Ben Franklin wrote in 1789, “In this world nothing can be said to be certain, except death and taxes.” His keen understanding of this concept is probably why Mr. Franklin helped to form the first mutual life insurance company in America. After all the concept of life insurance has traditionally been one of [...]
I don’t think anyone would challenge the concept that your ownership of life insurance will be affected by your ethnicity, and there is plenty of fact-based data to back it up.
For example, a recent LIMRA study called “Targeting Multicultural Markets in the United States” found that African-American ownership of individual life insurance stands at 68 [...]
If you are a customer of AIG, then I’m sure you are aware of the financial problems that the corporation has had lately. As a result of the problems many states have been publishing warnings to insurance agents and companies to make sure that they do not mislead customers into replacing their AIG insurance policies.
Are [...]
I was having my usual lunchtime jolt of caffeine yesterday at the Starbucks around the corner from my office and found myself in a conversation with my favorite barista as she prepared my Grande Caffè Americano.
The topic was - no surprise - the most recent events surrounding our economy.
My barista said she had [...]
Are you thinking about replacing your life insurance policy with a new one? Whether you are just trying to get a lower rate, update your coverage to your changing financial picture, or just looking for a different company, here are some things to consider before going through the process. I am not [...]
Whether you experienced Ike’s effects first hand, or you watched coverage of its devastation on TV, you saw what a natural catastrophe such as a hurricane can do to a house — and all the personal belongings in it.
It should serve as a reminder to us all that personal documents, such as insurance documents, need [...]
This is a very important question that many people ask after the death of a loved one. The funerals and unpaid bills can be overwhelming and the income a family produces may be greatly reduced or nonexistent.
First of all, nothing is going to happen until a claim is filed. Usually the policy [...]
It sounds scarier that it is. There are life settlement companies that willing to purchase and pay the life insurance premiums on life insurance for senior adults. The insured senior usually receives a large lump sum buyout 2 or 3 years into the policy and the life settlement company continues to pay the [...]
Here we are, deep in the theatrics of another presidential election…and this particular blog just happens to be all about life insurance.
I’ll bet you can tell where I’m going with this.
Whether it’s Obama or McCain, how much life insurance will our next commander and chief get as part of his compensation package?
While there’s the $400,000 [...]