“I already have a term life insurance policy through work that will pay triple my salary if anything happens to me. I really don’t need anymore than that, right?” The simple answer is, you only need that term insurance policy if you don’t plan to outlive your employment. That policy only covers you for the…
A recent discussion with my own children helped me realize just how much I don’t need much more than I already have. I don’t need a new car just yet and I can make due with the furnishings I have until I save for something newer. To purchase something on a credit card or buy…
“I’m trying to decide whether to purchase Term Life or Whole Life and can’t make up my mind. What is the biggest difference?” The biggest difference is that a Whole Life policy actually earns you money over the life of the policy. Term Life won’t. When my parents had me and my siblings purchase Whole…
The deadline for open enrollment has passed, and you still need some type of coverage. You know accidents and unexpected illness can and often will happen between now and the next open enrollment period on November 15, 2014. What are your options? One option is Short Term Medical Insurance. It doesn’t meet the 10 Essential…