Universal life insurance is a type of permanent life insurance policy. A permanent life insurance policy is a policy that lasts a policyholder’s entire life. There is a death benefit paid out to beneficiaries and a cash value that builds up over time. Universal Life insurance is one of the most popular types of permanent
Universal Life Insurance: A Type Of Permanent Life Insurance Policy Read More »
Have a teenager? Get an umbrella insurance policy asap if you don’t want the risk your teenager bankrupting you. Yes, you love them, but they can put your finances at risk due to all the trouble they get into. Even though my kids are young, I’m not waiting for their teenage years to get insured.
Get An Umbrella Insurance Policy – Your Teenager Is Going To Bankrupt You Read More »
Are you wondering whether you can collect unemployment insurance if you have passive income? The quick answer is YES. Collecting unemployment insurance (unemployment benefits) is completely separate from how much you make in passive investment income. By definition, passive income is not earned income. It’s income generated by existing investments. The government isn’t going to
Can I Collect Unemployment Insurance If I Have Passive Income? Read More »
The cost of a funeral has risen from just $983 in 1971 to over $9,500 today. Unfortunately, the cost to die is expensive folks! Meanwhile, as a result of the rise in funeral costs, cremation rates have SOARED from just just 6% to nearly 50% in the same time period. Cremations “only” cost $5,150 a
Damn, It Costs A Lot To Die! Cremation vs. Burial Costs Read More »
The first thing I did when I got home after receiving a speeding ticket was call my car insurance company to find out how much my car insurance premiums would go up. Interestingly, they couldn’t give me a straight answer. If I get convicted and don’t go to traffic school, I will receive one point
How Much Does My Car Insurance Go Up If I Get A Traffic Ticket? Read More »
Does life insurance cover suicide? Life insurance payouts for suicide are possible, but there can be exceptions. Let’s discuss how life insurance companies treat suicide when processing claims for policyholders who take their own lives. Suicide is a sad and very real issue. Depression is the leading cause of suicide. Someone takes their own life
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There are many different life insurance options to choose from. It can get very overwhelming and complex. Luckily, simplified issue life insurance is just that. Simplified. This article will discuss in more detailed what this straightforward type of life insurance is, why you would get it, and how to get it.
Simplified Issue Life Insurance: For People Who Didn’t Plan Very Well Read More »
Long-term care insurance may be needed to afford the remaining years of your life or someone you love. I spoke to my father yesterday and curiously asked him about his thoughts on assisted living facilities. “Absolutely depressing!“, he said. I couldn’t agree more that assisted living programs are depressing given it reminds us everyday about
Should I Get Long-Term Care Insurance? Read More »
One of the most important things people overlook when they are about to buy a fancy European automobile is how much car insurance will cost. Auto insurance discounts can save you a lot of money over time. I should know. I’m a recovering car fanatic who has literally bought and sold 8 different cars in
Tips and Tricks to Getting Auto Insurance Discounts Read More »
After you purchase a home with a mortgage, you may start noticing solicitations in the mail for Mortgage Protection Life Insurance (MPI). Often times, the mail contains alarmist headlines such as: IMPORTANT NOTICE! PLEASE COMPLETE AND RETURN! FINAL NOTICE! MORTGAGE PROTECTION CARD! NOTICE OF OFFERING! MORTGAGE FREE HOME PROTECTION! This type of scare tactic should
Mortgage Protection Life Insurance: A Consideration For Homeowners Read More »
