Articles
Have you ever wondered how your loved ones would manage financially without you?
There are different policies that will help you keep your family safe. Insurance can provide protection, prepare for financial milestones, and create wealth.
What Kind of Parent Insures Their Child?
I am an independent insurance broker and have been for 35 years. I love what I do – there is nothing better than helping parents provide a financial legacy for their children. With that said, until recently, I was very much the shoemaker whose children go shoeless. I have four children, all grown up now, and only in the past year have I actually purchased insurance for them, all because I was introduced to an amazing idea.
Life Changes… So Should Your Insurance
Life can bring so many momentous occasions, from marriage to babies, and from mortgages to retirement. Obviously I have skipped a few steps along the way, but needless to say, your life may change several times before your retirement. One of the constants you should be aware of is your insurance. It is most likely the last thing on your mind as you transition through your milestones, but these life changes can absolutely impact your insurance needs now and in your future.
The Five Biggest Misconceptions About Insurance
1. “I can buy life insurance on line for less that I can from an insurance broker.
2. “I got a policy years ago. I don’t need anything else.”
3. “I have life insurance coverage through my work.”
4. “My wife/ spouse/ partner/ significant other is at home and doesn’t need insurance.”
5. “I was declined for coverage years ago, and was told that I would never be able to get insurance.”
Why You Need to Keep Your Life Insurance Policy During Hard Financial Times
If you are like most people, then you’ve secured life insurance to protect your loved ones in the event of your unexpected death. When money gets tight, you may be tempted to simply cancel your coverage and start pocketing the extra cash. However, it’s best to keep your policy for as long as possible.