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Category: Life Insurance

Life Insurance When You Are Older?

5 Reasons Why Retirees May Need Life Insurance If you're retired, your house is paid off, and your children are self-sufficient, is there any reason to continue carrying life insurance later in life? Perhaps not. Generally speaking, life insurance is intended to replace lost income if you die prematurely; if you're no longer working, there's no income to replace. But before you let your policy...

Smartphone For A Healthy Life?

10 Questions to Ask Yourself About Insurance Life insurance can be an important component of a financial plan, but it's important for you to do your homework to ensure that you get the policy you need. Here are 10 questions to ask yourself: Do you need life insurance? The primary purpose of life insurance is to protect the people you leave behind - your spouse, children,...

Term Life Insurance Is Usually Better...

Term Life Insurance Is Usually Better... Life insurance is often presented to older, successful investors as a means of saving additional money for retirement. But is this a good option for you? First, it's important to understand how life insurance works. Traditionally, you buy a policy for its death benefit. In other words, it is designed simply so that it will pay a sum to...

3 Myths About Life Insurance

3 Myths About Life Insurance It may seem simple on the surface, but there are many misconceptions about life insurance, and some people still believe them. Here are several we can debunk: Myth 1: You're better off investing your money than buying life insurance. This is the "self-insurance" myth. It holds that by investing your money and letting it grow, you'll ultimately accumulate so much...

Open Your Eyes to the Importance of Vision Care

Maximize your Pension with Life Insurance Life insurance in its most basic form covers your loved ones' expenses after your death-but there are a number of other ways to use this financial product, and they aren't only for the very wealthy or the financially sophisticated. Other uses for life insurance For example, a life-insurance policy can help cover a financial shortfall in a couple's retirement...