This article breaks down the basics of life insurance including, what it is, who it's for, & how it is priced. 

How does life insurance work?

"I have life insurance at work" is what I hear all the time. You need to ask yourself if it's enough. Sure $100,000 seems like a lot  BUT what does it cover?? Is it only a pay out if you die? There are all kinds of options (aka: "riders") that include living benefits. The big shock to me was to plan for 10x your income is ideal. Did I just shock you too?! Check out this article to learn how much you need. 

How Much Life Insurance Do I Need?

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

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

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...