Tag: Life Insurance

Annuity Versus Life Insurance: Which Is Better To Save For Retirement?

Updated: April 12, 2024 at 9:40 am

answers for annuity versus life insuranceRecently, we have had several clients approach us if they should purchase an annuity or life insurance policy as it relates to saving money. Both can offer conservative value growth with really no loss of principal. If you want to save for retirement, or just for emergency savings, the decision to purchase an annuity versus life insurance policy depends on the answer to one question. We will get to that question in a minute.

In this article, we will discuss the characteristics of an annuity versus life insurance policy. The life insurance we will specifically talk about is cash value life insurance. It is permanent life insurance, like whole life or a universal life insurance policy.

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Yes, Marijuana Users Can Obtain Life Insurance | Easily Attainable, Too

Updated: April 12, 2024 at 9:40 am

Years ago, marijuana users couldn’t obtain life insurance. No way!

However, the marijuana industry has changed in the last several years. No longer is the stigma that smoking marijuana is a dirty, criminal activity (although use is still illegal at the federal level). TV shows such as High Profits attracted record viewers. More importantly, as of this writing, many states have legalized both the medical and recreational use of marijuana.

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The Top 10 Life Insurance Mistakes

Updated: April 12, 2024 at 9:40 am

Crumpled up paper next to blank page and hand with pencil.We all make mistakes. Mistakes give us a chance to learn and grow. In many cases, making a mistake is harmless.

However, I’m sure you will agree, there are situations where making a mistake could be harder to recover and have negative, long-term effects. Making a mistake with life insurance falls in this category and can have similar results.

In this article, we discuss the top 10 life insurance mistakes and how to avoid them. Continue reading The Top 10 Life Insurance Mistakes

No Social Security Number? No Problem! How To Purchase Life Insurance Without A Social Security Number

Updated: April 12, 2024 at 9:40 am

A closeup of US Social Security cards.

If you don’t have a social security number, you probably think you can’t get life insurance.

Unfortunately, many carriers and agents say you need to have a social security number to qualify.

However, you can obtain life insurance if you don’t have a social security number.

It’s true.

Continue reading No Social Security Number? No Problem! How To Purchase Life Insurance Without A Social Security Number