By Doug Bailey Ask an agent about the best time to buy life insurance and the answer will likely be “now” or “anytime.” But consumers watching the value of their 401(k)s decline in this inflationary era as interest rates spiral may want to know if perhaps life...
Although it makes sense to get in touch with a life insurance company to cover your dependents in the eventuality of your untimely death, there are integrity issues surrounding the insurance companies and agents. Broadly there can be 3 ways your life insurance company...
1. Consider an income policy instead of a lump sum Most people know that life cover pays out a lump sum if you die. But far less know that you can buy a cover that pays a regular tax-free income instead of a lump sum. Its official name is Family Income Benefit and is...
Shop around and Bargain Shop, Compare, and Bargain! Well, the oldest principle, is old as dirt, but still going strong. Once decided on your coverage, don’t just sign up for the first plan that crosses your eye. Ensure that you shop around (the internet is a great...