Recent Posts:
Does Medicaid or Medicare Pay For Assisted Living?
Even with adequate retirement savings, individuals may find it difficult to pay for assisted living costs and seek solutions from the government. To help you understand your options, we’ll explain the role of medicaid and medicare when paying for assisted living. Plus, get other helpful information on covering these costs.
How Much Does Life Insurance Cost: Term and Whole Rates by Age
If you’re looking for an insurance policy or trying to estimate how much you’ll pay for a lifetime of coverage, check out this guide to
How Much Life Insurance Do I Need?
The primary purpose of life insurance is to act as a safety net, to ensure loved ones have the financial resources to care for themselves
How to Use Life Insurance in Your Retirement Planning
While most people associate life insurance with the death benefit used to provide a financial safety net for loved ones, many policies also offer financial benefits that can be used for retirement planning. To help you get the most value out of your policy, we’ll discuss how you can use life insurance in your retirement planning.
What is Adverse Selection and Why Does It Matter For Life Insurance?
Adverse selection is a concept with a widespread impact on the insurance industry. Learn everything you need to know about adverse selection in this helpful guide.
Financial Advisors: Should You Use a 1035 Exchange to Optimize Life Insurance?
Life insurance is a long-term asset. Over the decades a life insurance policy is in force, your client’s financial situation is likely to evolve. Sometimes, that evolution is so significant that the existing life coverage is no longer a good fit.
What Is An Inforce Illustration and Why You Should Request One?
An inforce illustration is an estimate of how a life insurance policy’s cash value balance will change over time. The illustration can be incredibly useful in your financial planning, because — unfortunately — life insurance policies can go sideways.
Guide to Long-Term Care Riders and Alternatives
A long-term care rider is a life insurance feature that helps pay for ongoing, medically necessary care from a home health aide, skilled nursing facility, or nursing home. Any LTC payouts are treated as prepayments against your life insurance policy’s death benefit.
Guide to Chronic Illness Riders and Alternatives
A chronic illness rider is a feature available on life insurance that funds long-term care costs when you have a permanent or terminal illness. Some chronic illness riders specify the conditions or diseases that are eligible for benefits, but many do not.