At first glance, this study appears to be pointing out what most of us could have probably guessed. Single parents tend to have more financial difficulties than do parents who have a spouse or partner, because single parents are trying to get by on one income. In any case, there has now been a study that gathered enough data to prove what was previously assumed. Many people feel that life insurance isn’t important, or is something that can be obtained “later”. If you are a parent who recently separated or divorced, then you may be struggling to figure out how … Continue reading →

Insurance, no matter what kind, is designed to provide you and your family with some financial protection in case tragedy strikes. Getting insurance involves a whole process, taking up both time and money. After paying years of premiums, the expectation is that the insurance company will take care of you in your time of need. In some cases, getting remarried can cause serious problems with insurance. You might not be as protected as you think you are. Is your spouse in the military? There is an insurance plan called the Survivor Benefit Plan that is a program of the Department … Continue reading →

Let’s say you’ve already gone ahead and done the responsible thing: you got a life insurance policy for yourself and one for your spouse as well. Great! Or, let’s say you are considering getting life insurance, but haven’t quite gotten around to it yet. Either way, you will need to figure out how much life insurance you really need to purchase. Life insurance is designed to provide financial assistance to your family after you pass away. One of the most immediate needs is for the life insurance policy to pay for the costs associated with your funeral, as well as … Continue reading →

It is important that you and your spouse each have a life insurance policy. This kind of insurance provides financial protection in case the worst happens, and one of you passes away. Despite it’s importance, many people decide to let their life insurance policy lapse. You really shouldn’t do that! Life insurance is a great way to ensure that there will be enough money to pay for the expenses that arise when you, or your spouse, dies. This kind of insurance policy will help pay for the costs of burial and for the medical bills involved that were not already … Continue reading →

Did you know that September is Life Insurance Awareness Month? It is an industry wide awareness month, so it is very likely that your insurance company is focusing on life insurance right now. This is a great time for you to ask your insurance agent questions about your existing life insurance policy. If you do not have life insurance, for yourself, your spouse, or your children, this month may be a good time to make sure that everyone is covered. Life insurance is a way to provide some financial protection to your family in case the worst happens. It is … Continue reading →