Life Changes Quickly This is why it is important to periodically evaluate your financial plan, including your life insurance. As your life changes, so can your life insurance needs. Here are a few questions to think about: 1. When was the last time you looked at your life insurance policies? 2. How long ago were… Read More
Life Insurance
When is it a Good Time to Buy Life Insurance?
The best time to buy life insurance is when you are young and healthy. As we get older, our healthy also changes. When you are young, our health is healthier, and the rates are lower. I have clients who are in their twenties. Both are healthy and just got married. A few years later, the… Read More
What is Term Life Insurance?
Term life insurance has certain timeframe. They range from 15 years, 20 year, and maximum of 30 years. You would renew it at each term. It does not accumulate cash value for the term of the policy and it is also cheaper when compared to permanent life insurance. However, at every renewal, the cost is… Read More
What is Permanent Life Insurance?
Permanent life insurance covers the life of the insured and it accumulates cash value when it matures. The owner may use the money as a withdrawal, borrowing the cash value, or cash the value of the policy “surrender value.” It is usually more expensive when compared to term insurance. Health exam is needed. It is… Read More
My Doctor My Choice Now
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