Have you ever looked at so many numbers and figures, not knowing what they mean, that your eyeballs roll up into your head? You become even more confused than when you started, right? That’s how we at My Family Life Insurance feel when we see life insurance calculators on other websites. Don’t misunderstand us; calculators are needed. And, we aren’t bashing the other websites. What better way to determine your life insurance needs than by plugging in a few different variables into a simple life insurance calculator? Well, there is a problem with the average life insurance calculator found on most websites. Read on to understand more and our opinion. [Read more…]
You may have friends with children or are aware that a married couple should have some level (a good level) of life insurance in case of premature death. However, as a single person, you may wonder if you need life insurance. You aren’t married and have no children, so really what is the need? No one relies on your income, right? In this article, we discuss the reasons why a single person needs life insurance. [Read more…]
You did the right thing. You purchased a final expense insurance policy to take care of your burial expenses and leave some money to your spouse or surviving heirs upon your death. And, you feel good about the decision. It is a good one: you don’t want them to worry about paying for a funeral while grieving. Of course, you want to leave a legacy for your family as well. [Read more…]
You did a nice thing for your son or daughter. You cosigned a student loan. Or, maybe you helped out your brother or sister, cosigning an auto loan. You feel good about helping a friend or loved one, and you go on your way. You don’t think much about what you did. [Read more…]
Here is a quick quiz. What is the top reason people enter bankruptcy?
- credit card debt
- hospital and medical bills
- student loan debt
- other debt, such as housing, auto, etc.