Understanding Waivers Of Premium
Posted: October 22, 2019
If you are purchasing a life insurance policy, one of the decisions you will need to make is whether to add a waiver of premium rider. A waiver of premium may be a valuable addition to your policy, depending on your needs. Our experienced agent will be happy to advise you on the various optional riders available, including waivers of premium. What Is A Waiver...
What Happens To My Savings Accounts If My Company Closes?
Posted: October 13, 2019
Many employers today offer health savings accounts (HSAs), flexible spending accounts (FSAs), and 401(k) retirement savings accounts as part of their company group benefits. These types of savings accounts are a valuable part of an overall compensation package that employers use to attract and retain top talent. But the world business is uncertain, and companies may go under. What happens to your savings accounts if...
Will Quitting Smoking Lower My Life Insurance Premiums?
Posted: October 7, 2019
There are many reasons to quit smoking, and reducing the cost of life insurance is one of them. When you kick the habit, you save money not only on the cost of cigarettes and healthcare, but on life insurance premiums as well. If you are ready to quit, talk to our friendly agent about how and when it will get you better life insurance rates....
How Many Life Insurance Policies Do I Need?
Posted: September 22, 2019
Financial planning is not always cut and dried. Changes are likely to occur in a person’s life, and financial needs and goals shift along with them. Life insurance is part of the financial picture for a good portion of our lives. It may increase as our responsibilities increase and decrease as we accumulate more assets. There may be times when it suits a person’s needs...
HSA Vs. FSA: Which Is Better?
Posted: September 13, 2019
Health Savings Accounts (HSAs) and flexible spending accounts (FSAs) are group benefits offered to employees that are similar in some ways. Both are accounts that allow you to make tax-free contributions to save for medical costs. However, there are several key differences between HSAs and FSAs. What Is An HSA? An HSA is a health savings account with tax advantages, used in combination with a...