May 27, 2020

What is an Annuity and How Does it Work?

Worried about running out of money in retirement? You're not the only one. A 2019 survey from Aegon and Transamerica Center for Retirement Studies indicates that 40% of people globally are worried about outliving their savings. ...
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May 20, 2020

Senior Resources Guide For Coronavirus

In the wake of the coronavirus pandemic, many seniors are left with questions about the status of services and how to stay connected with loved ones. To help, we’ve compiled this comprehensive resource guide for seniors that covers essential coronavirus questions along with several resources to he...
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May 19, 2020

What is a Health Care Proxy?

Your vision for your senior years might involve sunny mornings on the golf course, bridge parties with friends, and relaxing walks through nature. And while you should seek out those carefree activities, recent economic events remind us that it's important to keep an eye on the practical matters, to...
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May 14, 2020

What Is a Life Insurance Beneficiary?

You could argue that life insurance means nothing without the beneficiary. Sure, it's the policyowner who initiates the coverage and pays the premiums. But assuming that the insured doesn't let the insurance lapse or sell it in a life settlement, the beneficiary is the one who ultimately benefits fr...
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May 11, 2020

What is Permanent Life Insurance?

As the name implies, permanent life insurance covers you for a lifetime. As long as you continue paying the premiums, the insurer cannot cancel your policy. In addition to paying a death benefit, permanent life insurance policies also include a savings component through which your policy can build c...
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May 4, 2020

What is a Return of Premium Life Insurance Policy?

A Return of Premium (ROP) life insurance policy guarantees a full or partial refund of the premiums you pay if you outlive the stated term of the policy. This feature is typically added as a rider to a traditional term life policy that has a 20- or 30- year term. Some ROP policies return only the ba...
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April 30, 2020

The Best Retirement Blogs in 2020

It’s never too early or too late to plan for retirement. Whether you are planning or saving for retirement or are already retired and looking for more lifestyle tips and advice, Harbor Life Settlement has pulled together a list of retirement blogs that will help you in 2020....
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April 30, 2020

Best Retirement Communities of 2020

The best retirement communities generally deliver on climate, proximity to healthcare, affordability, social activities, and retirement center amenities. They can range from cozy, close-knit neighborhoods, to sprawling city-like meccas where you never have to wander outside the gates. You can also f...
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