Calculating How Much Term Life Insurance Will Cost

A young Asian couple going over their assets and debts while calculating how much life insurance will cost. They are seated at a desk with a laptop, calculator, and documents.COVID has largely been a contributing factor in individuals’ decisions to purchase life insurance, yet these policies remain a foreign concept to a lot of citizens who don’t believe they have the funds available to invest. It’s a policy that provides peace of mind for yourself and your loved ones, but if you’re unfamiliar with life insurance, you’re likely questioning how much you need and how much you should pay. Fortunately, we’re here to help you understand the keys to calculating how much term life insurance will cost. [Read more…]

Choosing the Right Beneficiary for Your Life Insurance Policy

A senior woman signing a live insurance policy after choosing the right beneficiary for her life insuranceLife insurance is critical when it comes to securing the welfare of your family, especially now in the midst of a global pandemic and financial instability. However, as important as it is to have life insurance, it’s equally important to choose the right beneficiary. You want to ensure it’s someone trustworthy and will use the funds the way you’d want them to. However, sometimes it can be difficult to go through all the loved ones in your life and single out just a few options, but it’s essential to take great care when choosing the right beneficiary for your life insurance. [Read more…]