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 saving money
- The Consequences of Canceling A Life Insurance Policy
- Date posted: February 28th, 2011 1:01 AM
- In a down economy where jobs are scarce and pennies are being pinched, some people favor canceling their life insurance policy in order to put that money towards immediate expenses.
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- Category: Homepage 3, Life Insurance, Videos
- Tags: affordability, bad economy, canceling, consequences, expenses, expert advice, group coverage, Hartford Life, lapse, life insurance, long-term consequences, minimum coverage, policy, premiums, recession, saving money, short-term benefits, simplify
- Law allows life insurance to cover long-term care
- Date posted: December 20th, 2010 12:12 PM
- New York residents will now be able to use some of their life insurance policy to cover long-term care expenses, according to a press release.
"By passing this law, we no longer burden taxpayers with the long-term care expenses needed by the growing senior population and we've given thousands of seniors a creative and costsaving way to cover their care," said state senator Jeff Klein.Full Story »
- Category: Industry News, Life Insurance, Videos
- Tags: accelerated death benefits, costs, disabled, elderly, law, legislation, legislature, life insurance, long-term care insurance, medicaid, New York, New York Life, saving money, taxpayers
- Term Life Insurance: The modern, low cost life insurance option
- Date posted: August 26th, 2010 4:04 PM
- It’s no secret that times are tough and money is tight. Fortunately, term life insurance provides inexpensive protection for you and your family.
So what is term life and what makes it unique from other life insurance plans? The biggest difference is that it provides protection for a limited period of time, notes Edward E. Graves, author of “McGill’s Life Insurance.”
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- Category: Articles Library, Life Insurance, Term Life, Videos
- Tags: affordability, age, financial protection, life insurance, lower premiums, McGill's Life Insurance, pros and cons, saving money, State Farm, Term life insurance
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