In an ideal world, you buy life insurance when your kids are young or you’ve purchased your first home, and you need the coverage only for about 20 years. By the time your policy nears the end of its term, your kids are on their own, your house is mostly paid off, and you’ve accumulated… Read more »
The Macro View
Posts Tagged: Life Insurance
Understanding the Importance of Insurance and Managing Risk
An unexpected occurrence, such as a death, disability, or other personal loss, is certainly not the type of life event for which you can easily plan and often times it’s a topic that people choose to avoid thinking about altogether. “I’ll deal with this another day” they say to themselves. Yet the financial ramifications of… Read more »
Insurance Protection for Life’s Key Stages
Whether you are just starting your career, in your peak earning years, or enjoying retirement, your insurance protection needs may change over time. Life cycle planning helps identify insurance needs that are common to particular stages of life. This can help individuals and families examine their insurance requirements in order to make future plans. Starting… Read more »
What Young Professionals Need to Know About Life Insurance
Young adults starting out in life, especially newlyweds, need insurance. But what kind? As a start, a good term life policy likely is a smart move. Term life insurance will minimize the dollars needed to secure the appropriate amount of protection needed for their family and free up discretionary income to accomplish other financial goals. … Read more »