Should I Invest In A Fixed Annuity?
Posted: March 22, 2020
Should I Invest In A Fixed Annuity?Individuals who are semi-retired, about to retire, or already retired may choose fixed annuities to help stabilize their income from investments. Fixed annuities are insurance contacts. They offer the person who owns the annuity a set amount of income at regular intervals up to a specified point in time or a specified event, such as the annuity owner’s death. Investing in fixed annuities has both... Read Article
How Long Will My Life Insurance Application Take?
Posted: March 7, 2020
How Long Will My Life Insurance Application Take?Applying for life insurance may seem like a daunting process, but knowing what to expect can make it simpler and easier for you. Depending on a variety of factors, the underwriting approval process can take anywhere from a few days to a few months or longer. The following are the basic steps you can expect with a life insurance application process. Gather Up The Necessary... Read Article
The Coronavirus Will Have An Impact The United States
Posted: March 5, 2020
The Coronavirus Will Have An Impact The United StatesThe Centers for Disease Control recently stated that the Coronavirus will have an impact in the United States. People who contracted the Wuhan virus have reported symptoms that include fever, chills, headaches, difficulty breathing, and a sore throat. Now is a good time to start thinking about how you might protect yourself and your family from contracting this virus. The World Health Organization and the CDC recommend... Read Article
Can I Designate Someone Other Than A Family Member As My Beneficiary?
Posted: February 22, 2020
Can I Designate Someone Other Than A Family Member As My Beneficiary?Although many people name family members as beneficiaries on their life insurance policies, it is certainly not a requirement. There are almost no rules restricting who you can choose, and you can change your beneficiary at any time (for example, after a divorce). The only universal restriction for life insurance beneficiaries is age. You cannot name a minor as your beneficiary. To provide a person... Read Article
Understanding The Main Life Insurance Classifications
Posted: February 7, 2020
Understanding The Main Life Insurance ClassificationsLife insurance companies use a system of classification to determine an individual’s state of health, based on a series of factors pertaining to that person. Your classification can affect how much life insurance coverage you can get at each price point. Healthy people get more favorable classifications and lower rates. If you have health issues, that will be reflected in your life insurance premiums. The... Read Article