Term Life Insurance

Understanding Term Life Insurance In days gone by, life insurance used to be simple. You figured out how much death benefit you needed, and then you chose between term and whole life. The life insurance industry has gotten a whole lot more complicated in recent years. Besides term and whole life (now often called “permanent […]

Mortgage Insurance

The Role of Private Mortgage Insurance If you put a downpayment of less than 20% when you bought your home, chances are good that you had to purchase private mortgage insurance, or PMI, in order to qualify for your loan. A mortgage insurance policy protects the bank in the event they are forced to repossess[…..]

Homeowners Insurance

Homeowners Insurance: Protecting Hearth and Home Your home is likely the largest investment you will ever make, and the things you keep inside it – wedding photos, collectibles, silver and china, jewelry, antique furniture – are probably your most prized possessions. That’s why it’s crucial to carry enough insurance to safeguard your home and everything[…..]

Health Insurance

Health Insurance – Don’t Bet Your Life On It Unless you live in a cave, you know that healthcare costs have accelerated in recent years. According to a recent study, more than 15% of the United States’ total gross domestic product (GDP) was spent on health care, and by 2014, this figure is expected to[…..]

Auto Insurance

Automobile Insurance: For Those on the Go If you own a house, you need homeowners insurance. If you have dependents, you need life insurance. And if you own a car, you need … you guessed it, automobile insurance. Understanding auto insurance is the first step towards ensuring that you have the right coverage at the[…..]

Permanent Insurance

Permanent Insurance: An Overview As the name implies, permanent (cash value) insurance is best suited for the individual with a long-term (often indefinite) need. A permanent policy is really a combination of “pure insurance” and an asset accumulation element. Premiums are considerably higher than term rates in the beginning years, but may drop significantly, or[…..]

Life Coverage Need

How Much Life Insurance Do You Really Need? Some people equate life insurance with tragedy and death. In truth, life insurance is for the living. Without it, the sudden demise of a key breadwinner could leave a family stranded without the resources to maintain their lifestyle – or even retain their home. Not so long[…..]