There are many reasons one should own life insurance for seniors. They can range from simply wanting to pay for your own funeral expense to wishing to leave a lasting financial legacy for your family. Life insurance policies are insurance for your family, not for you. The benefit can be used however your family sees fit, they will generally use it to pay for your final expenses, debts that you may have incurred and then, finally, to fulfill any...more
The longer you live, the greater the chances you'll need some form of long-term care. If you're concerned about protecting your assets and maintaining your financial independence in your later years, long-term care insurance (LTCI) may be for you.Who needs it?Approximately 40 percent of Americans age 65 or older will need long-term care at some point during their lives. (Source: The National Clearinghouse for Long-Term Care Information, 2008.)...more
Fifty Plus Life Insurance Options Lots of us start evaluating our financial lives as we pass 50. We start to realize that retirement is just around the corner, and that there will no better time to make sure that we have made solid plans for the future.One common financial product that many of us lack is pretty surprising. We hit our 50th, 55th, or even 60th birthday without enough life insurance. How does this happen? Most of us used to have a policy, but we lost it over the years. It may have been a term policy that expired or got dropped. It may have been group insurance from a job that we left. Or maybe a job loss caused us to drop coverage because of other important bills that needed to get paid. Some people are concerned abut finding low cost life insurance policies after age 50. I do have some good news on that subject. Americans are living longer. Because of this, rates are dropping. You can find lower rates than you could 10 years ago. The majority of middle aged people should have no trouble finding a policy. What type of policy should you buy when you are over 50?You can find over 50 term life policies. While you may not find 30 year terms, it is possible to find...more
Insurance: consider your options carefully Choosing the insurance policy best-suited to one's needs and requirements is a difficult task. According to the Insurance Regulatory and Development Authority (IRDA), the life insurance sector in India has grown tremendously since the entry of private life insurers. The market has also seen a lot of...more
8 Basic Tips About Getting A Good Life Insurance Policy For those with a large family, it can be disheartening after you die. A family that was living a decent life may have to fight hard to survive especially if you were the bread earner of the family. You never know when you might die, so it becomes important to have a life insurance...more
Few Tips About Getting Affordable Life Insurance People are always looking for affordable life insurance which they can easily pay for. The policy should pay for all their expenses and sometimes it's not easy to find one. You get a policy that you can afford depending on your income because it may be too expensive for another. This has made most people remain without insurance coverage which is not good for any one.Here are some steps to help you understand terms used in insurance policies and enable you to purchase affordable life insurance cover to protect you:* There are many insurance plans for you to choose from and you must understand each of them for you to know which will suit you best. People require different life insurance policies and what suits one person may not be good for another. This will ensure that you get the best and keep yourself protected throughout your life.* The life insurance that you decide to buy makes sure that it is adjustable. This ensures that you can adjust and also change term, premiums and other benefits. This is the best way you can get life assurance which you can still maintain even if you lose your job. Flexibility is the best thing...more
Work Life Balance. What it Is And How To Find The Perfect Balance Balancing work and life these days is a major goal for all of us as the line between the office and the home becomes increasingly blurred and the pace of our society...more
Important Tips When Planning for Long Term Care Insurance The need for long term care happens to anyone, no matter how hard you convince yourself it won't happen to you some time in the future. You can't predict all the unlikely life events...more
Buying Long Term Care Insurance Makes a Difference It is quite baffling why most people give priority to material things like their cars and all caprices in the world than their health. Some people would even pay hefty insurance for Chevy and...more
Subliminals And Affirmations To Change Your Life Subliminals and affirmations are extremely effective tools in your success arsenal. As you use subliminals and affirmations in effective ways, you will yourself achieving much greater levels of...more
How your family medical history can affect your life insurance premium Many factors can affect the rate you pay for life insurance, from your age and physical wellbeing to your medical history. But you may not be aware that the medical history...more
Understand Life Insurance Before You Buy A Policy If you really want to do a good job of purchasing a life insurance policy, it can be a pretty daunting task. You need to shop and compare, and you also need to learn about all the different...more