COVID-19 Pandemic
To our clients, agents, and friends: This is a critical moment in the world. With the situation evolving quickly, we must all do our part to help slow the spread of COVID-19. As of last week, we have taken the next steps to protect the health and safety of our team and community. We have […]
Pandemic, Seniors and Retirement: Protecting Yourself Physically and Fiscally
One thing we know from the coronavirus pandemic data is that older Americans (60+), males, and those with pre-existing conditions are most likely to succumb to COVID-19. The underlying factors include cancer, diabetes, GI/Liver disease, heart disease, hypertension, immunodeficiency, kidney disease, lung disease, and asthma. [1] As a senior, you should take precautions to protect […]
What is a Life Insurance Policy Appraisal?
Do you know how much upfront cash your life insurance policy could be worth? Selling your life insurance policy could be worth more than what you would receive if you canceled or surrendered your policy to the insurer. If you’re 75 years old or older, your life insurance policy may be worth more than you think. A […]
Trends in Alternative Retirement Strategies
Any time you develop a plan that dramatically affects your life, whether its health, financial, career-related or otherwise, a well-thought-out and customized plan is often the key to success. This is certainly true when it comes to mapping out your retirement. There are dozens of types of financial products available – which translates into hundreds of options […]
Effects of a Global Pandemic on Lifespan and Retirement Goals
The global pandemic has brought uncertainty to the world in many ways. From health concerns and unemployment to economic challenges, COVID-19 has changed the way we live. The effects have also brought changes, both positive and negative, to lifespan expectations and retirement goals. It’s exposed both the strengths and weaknesses of our retirement systems. LifeGuide […]
Cancer Creates Financial Stress, or Toxicity
Financial toxicity is a growing concern for people who have been diagnosed with cancer and the fiscal reality of paying for treatment. With the addition of targeted therapies and immunotherapy, the cost of cancer regimens has skyrocketed, often exceeding more than $100,000 each year for some patients. (1) Beyond direct care costs, there are other […]
Testing Positive for COVID-19 Might Affect Your Life Insurance Value?
The COVID-19 pandemic has had significant impacts across most of society, and the life insurance industry is no exception. The most immediate effect has been increased cost and difficulty in arranging coverage, particularly after testing the virus positively. But there are consequences for existing policyholders too, especially when it comes to cashing in a policy […]
Which of the Following is Not True of Life Settlements?
A life settlement can be a highly effective way of accessing the value stored in your life insurance policy. But as with any kind of financial service, the details can be more complicated than they appear on the surface. It’s important to know exactly what you’re getting into before committing to selling your policy. Here […]
