Sometimes older people transfer their homes, in full or in part, to their children as gifts, for tax purposes or in preparation for becoming eligible for some state-funded health care programs. While your accountant or financial adviser might have solid reasons for recommending you do this, he or she may be unaware of the insurance implications. (more…)

Insurance can be one of your greatest costs, so it pays to evaluate it annually. But you’ll definitely want to ensure that policy terms and regulations, as well as your own needs, haven’t changed. Are you on the best plans possible at the least possible insurance cost? Be sure that each insurance company you use still is highly rated. Are beneficiaries correct? (more…)

During the 1980s, there was a term price war and every year companies offered lower priced products. Insurance agents would sell company A’s policy one year; the next year they’d come back to the same client offering Company B’s policy at better rates. Agents encouraged this churning because they received a new first year commission every time they sold a new policy. (more…)

Life insurance policies and rates are changing each and every month. Because of the recession many major insurance companies have started competing for more customers. This puts the average consumer at a greater advantage to enjoy cheaper payments for life-insurance coverage.

Free search technology is now available on the Internet that will allow any consumer who (more…)

When you decide it’s time to buy life insurance, take some time to get good information about policies, rates and companies. This is, after all, one of the most important financial decisions you’ll make. How, you might be asking, can someone find the best information about life insurance without that search becoming a full-time job? Here are some tips for getting the best information before you choose a life insurance policy. (more…)

The many uses of life insurance today extend far beyond the original concept of a death benefit. Certainly death benefits continue to play a major role in life insurance sales presentations and purchase decisions, and that will always be true.

It is worth pointing out that many transactions that may add to family finances and security may be backed up by life insurance. (more…)