I'm Young & Healthy: Do I Really Need Life Insurance?
Posted: June 7, 2020
I'm Young & Healthy: Do I Really Need Life Insurance?If you’re young and healthy, you may think it’s too early to buy life insurance. The truth is, buying life insurance young can save you money – lots of it. Purchasing a life insurance policy in your 20s or 30s is a smart move, even if you don’t believe you need it yet. Younger Equals Cheaper When It Comes To Life Insurance Buying life insurance...
Should I Offer My Employees Critical Illness Insurance?
Posted: May 28, 2020
Should I Offer My Employees Critical Illness Insurance?Critical illness insurance is designed to compensate policyholders in a lump payment if they are diagnosed with a range of illnesses as listed in the policy. These policies can also be structured to make a series of payments based on the policyholder’s condition and ongoing medical treatments. Also known as catastrophic illness insurance, it covers major health emergencies, such as heart attack, cancer, or stroke....
How Too Much Exercise Can Be Bad For Your Health
Posted: May 25, 2020
How Too Much Exercise Can Be Bad For Your HealthExercise is good for your health – we all know that. But it is possible to exercise too much. In fact, recent studies have found that overdoing it could cause damage to your body and your brain. How Much Is Too Much Exercise? Regular exercise can help you maintain a healthy weight, improve your cardiovascular health, lower your risk for diabetes, and even improve your...
Can My Life Insurance Company Ever Cancel My Policy?
Posted: May 22, 2020
Can My Life Insurance Company Ever Cancel My Policy?If you have purchased whole life insurance, your policy should continue in effect until you die, at which time death benefits are paid to your beneficiaries. If you have purchased term life insurance, it should continue until the expiration date of the policy. Although you can cancel your life insurance policy at any time, the insurance company can only cancel for specific reasons. For example,...
What Are The Minimum & Maximum I Can Contribute To My 401(k) Each Year?
Posted: May 13, 2020
What Are The Minimum & Maximum I Can Contribute To My 401(k) Each Year?There is no minimum amount you are required to contribute to your 401(k). However, there are suggested amounts to help maximize your retirement potential. There is a maximum amount you are allowed to contribute to a 401(k) annually, as established under federal law. What Are the Suggested Amounts for 401(k) Contributions? By the time you reach age 35, some financial experts say you should have...
