Should I Switch from Term to Whole Life Insurance?
Posted: February 22, 2025
Like most answers regarding insurance, the solid answer when deciding whether to switch between term and whole life insurance is, “It depends.” There are many reasons to switch from term to whole life insurance, but the decision must reflect your situation. To Build Savings for the Future Unlike a term life insurance policy, which offers no value after the specified period ends, a whole life...
When Should You Buy Life Insurance?
Posted: January 22, 2025
There is no one-size-fits-all answer to the question, “When should I buy life insurance?” Let’s look at a few valuable guidelines to help you decide. Generally, buying a life insurance policy when you are young and healthy is recommended. There are multiple factors to consider in any case. If You Buy Insurance While Young: Buying insurance when you are young and hopefully in good health...
5 Common Life Insurance Mistakes & How to Avoid Them
Posted: December 22, 2024
Life insurance is vital to having peace of mind and financial security. Doing it right the first time is critical, considering a life insurance policy is a long-term investment. Avoiding these common mistakes if you are planning to buy a life insurance policy: 1. Not Purchasing Insurance Soon Enough While you might think that you don’t need life insurance now because you are young and...
A Guide to Gifting Loved Ones with Life Insurance
Posted: December 7, 2024
Can you give life insurance as a gift? Yes! It is a meaningful and touching way to show how much you care. Here are a few quick things to know about purchasing life insurance as a gift this holiday season. Why Life Insurance Can Be the Perfect Gift Gifts are a joy to give and receive, but giving a life insurance policy can be surprisingly...
7 Life Insurance Questions to Ask Before You Buy
Posted: November 22, 2024
Purchasing life insurance is not something to be done lightly. It requires researching various policies to find what works best for you, your family, and your budget. Here are a series of questions that can help you as you shop for the best policy. 1. Do I Need Life Insurance? It’s easy to say everybody needs insurance, but what will you use it for? Take...