Average Life Of Minimalism - The World Is Changing, And You? News is filled with stories of our changing world. Each day brings us new information about the political turmoil and financial chaos all over the world. I would like to fail miserably as a political analyst. I do not know if the Middle East the protests will lead to better lives for people in these countries, but I know that the oil price is going up for the protest. Oil...more
Life Insurance 101- Basics Life insurance is basically a contract between two parties: the life insurance company and the policy owner. After the demise of the policy owner, the life insurance company agrees to pay a lump sum amount based on premiums paid by the policy owner, to a designated beneficiary. The policy owner must pay the life insurance company either a lump sum or a stipulated amount at regular intervals in order to...more
Protect Your Nest Egg with Life Insurance If you have been withdrawing from your life savings to meet expenses, you're not alone. Real-life stores of people either losing more than 50 percent of their life savings in the 2007 economic crash or having to dip into their retirement investments to pay off bills and medical expenses are far too many. As senior citizens begin to wonder how or when they would earn enough money to replenish their retirement funds, many have opted to protect their nest egg by choosing a life settlement option. If you're thinking of going that way, think carefully. Life insurance experts say you may be treading a dangerous path. Albeit, statistics show that as the nest egg dwindles in size and loans are hard to come by, selling your life insurance policy may be the most viable option you have.Life settlements came into fashion in the 1980s with the AIDS crisis. In need of money for treatments, those suffering from AIDS sold their life insurance policies to a secondary insurance market for immediate cash to pay for their medical expenses. These were called viatical settlements. Gradually, medical science developed effective treatment for AIDS...more
Reasons to Convert Term Life Insurance to Permanent Life Insurance Term life insurance may make sense now, when funds are low and insurance needs are high. But this may not be the case a few years down the road. That's why when you purchase term life insurance you should make sure there is a convertibility option within your...more
Do Dham Yatra, Easiest and Time Saving Way to Achieve Truth of Life Chardham yatra is the most significant journey of Hindus all over the world. They gather to perform this holy pilgrimage every year with the laksha (aim) of achieving the divinity or truth of life and Moksha. The driving force for this wonderful journey is that they...more
Uses of Permanent Life Insurance in Estate Planning An estate is the total sum of all the assets you leave behind after you die. The distribution of these assets is usually pre-determined through a Will. If there is no Will the execution of all assets is usually decided by a court of law. An estate could be as simple as naming a beneficiary for your 401(k) or it may require creating several trusts in order to distribute a vast estate.Many people are under the mistaken impression that estate planning is required only when you are wealthy. Regardless of how much money you have, calculating the value of all your assets against your liabilities will help you determine exactly how much your family will be impacted financially, if you were to die suddenly. Many people are surprised to learn that the total gross worth of their estate could be liable for federal estate taxation after considering all their assets in addition to the value of their life insurance policies.Estate Planning – Using Life Insurance as a Tool to Protect your EstateEstate planning makes sure that your heirs/beneficiaries receive your estate in full. If you did not do any estate planning, your...more
Should You Buy Guaranteed Issue Life Insurance? Life insurance companies know that older people are still out shopping for new policies. They have responded to this booming market by making products to suit older applicants.Older...more
Life Insurance: Owners and Beneficiaries If you're covered by life insurance, you're the "insured", and you're most likely the owner of the policy, too – but not necessarily. In some situations, you might choose to have your spouse,...more
You By no means Associate When You Can Be In For Some Life Insurance Life insurance offers people the chance to insure their lives against the event of death occurring. This offers protection for the loved ones that are left behind,...more
Manulife Combined Term Life Insurance Save Money Alberta Manulife Combined Term Life Insurance Is A Great Deal in AlbertaIf you are a couple looking for life insurance, you might want to take a good look at Manulife's Combined Term...more
How To Shortly Find The Best Time Period Life Insurance Quote? The concept of time period life insurance coverage may be very easy to understand. Term life insurance stays efficient for a limited, predetermined time span. A term life...more
Benefits Of A Whole Life Insurance Policy To begin with, you'll want to understand that life insurance falls into very broad categories: Complete and term. The basic distinction between time period and complete life insurance coverage...more