Decreasing Term Insurance: Everything You Need to Know It’s not difficult to imagine the financial hardship your family would face if you died suddenly. Besides struggling with the loss of a beloved, the loss of income can also make surviving family members extremely difficult. Life insurance is vital, and can do a lot to minimize … Read more
Modified Whole Life Insurance Basics – What it is and Who Needs it Modified whole life insurance is a special type of permanent life insurance offering a much lesser premium, in return for higher premiums, after an introductory period of the first few years (usually five years). To begin, modified whole life insurance has much … Read more
How do Life Insurance Companies Make Money? If you have life insurance or if you’re thinking of purchasing life insurance, you might interested in learning more about the structure of the business. For example, if everyone dies, how do life insurance companies make money? Life insurance companies make money because insurance is a business model … Read more
Do You Really Need Life Insurance in Retirement? In retirement, you need a plan that will keep you healthy and happy for many years, but what happens when those years run out? Well, you need a plan for that too. Life insurance in retirement is one solution. We all will end up in different financial … Read more
Life Insurance Basics & Where to Go to Dive Deeper Knowing your life insurance basics is an important part of your financial planning. Here is what is most important to know, so you can make the best decisions for your future. What is Life Insurance? Life insurance is a way to protect yourself and your … Read more
Average Funeral Costs For End of Life Planning What are the average funeral costs in the United States? The cost of a funeral depends greatly on the options you or your loved one choose. This article includes a helpful end of life planning list with average funeral costs detailed for your budgeting – including caskets, … Read more
Funeral Insurance – Best Rates, Reviews and Recommendations Which funeral insurance companies and policies are the best? You have a lot of choices when it comes to funeral insurance (also known as burial insurance or final expense insurance.) We are here to help make sense of your options and choose the best funeral insurance policy … Read more
Burial Insurance for Seniors Buying Guide This is your ultimate guide to burial insurance (also called final expense insurance or funeral insurance). Burial insurance plays a unique role in your financial planning. Many people buy these policies to help their loved ones cover end of life expenses for themselves. Two Reasons for Having End of … Read more
‘Mutual Perks’ Announced by Mutual of Omaha What are ‘Mutual Perks'(SM) = Are they Discounts? Yes, and we like discounts. Moreover, anyone in retirement or on a “fixed income” certainly appreciates discounts. So when Mutual of Omaha announced an added discount benefit to their insurance customers, we were very interested. What are Mutual Perks? Mutual … Read more
What is Final Expense Insurance? Final expense insurance (also known as burial insurance or funeral insurance) is an insurance policy that provides cash to cover end of life expenses such as funeral and burial costs. They are typically smaller face values (the amount of payout money). In addition, insurance companies often structure them as whole … Read more