Studies have shown that 80% of us overestimate the cost of insurance (LIMRA, 2015). This is detrimental for two reasons. One, monthly insurance premiums cost less than a coffee for many people. And two, insurance is one of the best investments you can make. Here’s why: 1. Term Insurance is for financial obligations that have […]
The concepts behind money and insurance have been around a very long time. Bartering was the first system of trade. I’ll give you an axe if you help me hunt a mastodon. Some time in the distant past, our ancestors started using various objects as currency — things like salt, beads and shells. The point […]
Do you know what insurance is? Or why we need it? Sometimes, going back to basics can clear up any gaps in knowledge or misunderstanding you may not know you have. To help you understand this important financial tool, is the Dummies Guide to Insurance: What is insurance? Simply put, insurance is a contract (also […]
At this life stage, with years of hard work behind you, you can look forward to retirement. What kind of retirement do you want, and how can life insurance help protect your goals? Here are some tips for finding the right life insurance plan in the decade before retirement. Ongoing expenses Ideally, in the years […]
