You may know that life insurance can help fill the income gap for your family and/or beneficiaries if you were to die unexpectedly. But did you know that life insurance can also be used while you’re living?
A good financial plan assesses your finances, breaks down what you’ll need to do to meet your goals, and helps you determine how long it will take to meet those goals comfortably.
Your life insurance policy offers peace of mind for your family should you pass away. But that policy needs to be revised and updated from time to time, especially when a life-changing experience occurs. Review your policy if one of the following events occurs.
Caring for a relative, like an aging parent, is a big job. An estimated 43.5 million adults in the U.S. (about 60% of them women) act as caregivers to a loved one every year, according to a 2015 study from the National Alliance for Caregiving and AARP. Here are some tips to best support your loved one:
Life insurance is a long-term benefit that everyone should consider. Even if you aren’t married or don’t have kids, it doesn’t mean your death won’t have a financial impact on others in the present and in the future. Consider purchasing life insurance when you are young and single for these reasons:
Dealing with a loss of a loved one is hard, especially when you have the responsibility of planning a funeral. Funerals can be a lot of work to plan and can be stressful for you and your family, emotionally, financially and logistically. Here are some suggestions for making the planning a little easier during a difficult time.
Today is National Insurance Awareness Day! It’s the perfect time to assess your life insurance coverage and double check that you have a Plan B and that is a good fit for you and your family.
By Jeff Ditsworth, CLU, ChFC, Sales Vice President, North American Company for Life and Health Insurance Did…