policy for a substantially greater amount that lasts forever (from now until the insured dies or cashes in the policy)? I'll give you some ideas on how to sort out what's best, which you may not hear from your insurance agent.

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Do I need life insurance for little ones?

Posted 51 weeks 1 day ago by Julie Rains

Personal Finance

child walking along path
When my second child was born, I was approached by an insurance agent who thought that I should consider purchasing life insurance policies for my children. The case, as I recall from my then-still-foggy-from-baby-tending mind, was to have money available in case of the unthinkable; equally valuable, it was suggested, was a life insurance policy guaranteed for...for...well, life, if my child happened to have a chronic condition that would render him unable to obtain coverage later in life. The idea of obtaining life insurance coverage for my children seemed unnatural and creepy. But, was I being an irresponsible parent if I didn't buy a policy?

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