In exchange for fixed premiums, the insurance company promises to pay a set benefit when the policyholder dies. Whole life insurance policies build up cash value — effectively a cash reserve that pays a modest rate of return. This growth is tax deferred. Guarantees are based on the claims-paying ability of the issuing company.
Did you know that many people believe they don’t carry enough life insurance? Our simple calculator can provide general guidelines to consider and help you in creating a course of action!
The ownership structure of a condominium unit is different from that of a single family house. Here’s a list to consider when purchasing insurance for your condo.
Several factors will affect the cost of homeowners insurance, including the location, size, and contents in the home. Any guarantees associated with a policy are dependent on the ability of the issuing insurance company to continue making claim payments.
A living trust is a popular consideration in many estate strategy conversations, but its appropriateness will depend upon your individual needs and objectives.
If you rent an apartment or house, it’s likely your landlord will ask you to obtain a renters insurance policy. You may be left wondering what exactly renters insurance is and what it covers.
If you're renting an apartment, home, or condo, you might assume you don't need insurance. Should anything structural happen to the building, the property owner is responsible for repairing the damage under their policy.
When your local weather forecaster tells you that it's going to rain, what do you do? That's easy--you reach for your umbrella. So why not purchase an umbrella that can protect you in stormy financial weather?