I am a huge fan of term life insurance, and I do not favor whole life insurance or cash value life insurance. For most people, term life insurance is the best option. Very few consumers need permanent life insurance. There are many benefits to term life insurance that make it a great insurance product for people who are looking to protect their income and continue to provide for their families and loved ones in the event of their untimely death. Why You Should Love Term Life Insurance Term Life Insurance Is Cheap The best benefit of … [Read more...] about Top 3 Reasons That I Love Term Life Insurance and You Should Too
Have you considered life insurance prequalification? The following is a guest post by KJ Price. KJ Prince is an insurance agent and the founder of Insurance Engine. When he's not writing about insurance he enjoys technology, design, CrossFit, and fly fishing. If you’d like to submit a guest post on Money Q&A, please check out the site’s guest posting guidelines. Life insurance prequalification is a process top-notch life insurance brokers utilize for uncovering important information about life insurance applicants. … [Read more...] about 7 Reasons You Should Consider Life Insurance Prequalification
What would an extra $1,000 do for you? Whether you need to pay off a handful of bills, reduce debt payments or pay for a vacation, most people would agree that extra cash is helpful. Here are some great ideas to save money.
Not all of these suggestions will work for you. Read through and check out the items that will help you the most.
If you need a little extra cash this year, here are a few ideas to save money that can save at least $1,000 this year.
Top 9 Easy Ideas to Save Money
Low Income Benefits
If you are a low … [Read more...] about
If you have been holding off on getting life insurance because you were worried about the exam that precedes a policy approval, there is good news for you. Not every kind of life insurance requires that you go through the exam procedure. Before you commit to no exam life insurance, you should be aware of all the pros and cons of doing this. Read on to learn more about these policies and whether it might be the right fit for you. Pros of a No Exam Life Insurance Of course, the process of applying for this life insurance is easier … [Read more...] about Pros and Cons of No Exam Life Insurance
Insurance is a financial product in which companies that offer it will take on some form of monetary risk in return for the payment of premiums. There are many types of insurance that you may want to consider purchasing to protect yourself and your family. An individual will typically invest in it to guard against having to pay out a large sum of money for common problems that may occur. Being insured gives peace of mind that should disaster strike, the financial implications of this can be dealt with and some of the common insurance … [Read more...] about Different Types of Insurance Available
A friend of mine recently complained about an old college roommate who was trying to pressure him to buy whole life insurance. He was having trouble figuring out how to tell him no, because they'd been so close back then. This is an all-too-common occurrence for young professionals in their late 20s and 30s. This is the time when friends and family are test-driving new professions -- like sales gigs, for example. Many insurance brokers push whole-life policies because they provide them with the juiciest of commissions. Several … [Read more...] about Are You Feeling Peer Pressure To Buy Whole Life Insurance?
Join me this week on the Money Q&A podcast where I talk about the different life insurance policies you do not need. Very few people understand the true reason for buying life insurance policies. Many people have life insurance questions about their policies and do not know where to turn for the answers. There are so many planners and agents selling life insurance products that most people simply do not need. They often mistakenly buy life insurance as an investment, to pay taxes, build a nest egg, or even to leave a legacy. Most people … [Read more...] about Latest Podcast: Life Insurance Policies You Do Not Need
This is a guest post by Jeff Rose who is a certified financial planner and blogs at GoodFinancialCents. If you would like to write an article for Money Q&A, please visit our Guest Posting Guidelines page. If you have ever considered buying life insurance online, you may have come across advertisements that claim, "Life insurance with no exam", or "How to get your life insurance fast by avoiding a medical exam". We get quite a few people that contact our office inquiring about these life insurance products. If you've … [Read more...] about Should You Buy No Exam Life Insurance
Whether you heard it from your insurance agent, an investment specialist or your own mother, you probably know that life insurance is a good thing to have. Despite that being the case, many people still have the question, how does life insurance work? Individuals have a vague understanding that money will be paid if someone dies, but things like whole life insurance policies complicate the matter. Understanding Term Life Insurance Probably the most common type of policy, term life insurance covers a predefined period of time. The policy owner … [Read more...] about Understanding The Basics Of Life Insurance
Our lives are constantly changing, but far too often our life insurance policies do not keep up with our changing lives. Have you hit a different phase of your life? Have you reached a new milestone? With each new milestone in your life, your life insurance coverage may need to change. So, you must decide when to buy With each new milestone in your life, your life insurance coverage may need to change. So, you must decide when to buy life insurance, when you have enough, and when you need to add more life insurance coverage to protect your … [Read more...] about Top 6 Critical Lifetime Milestones When To Buy Insurance