Understanding Medicare and Diabetes Coverage
Blog Author: John DemkoNovember is National Diabetes Month, making this is an ideal time to revisit the disease’s significance and its impact on many lives. An estimated 33% of people 65 and older have diabetes (2022). Being a senior and diabetic can be tough on your body and harsh on your wallet. It’s important to ...
An Introduction to Life Insurance Underwriting
Blog Author: Jessica RichterWhen applying for a life insurance policy, it is helpful to know the different types of life insurance underwriting you may experience as you go through the approval process. Let’s look at what it means to assess your risk as an applicant, and how the insurance company will determine your level of ...
Understanding Multi-Year Guaranteed Annuities
Blog Author: Tom PetersonWhat is a MYGA? MYGA stands for Multi-Year Guaranteed Annuity. This specific type of annuity offers a guaranteed fixed interest rate for an established period of time selected by the owner (e.g. 4% for five years). The interest compounds daily, which allows for quicker growth opportunities.
Buying Life Insurance for the Grandkids
Blog Author: Tom PetersonAs you age, it may be important to leave a piece of life’s greatness to your future generations. That can mean sharing an heirloom that has been passed down from prior generations, contributing financially towards an education, or leaving a life insurance policy with an inheritance to be used at ...
Medicare Commercials: Deciphering Fact from Fiction
Blog Author: John DemkoPrepare yourself: we are about to enter the season of Medicare advertising. Soon you won’t be able to escape the barrage of mail, television, and online commercials about Medicare.
With multiple kinds of annuities available, it is important to know how each of them works. Looking at an annuity in its entirety, the common goal is to increase the value of the amount vested and ultimately leave you with even more money. Let us start with the most predictable of the options, a ...
How Can Preexisting Conditions Affect Life Insurance Approval?
Blog Author: John DemkoIn What Ways Can Preexisting Conditions Affect my Approval for a Life Insurance Policy?
What You Can Expect in a Life Insurance Health Exam
Blog Author: Tom PetersonIf you need to increase your life insurance coverage outside of an enrollment period or above set coverage limits, you may have to undergo a life insurance health exam. That may sound intimidating, but it probably won’t be as bad as you think – especially if you know what to expect. To make it ...
The Life Insurance Ladder Strategy
Blog Author: Tom PetersonAs you age and reach new life milestones – marriage, homeownership, the birth of a child, retirement – your life insurance needs will change too. This can create a challenge. You don’t want to pay for more coverage than you need. But because the cost of life insurance increases with age, you’ll end ...
