You receive a brochure in the mail which says something like, “Don’t hesitate. Set up your funeral costs now!” Or, you see an infomercial on late-night TV regarding final expense cost. You haven’t done anything, feel concerned, and make the phone call. Or, you apply! We at My Family Life Insurance say: STOP! You might be doing yourself a disservice and applying in haste. Yes, there are some burial insurance policies you should avoid. In this article, we discuss what burial insurance is and the 5 types of burial insurance not to buy. [Read more…]
The marijuana industry has changed in the last few years. No longer is the stigma that smoking marijuana is a dirty, criminal activity (although still largely illegal at the federal level). TV shows such as High Profits have attracted record viewers. More importantly, as of this writing, 8 states have legalized both the medical and recreational use of marijuana. Additionally, 21 states have legalized the medical use of marijuana. The life insurance industry has changed as well. If you thought you could not obtain life insurance (or any other type, for that matter) because of your marijuana use, you should be happy to know that you absolutely can. In this article, we will discuss how to obtain life insurance for marijuana users. [Read more…]
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 can have similar results. In this article, we discuss the top 10 life insurance mistakes and how to avoid them.
Below are our top 10 life insurance mistakes, in no particular order. [Read more…]
If you don’t know what the phrase “living benefits” means in the context of life insurance, don’t worry; we didn’t either as it was new to us at one point, too. “Living benefits” are benefits available to you during your life, rather than at death (very obvious 🙂 ). [Read more…]