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Give the Gift of Life Insurance this Holiday Season

Give the Gift of Life Insurance this Holiday Season

The holidays are coming, and you may be wondering what to give your children or grandchildren. Life insurance can be the ideal gift. When purchased for a younger person, the cost of premiums is far lower. Whole Life insurance has the benefit of being an asset that can be borrowed against, provide tax benefits, and financial security. Buying an Insurance Policy for a Child Purchasing...

How to Choose the Right Medicare Supplement Plans

How to Choose the Right Medicare Supplement Plans

Medicare supplement plans come in various shapes and sizes – and there is no “one size fits all” plan. These plans help with the out-of-pocket costs not covered by Original Medicare such as copays, coinsurance, and deductibles. Choosing the right plan requires looking at your budget and what plan would work best for your needs, based on the types of coverage and the cost. Types...

The Sooner You Take These End-of-Life Considerations into Account, the Better

The Sooner You Take These End-of-Life Considerations into Account, the Better

No one really wants to prepare for their own death. But planning for your estate is an important aspect of your financial strategy. The sooner you have the basic documents in order, the better for your family’s financial future. The following are basic estate planning documents you may want to include in your package. Will Your Will dictates who will receive your assets when you...

Steps to Take After a Lung Cancer Diagnosis

Steps to Take After a Lung Cancer Diagnosis

November is Lung Cancer Awareness Month. Lung cancer is a leading cause of death in the U.S., second only to heart disease.  If you have received a lung cancer diagnosis, you may be experiencing a range of emotions and feeling more than a little overwhelmed. You might be worried about the cost of treatment, side effects, and survival.  It may help to give yourself some...

Employer-Provided Life Insurance: What You Need to Know

Employer-Provided Life Insurance: What You Need to Know

Life insurance is a popular feature of employee benefits packages. Many employers provide basic group life free of charge to their employees. More Americans have workplace plans than individual life insurance plans, as reported in a NerdWallet article.  If your employer offers free or low-cost basic group life, there is no reason not to accept it. Enrollment is automatic in some cases. Although it is a...