Tag: life insurance

International Monetary Fund warns of rising life insurance rates

Logan B.
Life insurance rates - Breaking News

The IMF cautioned that if a sharp bond yield rise occurs, then insurers may be forced to liquidate investments. Life insurance rates are on the cusp of a huge spike if there is a sudden rise in bond yields, leading to an extreme circumstance that could lead insurers to liquidate as much as $1 trillion in investments in the United States and Europe, according to a warning from the International Monetary Fund (IMF). The IMF released this caution in its Global Financial Stability Report. According to the IMF in the…

Read More

Life Insurance and Alcohol: What You Need to Know

Guest Author

If you have had issues with alcohol that are on record with either your health, driving or legal records, your insurance rates and options may be affected. Questions on your life insurance question specifically cover alcohol use because alcohol abuse can cause health issues. What should you know about the relationship that exists between life insurance and alcohol? Today, take some time to get a better understanding of this issue. How Could Alcohol Affect Your Life Insurance? Whether or not you have been diagnosed with alcoholism or specific alcohol-related medical…

Read More

Michigan Senate adopts Life Insurance Awareness Month resolution

Nordstrom
Life Insurance Awareness Month - Michigan Flag

Sponsored by Senator Lana Theis, it recognizes September as a time to learn about the benefits. The Michigan state senate has adopted a Life Insurance Awareness Month resolution sponsored by Senator Lana Theis. The resolution recognizes September as the time for state residents to learn about policies. Michigan’s Senate recognized September as Life Insurance Awareness Month, a time in which residents are encouraged to learn about these policies, their premiums, and the way in which their families may benefit in case the worst should happen. The goal is to help…

Read More

Getting Life Insurance for Your Family’s Sake

Guest Author

There are all kinds of insurance you can get. Generally, there are no laws stipulating that you get any of them. There are a few exceptions, such as minimal insurance policies you require to drive a car in some states, along with your driver’s license and registration. Because you don’t have a legal requirement to get most insurance types, you can try to get along without them. However, doing so can prove to be disastrous very quickly. For instance, you can injure yourself, and if you don’t have health insurance,…

Read More

3 Large Life Purchases That Require Forethought

Guest Author

Even the things in life that are assumed still require some forethought. Often thinking ahead is something that can also enrich your overall experience since you have given yourself and anyone else involved time to weigh pros and cons, and also save money if needed. Acting on impulse can be exciting sometimes but for some of life’s larger events you might have regret if you simply act on adrenaline. Like anything, finding a balance between impulse and planning is going to yield results that suit your bigger picture as well…

Read More

Strategic Wealth Management is an Insurance Policy for Old Age

Guest Author

With more people living longer and healthier than ever before, it is highly recommended that you have a clear financial plan for your retirement years. Worldwide there are 901 million people over the age of 60, and most of these people will live healthy lives. The odds, and the natural cycle of life, mean that you too will join this age group at some point and thus should be prepared. It is the underlying premise of all insurance and perhaps the most pressing pre-planning that many will need to do.…

Read More

How to Choose the Right Life Insurance Type for You

Guest Author

There are many types of life insurance out there, but it is not as difficult as you might think. You can choose from whole life and term life, and the different variations on those. Term is often good for a set amount of time, and it then expires. But whole life goes for your entire life, as long as you keep making the payments. There are benefits and drawbacks of each one. Adding to Your Coverage Term life insurance is a relatively new kind of insurance available. You may wonder…

Read More