The common picture of retirement is a free life without financial burdens. Unfortunately, financial worries often continue after retirement, affecting every member of the family. In these circumstances, senior citizens, who are no longer the earning partners of the family, often feel the need to contribute to the expenses of their younger family members. One...
None of us want to be convicted of a driving offense, least of all a DUI. Driving offenses come with many auxiliary costs that can really screw us over in, long term. And they reflect poorly on us as people if we are to blame. For these reasons, DWIs and DUIs are way more costly...
When you apply for an insurance policy, the life insurance company has to go through the process called underwriting. In this process, a trained professional will review your personal, family, and medical history. This review will determine if you will qualify for their life insurance. This will also determine how low the insurance rate will...
Whether you purchased life insurance in your youth or well after getting married and having children, certain life changes can happen that will require you to make adjustments to your policy. It’s recommended that you make the needed changes to either provide more coverage for new assets and people in your life or to downgrade...
As many of us are aware, the cost of attaining higher education has dramatically risen in recent years. As a result, countless students are finding it increasingly difficult to make ends meet. Short of a full academic scholarship, tuition fees need to be paid in a timely fashion. Several options can help to mitigate the...
When is the best time to get life insurance? The answer: yesterday. Seriously, you shouldn’t wait until you’re pushing 40 to apply for insurance, because when it comes to getting insured, younger is better. Why? The older you are, the higher the rate that will be assigned to you, which means you will end up...
As a resident of the state of Washington, have you considered what you should do to protect your assets? Assets can be seized in the case of divorce, auto accidents, vicarious liability, debt, medical bills, or foreclosure. Here are some of the top ways to protect what you have from creditors. Put Your Money in...
Life insurance is quite complex as compared to other insurance policies. This policy has numerous elements that require careful deliberation to be able to choose the right type and coverage duration. However, most people can handle the complexities of life insurance as opposed to deciding why they need the coverage and how much. Here is...
Certain key elements of life insurance should be considered carefully to choose the right type and amount of coverage. However, the technical aspects are often less difficult to deal with for most people than trying to determine whether they need coverage and how much is required. The following are 10 of the most common myths...
As a young business person, you have likely had to work harder than most people to set up your business. With this in mind, it would make sense to not let this hard work go to waste in the event of your untimely death or critical illness. Here are a couple of business-related insurance policies...