The main purpose of life insurance is to provide cash to your family after you die. The money your dependents will receive (the “death benefit”) is an important financial resource. It can help pay the mortgage, run the household, end ensure that your dependents aren’t burdened with debt. The proceeds from a life insurance policy could mean that they won’t have to sell assets to pay outstanding bills or taxes. Learn more here about the benefits or life insurance and how to navigate the insurance maze.
Today on the Clark Howard Show
Hi Folks: Today on the Clark Howard Show, I'll be talking about whether a WSB listener should upgrade his whole life policy or go with another option...
Real Estate Minute: Bypass Life Insurance Annuities
Real Estate Minute with Ilyce Glink Bypass Annuities Original Air Date: July 12, 2006
Finding Which Insurance Is Right For You
There are many types of insurance available: homeowner's or renter's insurance, auto insurance and health insurance, life insurance (term or some version of whole life), long-term care insurance, disability insurance, business insurance, and excess liability coverage, also known as umbrella insurance. These days, it seems as though there is an insurance policy for every sort of situation a consumer might face. Which insurance is right for you?
Ilyce Glink on WSB Radio – September 11, 2005
Ilyce starts the show with a discussion about the 9/11 anniversary and the aftermath of Katrina. Ilyce then takes calls on topics from comparing variable universal life and term life insurance to flood insurance not being included with many homeowner insurance policies.
Life Insurance FAQs
We answer frequently asked questions about life insurance.
Life Insurance Provides Cash After Death
Why should you buy life insurance? If you have a family or people who depend on you, life insurance can protect them if you die. Life insurance provides cash to beneficiaries you designate to help them with daily expenses and large bills such as mortgages.
How Much And What Kind Of Life Insurance Should I Buy?
You know you need it, but how much life insurance you should buy is still a mystery.
Insurance Company Can Use Policy Money To Pay Premium
When you buy life insurance you have to pay monthly premiums to keep the policy active. If you worry about being able to make premiums you can add riders to your policy that will cover the insurance premiums if you become disabled. In addition some insurance policies will take the premiums out of the policy's cash value if you cannot make the payments.
Life Insurance Agent Asks Questions To Assess Risk
When you're applying for life insurance you'll likely speak with an insurance agent who will ask you questions to assess your risk. After the life insurance agent has assessed your risk, he or she will provide you with a dollar amount for your life insurance premium. The life insurance premium is the amount you'll spend every month to ensure you have life insurance coverage.
Life Insurance For Long Term Called Permanent
Life insurance comes in a variety of forms. Permanent insurance is a type of life insurance that's also known as whole, universal or ordinary life insurance. Unlike term life insurance, permanent life insurance has a cash value and some people treat it as an investment. Permanent insurance is best for people who want to keep it long term.