Have you ever wondered if life insurance is an investment? I know many are under the idea that life insurance is only necessary for your working years, but if we are alive then don’t we have a responsibility to protect…
There are two basic types of life insurance: temporary and permanent. Permanent life insurance builds cash value and here are 15 reasons why life insurance cash value is awesome. Guaranteed growth Every life insurance policy has an illustration created prior…
Have you ever wondered what a life insurance policy normally contains? Is it your first time looking into life insurance? If so here are the normal parts of a life insurance contract. Insurance contracts of all kinds are legal contracts…
A life insurance contract has a section where you can list a person, estate, trust, or institution as an entity that will receive the death benefits after the insured dies. This is known as a beneficiary and here we will…
Assigning more than one beneficiary is helpful in making sure that the proceeds from it are claimed. Having multiple beneficiaries helps if an accident occurs where multiple people die in rapid succession. A life insurance policy contingent beneficiary is the…
Living in Shelley Idaho, serving Idaho Falls, and other areas in Idaho. JonEric Bohman has lived in and around Idaho Falls since 1999. His dad and grandparents have lived in Idaho since the early 1970s. JonEric loves the small-town feel…
I don’t know why the question “Is residual income good” gets asked but let’s answer it once and for all. What is residual income? Residual income is income you receive on a regular basis without doing the work needed to…
Are you thinking about life insurance options and not sure what life insurance is best? The best life insurance is dependent on factors like what you want it for, what can you qualify for, and what is your budget. The…
Have you ever wondered what a rider is for insurance policies? Simply put a rider is an extra benefit or slight change to an insurance policy. Riders can be added at the time of application and help give more protection…
If you hear someone say life insurance is not a permanent need then they are selling you something. Simply put, your life has value and for a couple of thousand dollars a year you can transfer the eventual risk of…
