Young, Single and Dependent Free: Who Needs Life Insurance?
I was recently quoted on this subject in an article written by a reporter from the Copley News Service. In her article, she correctly pointed out that our philosophy at the LIFE Foundation is that if someone will suffer financially at your death, you need life insurance. So if you’re young, single and healthy, life insurance is something that really doesn’t apply to you, right? Not necessarily. (more…)Three Little Words
"Waiver of Premium". Say what??
The insurance industry is famous for confusing jargon despite the fact that most states require policies to be written in language an eighth grader can understand. The unfortunate result is that many people's eyes will glaze over when they’re reviewing a policy and they’ll often miss an important point or feature – or worse, fail to buy insurance they need because they’re too confused. One good example is "Waiver of Premium".
(more…)Who Do You Buy From?
My wife's niece and her new husband recently asked me to whom they should talk about their insurance needs. Since they live a continent away, it only made sense to direct them to someone close at hand. But who and how to find them? After a lot of thought, I offered the following advice which I pass along for whatever value it may have: (more…)Bada Bing!
The LIFE Foundation recently conducted a survey of over 1,000 Americans to find out which of the following 5 TV Dads they think needs the greatest amount of life insurance coverage:• Mike Brady (Brady Bunch)
• Cliff Huxtable (The Cosby Show)
• Ray Romano (Everybody Loves Raymond)
• Homer Simpson (The Simpsons)
• Tony Soprano (The Sopranos)