Thinking about the end of your life is probably not your favorite pastime, but it’s necessary, especially if you’re committed to protecting your loved ones by ensuring they don’t get burdened by huge funeral expenses. Life insurance policies minimize costs associated with your passing, and there are numerous smart ways to save on coverage costs. Verify What’s Offered Through … [Read more...]
Finding the Right Insurance Products to Protect Your Family
Nobody likes to pay money for a service that has no return. That is why some people balk at the thought of purchasing insurance products. Why spend money on something that you may never use? The answer to that question can be two-fold. First, in certain circumstances, it is the law. You can't go drive a car without having basic liability coverage. Second, insurance products … [Read more...]
Why I Have $1.5 Million in Life Insurance
$1.5 million is a LOT of money. So when I tell people that's how much life insurance I have on myself, I can almost hear their eyes pop. It's especially crazy when you consider that my wife and I only have one child and no real debt to speak of (a total of about $16,000 between a car loan and student loans). So what's the story? Did I get screwed by a sleazy life insurance … [Read more...]
5 Ways to Know Your Insurance Agent is Fleecing You
Insurance is a dirty word. No one likes to talk about it. No one likes to buy it. For some people, the only thing it's good for is rando commercials. Because of that, it's safe to say that insurance is likely one of the most-hated financial product out there. Of course, it doesn't help when you're working with an insurance agent who is trying to screw you. Take it from a former … [Read more...]
My Life Insurance Policy is Better Than Yours
For all of you who don't know, this month is life insurance awareness month. Because of this, there's been a deluge of articles and posts about life insurance--why you should have it, who should have it, how much you should have, and on and on and on. I've written a few times about the topic, once about the basics of why I think it's important, another time about why people … [Read more...]