Understanding Life Insurance Retirement Plans, Made Easy A life insurance retirement plan (LIRP) can help you retire more comfortably, but they’re not for everyone. Life insurance retirement plans are an easy way to pad your retirement savings plans that can effectively help many people plan for a more comfortable life after the grind. LIRPs are… Continue reading Life Insurance Retirement Plans
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How to Buy Life Insurance on Someone Else Taking out life insurance on someone else might feel a little icky. In fact, in the old days, you could take out life insurance on anyone you wanted, from your neighbor to your boss. Obviously, this creates some ethical considerations, which is why the rules have changed.… Continue reading Can You Take a Life Insurance Policy Out on Anyone?
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Life Insurance for Suicide Suicide. It’s an emotionally-loaded word. Life insurance and suicide have one thing in common: no one wants to think about it if they don’t have to. However, every American should have life insurance to help protect their beneficiaries from being burdened with final expenses or money struggles while dealing with their… Continue reading Does Life Insurance Cover Suicide?
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How Much Does a Funeral Cost ? No one likes thinking about death, and insurance is a close second. But thinking about what your death might mean for your loved ones financially can help you see the importance of tackling life insurance now. Of course, in an ideal world you will live a long, happy,… Continue reading A Comprehensive Guide on Average Cost of Funeral Expenses
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What is a 7702 Plan? Don’t let the seemingly random sequence of numbers confuse you. When you hear someone use the phrase, “section 7702 plans,” they are simply referring to a specific type of life insurance policy. In particular, they are referring to life insurance plans that have a cash value component to them. Section… Continue reading Section 7702 Life Insurance Plans Explained
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Can You Get Life Insurance After A Heart Attack? If you’ve survived a heart attack and it’s open your eyes to the benefits of life insurance, then be rest assured that you can still get a life insurance policy. However, underwriters will ask you many questions pertaining to your heart attack and current state of… Continue reading Life Insurance After A Heart Attack
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Here Are 4 Reasons Why You Should Get Life Insurance Even If You Don’t Have Kids Life insurance is one of those things that’s easy to push to the back burner, and even more so if you don’t have kids. But the truth is that everyone can benefit from life insurance and the earlier you… Continue reading Why You Should Get Life Insurance Even If You Don’t Have Kids
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