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 ...
Blog Author: Tom Peterson
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 ...
How to Increase Life Insurance Coverage
Blog Author: Tom PetersonHas your life changed since you took out your life insurance policy? It’s very common. Perhaps you were newly married when you first signed up for insurance. Now you’re in a new home with a baby on the way. Or maybe you’ve divorced and taken on some additional debt. Whatever your circumstances, ...
How Much Life Insurance Do I Need?
Blog Author: Tom PetersonWhen signing up for a life insurance plan, balance is important. You want to get the right amount of coverage for your needs and goals, without overpaying for coverage you don’t need. Unfortunately, there’s no way of knowing with complete certainty how much life insurance you should take out. But ...
4 Things to Know About Permanent Life Insurance
Blog Author: Kari MellonePermanent life insurance refers to life insurance policies that do not expire. Two common insurance types that fall under this umbrella are whole and universal life insurance. If you want life insurance that offers you coverage for the rest of your life, permanent life insurance may be the right ...
5 Reasons to Buy Life Insurance
Blog Author: Kari MelloneWhen you’re healthy, life insurance can seem like an unnecessary expense. However, as we’ve all learned through recent pandemic experiences, major accidents, and other things that hit the news stories or are our personal experiences, health, safety and stability are incredibly tenuous. It only ...
Understanding the Different Types of Life Insurance
Blog Author: John DemkoIt is difficult to understand the different options of life insurance policies – and determine which plan is right for you. Here, we’ll review the various types of life insurance and how to navigate selecting a suitable option for your individual needs.