Employer-Sponsored Life Insurance
When you started your job, you probably scrolled through a mountain of paperwork during onboarding. Somewhere in that stack was a benefits enrollment form asking whether you wanted life insurance through your employer. If you’re like most people, you either checked the box without thinking much about it or skipped it entirely because the whole […]
Tax and Life Insurance
Life insurance is often viewed as a safety net—something you buy to protect your loved ones financially if something happens to you. But here’s what many people don’t realize: life insurance also has some interesting tax implications that can actually work in your favor. Whether you’re considering buying a policy or you already have one, […]
How Does Term Life Insurance Work?
Term life insurance is the simplest, most straightforward form of life insurance—and for most people, it’s exactly what they need. Unlike permanent insurance with its cash value, investment components, and complexity, term insurance does one thing: pays your beneficiaries if you die during the coverage period. That’s it. This simplicity makes term insurance affordable and […]
How Does Permanent Life Insurance Work?
Walk into any insurance office and mention you want life insurance, and you’ll likely hear two very different pitches. One agent will push term insurance as affordable and straightforward. Another will advocate for permanent insurance as a superior wealth-building tool. The truth is, they serve different purposes, and understanding how permanent life insurance actually works […]
How do Trusts Work in Life Insurance?
When most people buy life insurance, they simply name their spouse or children as beneficiaries and call it done. But for certain situations—high net worth, complex family dynamics, estate tax concerns, or protecting beneficiaries from themselves—having a trust own your life insurance offers powerful advantages that direct beneficiary designations can’t match. Trusts and life insurance […]
Common Use-Cases for Life Insurance
Most people understand life insurance in its simplest form: you die, your family gets money. But viewing life insurance only as death benefit protection misses the diverse and strategic ways it can be used throughout your financial life. Life insurance serves many purposes beyond replacing lost income. It protects businesses, funds education, pays estate taxes, […]
Selecting the Right Life Insurance Policy
Choosing life insurance feels overwhelming. Agents push different products, online calculators give conflicting recommendations, and you’re left wondering if you’re making the right decision about something that could profoundly impact your family’s future. Here’s the truth: there’s no universally “best” life insurance policy. The right policy for you depends on your unique situation—your age, financial obligations, goals, […]
What are the Types of Life Insurance?
Walking into life insurance shopping can feel overwhelming. Term life, whole life, universal life, variable life, indexed universal life—the list goes on, and each type comes with its own features, benefits, and drawbacks. How do you know which type is right for your situation? While there are many types of life insurance, they all fall […]
Medical Examinations in Life Insurance
You’ve decided to buy life insurance and filled out the application. Now comes a part many people dread: the medical examination. The thought of a stranger coming to your home to draw blood and ask health questions can be anxiety-inducing, especially if you’re not sure what to expect or worry that health issues might disqualify […]
What is Underwriting in Life Insurance?
You’ve decided you need life insurance. You fill out an application, answer some questions, and then… you wait. What’s happening during that waiting period? The answer is underwriting—the process where the insurance company evaluates your application and decides whether to offer you coverage, and at what price. Underwriting might sound intimidating, like some mysterious black box […]