In recent blog posts we touched on Term Life Insurance and Permanent Life Insurance, both of which are intended to compensate the purchaser in the event of an untimely death. However, for those without a defined benefit pension plan (most people), running out of money in retirement, or longevity risk is a valid concern. Annuities Read more about Annuities[…]
Life insurance is meant to provide financial compensation to beneficiaries or towards a bequest when a person dies. The most common, and cheapest, form is Term Life Insurance, but as the term increases, it becomes Permanent Life Insurance, that is one that is valid as long as a person is alive. Unfortunately, to complicate things Read more about Permanent Life Insurance[…]
Few people like to talk about life insurance. Most of those that do are life insurance sales agents. With their commissions on the line, you may not be getting an honest opinion. How do you know if you should buy life insurance? Read on for details… Risks As we go through life, we take on Read more about Life Insurance Basics[…]