Life insurance proceeds generally don’t pass through probate as they are distributed directly to their designated beneficiary who considers it theirs. But in instances in which a policy beneficiary has died or been lost to us, does that alter how our life insurance payout is distributed? What is Probate? Probate is the legal process wherein […]
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You may have seen Standard & Poor’s (S&P), or read about financial products such as insurance in the local newspaper. It is crucial for consumers to know the company and its rating system in order to make informed financial decisions. Financial professionals highly value S&P’s business intelligence, which is the result of extensive data-driven research. Understanding Standard […]
You may be unable to find homeowners insurance in an area that is prone to fire. Consider looking at surplus line carriers, private carriers or the state’s plan. It can be difficult to find homeowners insurance in areas where there are frequent fires. In West Coast fire-prone areas, some insurers have stopped renewing or cancelling policies. It […]
Are you looking for a retirement plan or a new investment? First, you need to understand that a 7702 plan doesn’t really fall under this category. A tax-advantaged policy for life insurance is the 7702. Although some types of life insurance can be used to invest or retire, the primary purpose of life insurance should be to protect […]
If you are unable to pay your bills, purchasing life insurance can be a great way of providing financial protection for your loved ones. Term life insurance is a cost-effective option that provides coverage for a limited time. Every person’s financial situation and life insurance needs are different. Therefore, the coverage required will vary. Buying term life […]
Graduate students might experience financial stress, regardless of whether they work part-time or full-time. Although you have faith that the hard work you put in now will pay off when you receive your degree, money can be tight. Life insurance for graduate students is often a low priority. Although you might not need life insurance as a […]
If you’re an adult with a house, a spouse, kids, or any financial liabilities, and you should consider buying a life insurance policy. You won’t need to worry about what financial burden your loved ones will inherit if you die suddenly. Here at The Simple Dollar, we’re a big fan of term life insurance since it’s affordable to purchase and […]
Florida-based WellCare focuses its efforts on government-sponsored insurance plans, including Medicare and Medicaid. They have many subsidiaries across the country. The WellCare Medicare review will examine the coverage and plans. To help you choose the right plan for you, we’ll also review WellCare Medicare quotes. Compare quotes before you make a decision about whether you want to purchase WellCare […]
You can get cheap Georgia car insurance for teenagers, whether you’re the dad or mom of a teenage driver who is eager to get their car on its way. First, a brief story… Bobby used to come home every day after school and wash his car in our driveway. Bobby treated his little red Corvette like he […]
As a life insurance salesperson, you must possess exceptional interpersonal and communication skills as well as an in-depth knowledge of both your clients and their families. Establish the appropriate type of life insurance for your client is vitally important, particularly with whole life policies that contain cash value features. 1. Determine the Value of Your […]