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?”
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”
Maybe you’ve been named executor of the estate of your very wealthy but very disorganized uncle. Or maybe your relative’s valuable papers have been destroyed or lost in a fire, flood or move. In either case, you know a life insurance policy exists somewhere but you can’t find it. What can you do?
Continue reading “How to Locate a Missing Life Insurance Policy”
A large percentage of Americans are either uninsured or under-insured for life insurance. Employers that offer voluntary life insurance offer their employees a way toward a more secure financial future. Continue reading “Life Insurance Needs by the Decade”
Most life insurance companies sell both life insurance policies and annuities. Both require you to be in good health to get the best rates. And both provide financial security. But they play very different roles in your financial portfolio. Continue reading “Annuities vs. Life Insurance”
According to the Bureau of Labor Statistics, 72 percent of all full-time employees in private industry had access to life insurance through their employer. Group life has its pluses, but most families will need additional coverage. Here’s why. Continue reading “Life Insurance: Why Group Benefits Aren’t Enough”