Archive for January 2017

5 Post-Retirement Financial Planning and Strategies

Just because you have reached retirement age does not mean that your financial planning has come to an end. In fact, you still have a long life in front of you and a family that needs your support. Here are five types of planning and strategies that […]

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Benefits of Buying Life Insurance with an Independent Agent

You can purchase your life insurance from an agent who only represents a single company, or you can choose an independent agent who offers policies from many different insurers. It’s not surprising that millions of people want independent agents to get the best type of policy for […]

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3 Simple Steps to Choosing Life Insurance at 70

Obtaining life insurance for elderly parents over seventy years of age is an important consideration, especially if they do not have the financial support to help them with burial expenses, outstanding debts, and loss of income that comes with an unexpected passing. Understand the Importance of Life […]

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Term Life Insurance for Over 90 Years

No matter what your age there are benefits to being covered by life insurance. A term life insurance policy is one in which you are covered for a set period. These time frames are usually for 10, 15 or 20 years. The length of the plan that […]

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Get Life Insurance on Parents without Permission

For those who have parents over the age of 80-years-old, it is tempting to purchase life insurance in their name to cover the cost of potential funeral expenses, outstanding debt, and provide a financial cushion for the surviving spouse. While the concern is real, is it legal […]

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Cash Surrender Value FAQs

This is essential to have a decent understanding of cash surrender value of life insurance when you purchase a whole life policy. In this article, we will cover few important things and make this clear to you. Why Would Cash Surrender Value of Life Insurance Decrease? There […]

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How Much Life Insurance is Required for Seniors Over 70?

The average amount of recommended life insurance for young people, especially those that have just purchased a home and are raising a young family, ranges in the $250,000. There are several reasons why the benefit level is so high, but they mostly deal with paying off the […]

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Reasons for Denial of Life Insurance Coverage

Reasons for Denial of Life Insurance Coverage

Although life insurance is easier to get today than ever, there are still people who are denied coverage. Here are ten common reasons why most people, particularly the elderly, are denied life insurance. Lack of Income: If you cannot afford the insurance, then you will not be […]

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Is Return of Premium Life Insurance a Gimmick?

Chances are, you have probably never heard of the return of premium life insurance and for a good reason. Only a small fraction, around 2% to 3% of life insurance policies are return of premium that are sold annually. However, for some people they can provide a […]

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