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Archive for the ‘Life Insurance’ Category

Why do I need Life Insurance?

Why do I need Life Insurance?
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Did you know that there were over 80 traffic fatalities in the city of Dallas alone, this is not including any of the neighboring cities.  If you look at the statistics of underinsured households in America, it’s a good probability that 50% of those who lost their

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Texas Family Pleads Guilty to Insurance Fraud

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The insurance industry is faced with fraud cases of all types.  Costs associated with paying fraudulent insurance claims ultimately affect insurance rates.  In order to combat fraud of all types, insurance companies employ highly trained investigators to examine possible cases of insurance fraud.   Recently,  a Texas

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Ex-Insurance Agent in Pennsylvania Sentenced for Fraud

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This news article was originally posted by The Insurance Journal online. A former northeastern Pennsylvania insurance executive has been sentenced to 5 1/2 to 16 1/2 years in state prison in what prosecutors said was a pyramid scheme worth at least $7 million. Brian Murray, 68, former

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Mistakes to avoid when shopping for life insurance

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People are discouraged because they find it difficult to understand or it was too expensive. Understanding life insurance is really simple if you equip yourself with a little knowledge and avoid the myths. So, I’ve come up with 4 mistakes to avoid when you’re shopping for life insurance.

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Life Insurance for Newlyweds

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Are you a newlywed? Now that you are married, you have to share everything including the bills and other financial obligations. When is it a good time to talk about life insurance?

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Life Insurance for New Parents

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As a new parent, you want to see you child grow up and realize all their dreams and hopes. As a new parent, you want to do everything possible to help them along in life, but what if you or your spouse were suddenly out of the picture?

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Different types of insurance and their purposes

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Since the future cannot be predicted, it’s better to get it insured. There are different insurance policies, which you can choose according to your needs and urgency. Types of insurance policies All insurance policies are important since they are for the things you possess and don’t want

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How much life insurance do I need?

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In most cases, if you have no dependents and have enough money to pay your final expenses, you don’t need any life insurance. If you want to create an inheritance or make a charitable contribution, buy enough life insurance to achieve those goals. If you have dependents,

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How often should I review my policy?

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You should review all of your insurance needs at least once a year. If you have a major life change, you should contact your insurance agent or company representative. The change in your life may have a significant impact on your insurance needs. Life changes may include:

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How should I organize and store my life insurance records?

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The last thing you want to happen after you die is for your beneficiaries to be unable to locate and submit a claim on your life insurance. To prevent this, you should have copies of your life insurance records in at least two places. This is to

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