How to Plan for the Future You Want
Posted: October 7, 2023
How to Plan for the Future You WantOctober is Financial Planning Month. This is a time when we are reminded to prepare budgets and keep spending in check during the holiday season. Our approach to financial planning can depend on our phase of life. Still, the earlier we begin planning and saving for the future, the easier it will be to make our targets. Steps to Improve Your Financial Situation Take the...
Pros & Cons of Convertible Life Insurance
Posted: September 22, 2023
Pros & Cons of Convertible Life InsuranceWhen you are shopping for life insurance, a convertible term policy may be a good option. Convertible term life insurance is a type of term life policy with a rider giving the policyholder the option to convert to permanent life insurance later. Although it offers several benefits, convertible life insurance may have certain disadvantages. Why Convert From Term to Permanent Life Insurance? Term life insurance...
Life Insurance: A Family Conversation on Financial Security
Posted: September 13, 2023
Life Insurance: A Family Conversation on Financial SecurityYou care enough about your family to protect their financial security with life insurance. But, as crucial as that coverage is, it’s equally important to make sure your loved ones know what your insurance does for your family and how it works — well in advance of the day it matters most. Everyone should grasp the purpose, function and (most importantly) benefits of their protection.So,...
Do Graduate Students Need Life Insurance?
Posted: September 7, 2023
Do Graduate Students Need Life Insurance?Obtaining a graduate degree may be the right choice to increase your earning potential and advance your career. If you have decided to go to graduate school, life insurance may be the last thing on your mind. Nevertheless, it may be a smart move for a full-time or part-time graduate student. Students in grad school tend to be older with more responsibilities than undergraduates. They...
Is Universal Life Insurance Right for Me?
Posted: August 22, 2023
Is Universal Life Insurance Right for Me?Universal life insurance is a type of permanent life insurance that provides lifetime coverage as long as you pay your premiums. Like other permanent life insurance, it has a cash value element that can be used for different purposes. Universal life differs from whole life in that it allows you to lower or raise your premiums within certain limits and offers more flexibility. How Does...