Even though life insurance can provide protection that survivors need—sometimes desperately—many shy away from it. Some just don’t want to think about their own death, but many avoid even looking into it because of misunderstandings and confusion about life insurance. Let’s take a look at some of the most common life insurance misconceptions. Life insurance […]

There’s a comfort to knowing that you can tap into your permanent life insurance policy’s cash value should you ever need to. But, borrowing or taking out cash from your policy comes with some risks. Face Value vs. Cash Value When you pay your whole or universal life insurance premium, a portion goes toward the […]

Although many people purchase basic life insurance, certain circumstances may warrant add-ons, or riders. Some riders are specific to term or permanent policies. Riders come with extra costs and specific coverage can vary from one insurance provider to another. Add-ons are subject to underwriting and you may not be eligible if you have certain health […]

The kids are grown, you have grandkids to spoil, your house and car are paid off and you are either retired or close to it. Do you still need life insurance? While life insurance can cost more as you get older, there are some good points to consider before making a decision about buying a […]