You call your credit card issuer, and the customer service representative tells you about a “special offer” for a “payment protection plan.” What do these plans cover, and do you need one?
“Payment protection plan” is another name for credit insurance. Continue reading “Credit Insurance: Should You Buy It?”
…And why they should think about it anyway.
It’s not that buying life insurance is difficult. In fact, it’s actually quite easy, especially when you have an experienced broker to guide you through the process. The challenging part comes in actually deciding to buy life insurance.
Buying life insurance means facing one’s mortality. And many people don’t like to think about their eventual deaths. But the fact is that everyone will die at some point. Continue reading “Why People Don’t Like Thinking about Life Insurance…”
You found Great-Grandpa’s life insurance policy in an old trunk? Don’t throw it out!
Unlike many types of insurance, most life insurance policies don’t have claim-filing deadlines. You can file a claim many years after the insured has died and the insurer should pay the policy’s face value, as long as the policy was in force (paid up and not expired) at the time of death. Continue reading “Old Life Insurance Policies Could Have Value”
Life insurance is the backbone of a family’s financial plan, but misconceptions abound. A voluntary benefit specialist who is available at enrollments can educate your employees about this important financial tool.
Continue reading “7 Myths of Life Insurance”
Almost a third of Americans are obese, according to the Centers for Disease Control and Prevention. Obesity not only affects quality of life, but it also increases your risk of experiencing heart disease and diabetes, along with some types of cancers, and ultimately, early death.
Continue reading “Obesity and Life Insurance: Extra Pounds May Cost You More”
Traditional permanent life insurance policies provide death benefits and a savings feature. Other types of life insurance also do that, and more.
Continue reading “Not Your Grandfather’s Life Insurance Policy”