No, you do not need life insurance if you plan to be single forever. It provides financial protection for a person’s dependents or beneficiaries in ...
Should I get life insurance? Why or why not?
Whether or not you should get life insurance depends on your circumstances. However, if you are the primary breadwinner in your household and have d...
Understanding Life Insurance Collateral Assignment And How To Use It
The word “life insurance collateral assignment” is frequently used in the industry, although most people have no idea what it refers to. Worse yet...
Is there a formula for how much life insurance a person needs?
No, there is no formula for determining how much life insurance a person needs. The insurance coverage a person should have depends on their circum...
What are the ways to choose a life insurance policy?
Covering your family’s financial needs in case a tragedy takes you away is essential, and life insurance can help. Moreover, insurance companies off...
How do life insurance agents get paid?
Well, the answer to these questions depends on certain factors. Life insurance agents get paid in various ways. However, How well do you know the fi...
Will the life insurance rule of thumb work for you?
The life insurance rule of thumb is a general guideline. It suggests individuals should purchase life insurance policies worth approximately 10 to 1...
Is 10 Times Your Salary the Right Amount of Life Insurance?
The answer to the question, “Is 10 times your salary the right amount of life insurance?” is “it depends”. However, there are factors to consi...
How big should my life insurance policy be?
The size of your life insurance policy should depend on your financial situation and obligations. A common rule of thumb is having a policy worth 10...
Colonial Penn 995 Plan: Full Review
Colonial Penn 995 Plan is a guaranteed acceptance whole-life policy with a 2-year waiting period for $9.95 a month. Everyone pays $9.95 for each unit ...
