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Category: Life Insurance

Some Universal Life Holders Face a Conundrum

Some Universal Life Holders Face a Conundrum Many holders of universal-life insurance bought their policies years ago, at a time when interest rates were high. Today, many of these policyholders will have to pay more or face cancellation, according to news reports. To understand why, you have to understand that we're talking about permanent life insurance. Unlike term life insurance, this insurance type doesn't limit...

Walkies in Colorado Can be Fun...for Fido and You, and Life Insurance Info

Assure Family Peace Using Life Insurance Traditionally, we think of life insurance as a way to ensure our loved ones are cared for after our death. But life insurance can also be used to solve a host of other financial headaches - and some of the most interesting uses can come when the house is paid off and the children are out on their own....

Life and Health News You Can Use: Take Control and Reduce the Cost of Prescription Drugs

Whole Life May Not be the Answer: Read on If you're in the market for life insurance, you may be attracted to whole life policies. These have a cash value that builds tax-deferred each year. But are they worth it? Here's a refresher course on some things you should know about life insurance. Whole life policies - Pros Essentially, when you purchase whole life insurance,...

March Life and Health Insurance News You Can Use: Are You Lying? The Nose Knows

Here's One Way to Insure Your Retirement An insured retirement is one that guarantees you income and protection during your golden years. But how do you achieve that? The U.S. is facing a potential retirement crisis as 79 million baby boomers enter or near retirement; in the future, this number is likely to increase. Retirement is expensive At the same time, retirement is becoming more...

January News You Can Use: Resolution Woes in Colorado? Get Inspired Here

Change in Procedure Is Good News for Beneficiaries Nationwide Financial Services Inc. and several other major insurance companies, including MetLife, Prudential Financial and Manulife Financial's John Hancock division, committed to changing practices after an investigation established that many insurance policy beneficiaries did not receive the death benefits they were owed. And this will come as welcome news to individuals who have or are considering life...