Category Archives: Finance Guide

When to Drop Collision Coverage on an Older Vehicle

You have the option to purchase collision coverage when you buy car insurance. Collision coverage is unique in that it covers your car and only your vehicle in the event of an accident. Liability insurance covers damage to another driver’s vehicle if you are responsible. This type of coverage is mandatory. Collision coverage is a great way to […]

Do You Pay Taxes On Life Insurance Benefits?

When you die, your life insurance policies will pay out benefits to your loved ones. But are those benefits taxable? The short answer is that most life insurance benefits are taxable, but there are some exclusions. In this blog post, we will explore those exclusions and help you decide if paying taxes on life insurance […]

Do Life Insurance Companies Check Medical Records After Death?

Do Life Insurance Companies Check Medical Records After Death? When you die, your loved ones may need to go through your medical records to make sure you are eligible for life insurance. But what if you don’t have any medical records? What if you never even had a doctor? Do life insurance companies still check […]

Will I Get Penalized For Not Having Health Insurance?

Will I Get Penalized For Not Having Health Insurance? Healthcare is one of the most important aspects of our lives, and it’s no wonder that so many people are scrambling to secure coverage before the Affordable Care Act (ACA) goes into effect next month. But even if you have health insurance, is it a good […]