Many parents and grandparents purchase life insurance on their children or
grandchildren. Usually, the life insurance is a whole life insurance policy. Did you know that indexed universal life insurance is a great option for children?
John, I heard these have too many moving parts and a waste of money, you say.
Well, yes and no. We have discussed some of the disadvantages of indexed universal life. Additionally, we will dive into some of the details of indexed universal life insurance.
But, indexed universal life insurance might be a solid investment for children and grandchildren.
In this article, I am going to tell you about a term life insurance plan that works well for Medicaid recipients.
If you are an employee of a company, you likely have employer-sponsored (i.e. group) insurance benefits. One of the most common benefits offered to employees is group term life insurance. Many people sign up for this benefit and then forget about it. They think they are all set, or their group plan will always be there for them. However, you might be doing a disservice to yourself and your family if you think this way. In this article, we compare group vs. individual life insurance and explain 5 key differences.
Did you know you can obtain term life insurance on your children or grandchildren?
the case in getting term life insurance with instant approval nowadays.