Don’t Let These Common Myths Scare You Away from Life Insurance
Posted: October 7, 2021
Most people need life insurance. Not having it could be devastating to your family’s financial future in case the worst should happen. Life insurance is a complex, frequently misunderstood subject, surrounded by a multitude of myths. These myths can be dangerous if they scare you away from purchasing the life insurance coverage you need. Common Life Insurance Myths Debunked If You Are Young and Single,...
Understanding Medicare Coverage for Stroke Survivors
Posted: October 6, 2021
World Stroke Day is Friday, October 29, 2021. This is the day to focus on stroke prevention, and on healthcare options for individuals who have survived a stroke. Major side effects of stroke include decreased mobility, problems with hearing, vision, or balance, and paralysis. What Does Medicare Cover for Stroke Survivors? Every year, more than half a million people over the age of 65 suffer...
Nontraditional Life Insurance Plans You Should Know About
Posted: September 22, 2021
Traditional life insurance is low risk and offers guaranteed maturity returns to policyholders. Nontraditional life insurance combines investment and insurance in a single policy. These plans invest in the market and have the potential to earn higher returns because of their higher-risk nature. If you have not been able to obtain traditional life insurance, you should know about these nontraditional life insurance plans. Graded Life...
Do I Have to Retire to Be Eligible for Medicare?
Posted: September 21, 2021
The average retirement age is increasing because many households would not be able to maintain their standard of living in retirement. Meanwhile, healthcare costs continue to rise. Fortunately, you can enroll in Medicare while you are still working. You become eligible for Medicare at age 65, whether or not you are retired. What Are the Benefits of Enrolling In Medicare? Medicare makes healthcare very affordable....
3 Types of Living Benefits for Life Insurance
Posted: September 7, 2021
Life insurance is mainly designed to pay out death benefits to beneficiaries. But some life insurance policies also provide living benefits for policyholders. The following are three types of life insurance living benefits. Accelerated Death Benefits Most life insurance policies contain a provision known as Accelerated Death Benefit (ADB). It allows the policyholder to receive a portion of the life insurance money while he or...
