The Complete Guide to Life Insurance

Term Life Comparison

Single or married, young or old, many of us should have some sort of life insurance. But wading through the sea of information on life insurance can be confusing and complicated. This guide will help you decide whether to get life insurance, figure out which type will best meet your needs, and shop around for […]

Published or Updated: October 29, 2013

The Pros and Cons of Whole Life Insurance

Whole Life Insurance

Whole life insurance policies are a lot like Rodney Dangerfield, they get no respect. Spend five minutes researching term life vs. whole life and you’ll quickly learn that everybody except life insurance salesmen recommend term life. The reason for this is simple–term life insurance is almost always the better option. But like most financial choices […]

Published or Updated: January 1, 2013

7 Ways to Lower Your Life Insurance Premiums

Life Insurance Quote $1M

Life insurance is one of those necessary evils in our lives. Much like all insurance products, many of us need it, but we want to pay as little as possible. It’s also a great example of what I call “painless ways to save money.” If you can lower your life insurance premiums, it gives you […]

Published or Updated: October 7, 2012

Should You Consider Permanent Life Insurance?

My wife and I both have life insurance. First purchased when we adopted our children seventeen years ago, we have 20-year term policies. As hard as it is for me to believe, our policies are just a few short years away from lapsing. And that’s caused me to ask whether we would have been better […]

Published or Updated: July 16, 2012

Why Term Life Insurance is the Smart Life Insurance

Stopwatch

When making financial decisions, we like to stress that circumstances matter.  Your wants and needs make a decision good for you, even though it might not be the best choice for me.  This is less true, though, in deciding whether to purchase term or whole life insurance. Term life insurance is almost always the better […]

Published or Updated: March 20, 2013

Shouldn’t Life Insurance Companies All Be Bankrupt?

Monopoly

Life insurance. To buy or not to buy? Although this is a major question in the minds of many consumers, what we’re interested in here is how the insurance companies make money and just where our money is going if we buy a policy. Before we examine that question, however, let’s do a little refresher […]

Published or Updated: April 3, 2013

How Much Life Insurance Do You Really Need?

When my wife and I first had children, one of the big questions I asked was a familiar one: How much life insurance do I need? While nobody likes to think of their own demise, it’s prudent to consider what financial ramifications your death could have on those you leave behind. It gives me tremendous […]

Published or Updated: April 3, 2014