People don’t need a reminder that they are overweight. I know, I’ve carried a few more pounds than I am happy with. No one needs to tell me that I need to drop a few pounds. However I really had not considered the financial impact of carrying more weight over a long period of time. […]
Tag Archives | life insurance
How to Lower Your Life Insurance Rates Without Changing Companies
Did you know that if your life insurance policy was rated in a way that cost you more money, you might be able to have it reconsidered? That’s right. If you were significantly overweight, had a disease, or practiced a poor lifestyle choice such as smoking, there is a chance that you are not paying […]
Buy Term & Invest the Difference?
Perhaps you’ve heard this old saying as it relates to life insurance. The idea behind it was that someone could buy term life insurance for much lower monthly payments that permanent life insurance and invest the difference the payments elsewhere. In reality this doesn’t work for two reasons. First, buying term life insurance is simply […]
Is Whole Life Insurance a Good Investment?
Today, I got an email from an insurance agent letting me know that there is a shift back to people buying whole life insurance. My speculation is that there are many life insurance agents who have heard about the Infinite Banking Concept and the fact that whole life insurance policies can be used to create […]
Life Assurance vs. Life Insurance
Many people put off purchasing life insurance because they somehow feel that it will bring about the investable sooner. The sad reality is that because of this, many leave their loves ones without even the money to bury them. According to a J.D Power article, and estimated 40% of Americans have no life insurance and […]