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What are Living Benefits

October 4, 2021

I use to think life insurance meant someone (beneficiary) got money when I die. Since I don't have kids, I thought why would setup such a plan, that's a murder motive. Of course the was probably all of the true crime shows I watch to relax, lol!! 

They say with age comes wisdom, at the ripe ole age of 40 that finally started to happen for me. I have a full time job that comes with benefits such as life insurance. However I realized two things, 1 - it's not "my" policy it belongs to the...

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What's a Rider?

September 13, 2021

As you start to explore policies types, you see/hear the word "rider" often. A rider basically means extra coverage not covered in your policy. If you think about your car insurance, Roadside Assistance is an example of a rider. It's an "extra" benefit you are willing to pay for that is not covered in your policy.  

In life insurance common riders are living benefit, accidental death, long term care, critical care, & waiver of premium for disability to name a few. Everyone has different...

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A Guide to Universal Life Insurance

September 7, 2021

I promise this is not a repeat post. This post delves deeper in Universal Life. I really like this article because it compares Universal Life to the other insurance options. It also lists policy riders such accelerated death benefit (this benefit is a big deal!) Just like there are many different insurance options there are also many different companies to use. My goal is to find the right plan & company that works best for your needs. 

A Guide to Universal Life Insurance

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Life Insurance in the age of Coronavirus

August 23, 2021

Since March 2020 we have heard about covid everyday; it's impossible not to make us think about our health & that of our loved ones. Covid impacts folks differently, some folks get uncomfortable flu symptoms & others are critically impacted. We don't know how we will be impacted, what you can do is plan for the unexpected.

Check out this great article: 

Life Insurance in the age of Coronavirus

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What Is Universal Life Insurance and How Does It Work?

August 2, 2021

In a previous post we looked at the difference between Term & Whole life insurance. A third option is Universal Life. Universal Life lasts for the life of the insured, has a cash value, & has more options in terms of premiums.  The linked article is a great overview. However there are two points I like to mention. First the article mentions a physical exam. The exam is not always required, they key is to be as honest in the application to verify again your medical footprint. The other point...

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