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Updated: April 12, 2024 at 9:39 am
You probably didn’t know that you can make mistakes on your life insurance beneficiary designation, did you?
And if you do, and you pass away, your beneficiary mistake could have severe consequences.
Many people (and some agents) will tell you to not worry; just put anyone as your beneficiary.
But that is wrong. Doing so will potentially destroy the advantages of life insurance. Moreover, it could create chaos with your surviving loved ones.
You don’t want that to happen, do you?
Updated: April 12, 2024 at 9:39 am
You understand that you need life insurance. However, you don’t have a social
security number. Maybe you’ve applied elsewhere, and the carrier declines your application because you don’t have a social security number. You are concerned about your family and loved ones if something were to happen to you. You know you need life insurance. However, you need the right documentation. Is that holding you back? Luckily, we have options. In this article, we discuss life insurance for people without a social security number.
Updated: April 12, 2024 at 9:39 am
We know the feeling…you need life insurance, but the thought of going through an insurance agent is worse than getting a tooth pulled. Or, it is worse than a migraine. (Hey, that is what one person told us!) We at My Family Life Insurance understand. You can purchase term life insurance on your own. Even in your bunny slippers while drinking coffee. We call it DIY term life insurance.
Updated: April 12, 2024 at 9:40 am
Chances are, if you are reading this article, some agent presented the virtues of whole life insurance to you. Or, maybe you purchased a whole life policy and having second thoughts. Truthfully, whole life insurance isn’t bad. Really, it’s not. However, it definitely isn’t for everyone. Moreover, for most people, it’s a bad deal. In this article, we discuss the 3 reasons why whole life insurance is a bad idea to buy. If an agent is telling you that you need whole life insurance without a concrete reason, run, don’t walk, away.
Updated: April 12, 2024 at 9:40 am
Insurance policies for newlyweds? “Ha!”, you think. “Do you know what we have been doing?”, you ask.
No doubt this is a busy time for you. You went from cake-tasting and registry selection to writing thank-you notes and getting adjusted to married life. We at My Family Life Insurance say congratulations! Enjoy this time in your life. Have fun together. You are forming one life; enjoy it. Can you imagine your life without the other? No. We know you can’t. Once your life settles down a bit, a serious discussion needs to be had. Yes, about insurance.
In this article, we discuss the two most important insurance policies for newlyweds. Continue reading The 2 Most Important Insurance Policies For Newlyweds | I Bet You Don’t Have Enough Of These