Your goal should be to make sure the policy continues as long as you have people who depend on you financially, and until your last major financial obligation is paid. But how do you determine that? Here is some advice.
With only one in five women feeling financially healthy versus 29% of men, it’s time the wave of change continues to help more women feel economically empowered. Here are several moves you can make to support your financial health and be better prepared for your future.
There are many types of permanent life insurance, each with unique features that can be challenging to understand. In addition, there are several important questions you need to ask your agent to help you choose the best option. We’re sharing our insights about permanent life insurance to help you make the best decision for you and your loved ones.
When you apply for life insurance, your application will go through underwriting before your coverage is approved. During this process, the insurance company evaluates your risk profile and assigns you an insurance classification based on factors like gender, age, lifestyle, and health history.
Life insurance can be a valuable part of a sound financial plan and can help replace a wage earner’s income, cover final expenses, and offer financial support during a very challenging time. If you’ve recently moved to the U.S., whether temporarily or permanently, and are wondering if you’re able to purchase life insurance, there are a few things to keep in mind.
Coping with a loss is often paired with trying to establish a new normal and finding a way to carry on after someone is gone. Along with the emotional stress, a loss can also be very financially overwhelming, especially if there is no plan in place to cover expenses and day-to-day bills.