One of the questions I get asked quite a bit is – can you buy life insurance on your parents? I get this question for a variety of reasons but the number one reason is that the parents don’t own any life insurance. In this article, I’m going to talk about the in’s and out’s […]
Is Hospital Indemnity Insurance Worth It?
Hospital indemnity plans have been available privately and at work through companies like AFLAC, Allstate and MetLife for a long time. However, with the higher deductibles brought on by the Affordable Care Act, these plans are more likely to be offered at work during your core benefits enrollment alongside critical illness and accident plans. Because […]
Does Life Insurance Pay for Suicidal Death?
In this article, I wanted to answer a common question I get. That question is does life insurance pay for suicidal death? Whether it will pay for suicide or not will primarily depends on four things. Those four things are: What kind of life insurance is it? Where do you live (or live when you […]
19 Ways to Save Money on Life Insurance Premiums
In this article, I’m going to share with you some tips you can use if you want to know how to save money on life insurance premiums. Many of these things are simple strategies while others will require a change in habits. OK. let’s get started with my list. 1. Buy life insurance sooner rather […]
3 Reasons You Should Add a Children’s Term Rider
Over the years, one of my favorite types of life insurance riders has been the children’s term rider. The children’s term rider is an often overlooked because a lot of agents haven’t sat down and figured out how to use it properly. In this article, I’m going to list my three reasons to add the […]
How to Reconcile an Employee Benefits List Bill
If you are new to doing payroll for an employer group that offers any voluntary benefits, you’ll soon discover that you’ll need to send in the premiums you’ve been collecting from the employee’s paychecks for those benefits. It’s a common practice for the insurance companies that offer these voluntary benefits to send a list bill […]