When it comes to car insurance, many consumers have no idea what insurers look at to come up with the almighty premium amount. But believe it or not, insurers don’t pull your auto insurance rates out of thin air. To help you secure the lowest possible insurance rate, it’s important to learn about the factors [...]

Life insurance is a difficult subject to figure out because it has lots of moving parts. Plus, most people avoid thinking about their own mortality. Someday, of course, all of us will die. But, since we cannot know exactly when this will happen, we tend not to think much about it. Sometimes we wait until [...]

One of my client’s wives paid me a visit to ask about life insurance, a product I was well acquainted with. She told me that she and her husband were visited last night by a life insurance agent. “Jan, what did he try to sell you?” “A $90,000 whole life policy with an annual premium [...]

Recently I had occasion to call upon the friend of one of my life insurance clients. The gentleman and his wife greeted me with a cup of coffee and stack of papers—their life insurance policies from another company. The deck page of each said “Whole Life Insurance.” Recently, however—and for the second time—the couple had [...]

Do you love someone deeply enough to spend your hard earned dollars on a life insurance premium — month after month? After all, the benefit from a life insurance policy isn’t for you. It’s for the ones you love, but after you’ve gone. Life insurance is money paid to those who rely on you today [...]

Life insurance – what is it & how does it work? Life insurance is the simplest, most popular and cost effective way to financially protect any dependants in the event of your death. While it won’t help those left behind to get over their loss, the benefit of a lump sum, in most cases tax-free, [...]

Here are the top four life insurances listed from most expensive to the least expensive. Universal life insurance Whole life insurance Return of Premium life insurance (R.O.P.) and least expensive of all – Standard Term life insurance The least expensive may sound good but it may not necessarily be the best insurance for you and [...]

Insurance What is insurance? How do they insure that whatever you have insured is safe and protected or can be substituted by other means? What are the merits demerits of insurance? What are the types of insurance? These questions must tingle in your mind before going for a insurance, so here are some simplification from [...]

Doesn’t it seem like most life insurance conversations are related to the motivation of the accused killer in a syndicated “Law and Order” episode? Yet life insurance is a critical concern deserving of your limited time. Given an unfortunate circumstance, missing just this one element of an otherwise solid financial plan can add financial ruin [...]

By following the eight rules explained here, you can save money, and just as important, you can save yourself from making serious mistakes when you shop for and acquire insurance policies. Rule 1: Buy Insurance Only for Financial Risks You Can’t Afford to Bear on Your Own The purpose of insurance is to cover catastrophes [...]