KEY POINTSMany financial experts advise buying life insurance to replace income.Stay-at-home parents typically do not have income that would need to be replaced.It may still be important to pay for life insurance for stay-at-home parents.Often, consu...
Life insurance is an important financial planning tool if you’re concerned about your loved ones being left in a tight spot if something happens to you. But what if you can no longer afford to pay the premiums to keep your coverage in place?Reduced p...
After my husband and I got married last year, our financial to-do list started to grow rapidly. All of a sudden, we found ourselves struggling to make decisions about how to combine our money, what joint investments we should make, and what kind of f...
Life insurance is a fundamental risk management tool for a secure financial lifestyle. Primarily, it functions as an income replacement insurance product during an individual’s working years. In many cases, life insurance is set up to provide fi...
Life insurance for people with disabilities can be more challenging to purchase. Life insurance companies are able to take health status into account. This means a disability can affect coverage options and policy costs. However, policies m...
The old aphorism that life insurance is sold and not bought has been turned on its head partly as a result of pandemic-influenced buying habits and partly because of the technological ease with which policies can now be purchased.This is according to...
Fraudsters operate under the mistaken belief that they are smarter than the average person and are unlikely to be caught perpetrating their brand of creative financing.However, the Hall of Shame shines a national public spotlight on the dam...
The “Payment Protector” coverage works like traditional life insurance, but without the expensive premiums or arduous examination. With Americo’s “Payment Protector” a family can set aside some premium every month i...