Have you ever thought about what would happen to your family if something happened to you? All of us have at one point or another, even if it was in the form a frantic mental love note sent to family members during bad airplane turbulence. But concern for protecting your family financially doesn’t have to turn to worry if you follow these steps.
Losing a child leaves a hole in your heart that can never be filled.My daughter, Summer, was everything you could want in a daughter—laid back, fun and very smart. I was so proud of what she was accomplishing on her own at just 22. She was working full time as a waitress and going to school full time studying premed.
If you are concerned about outliving your savings, perhaps an income annuity will fit your needs. An annuity can offer a guaranteed lifetime income that you can’t outlive.
Well, it has finally happened. Someone out in the vastness of the internet was able to obtain my personal information and use it to try to fraudulently withdraw funds from my accounts. But this was not the normal type of fraud. This was someone who contacted an insurance company where I owned my life insurance policies.
Many people make the assumption that life insurance is for married couples and those with kids. While it is true that not all single people need life insurance, there are a number of reasons when it can make (really) good sense.
Preston Newby was a youth minister. He and his wife, Tara, were driving with their son to visit family—excited to announce a new baby on the way. In the keeping with the kind of person Preston was, he stopped to help at the scene of an accident. That’s when he was struck by another car and killed. He was only 24.
When we hear the word insurance, most of us tend to think of things like car or health insurance. Critical illness insurance most likely isn’t one of the types of insurance that comes to mind.
If you’ve spent time looking at information about choosing the right amount of life insurance, you’ll have found some fairly standard answers, but also a lot of ambiguity. That’s because the amount of life insurance a person needs varies on a case-by-case basis. Still, just like with other kinds of financial management, industry experts have weighed in on what they feel is best for the average consumer.
Life as a young adult may be wrinkle-free, but it isn’t always pretty.When we asked Helaine Olen, personal finance columnist at Slate.com and author of The Index Card, what she sees as one of the biggest stumbling blocks to financial well-being for 20-Somethings, student loans came to the fore.
You may think that because you’ve had breast cancer, you won’t be able to get affordable life insurance. That’s just not true! Many breast cancer survivors can qualify for coverage and probably a lot sooner than they think.