Life insurance definitions letter A Accelerated death benefits riderA life insurance add-on that pays a portion of the death benefit while the insured is still alive if diagnosed with a terminal illness, usually in 12 months or less. Accidental death…
How do you see money? What were you taught, what have you learned, and where did they learn it from? Knowing what your viewpoint about money is on a conscious level can help tremendously to get more out of life…
What is it you are looking for whole life insurance for? Do you want the most cash value, highest death benefit, no medical exam, final expense, retirement, key employee, or some other reason? All of the above options are just…
Traditional financial planning is not helping as much as it is hurting. On the one hand, it creates an expectation for those engaged in it, and yet on the other hand the outcome of it is nowhere near the expectation.…
Life insurance is divided into two types: term and permanent. Whole life insurance is actually one of four different types of permanent life insurance. The four types of permanent life insurance are whole life, universal life, variable universal life, and…
More and more talk is occurring around the idea of being your own banker, and while it may seem far-fetched or bring up ideas of setting up a brick-and-mortar bank that’s not true. What is true is that you can…
Life insurance plays an important role in taking care of our family when we pass on. Knowing the difference between whole life insurance and term can help you determine what and when to get the two. What is whole life…
This is a basic article related to explaining what an insurance grace period is. Whether you are new or experienced with insurance terminology this is a good reminder or a good explanation for newer people. A whole life insurance grace…
Many kinds of insurance exist though they all follow one of two cases: temporary or permanent. With regards to life insurance specifically a lot of defining characteristics can vary, however, they all have a death benefit. The whole life death…
Whole life insurance is a great method for creating a nest egg or cash value-building policy and it offers you a place to get cash if needed. How to borrow against a whole life insurance policy is a rather simple…
