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Blog > Archive by category 'Life Insurance'
Sometimes I think people forget (or don’t care about) what the main purpose of life insurance is. This post is going to ignore whether you should buy term or whole life, or whether you can create your own pension using whole life insurance, or whether you should buy life insurance on your young
Continue reading Remember the Main Purpose of Life Insurance
Many business owners, especially smaller businesses owners rely heavily on one or two key employees; but what happens if that key person dies? How long will it take to get that business up back to its previously efficient way? How much will it cost to retrain someone? Those are obviously questions that only
Continue reading What is Keyman Insurance? Is Your Business Protected From Death?
 This is a guest post by Aaron, the president of Clarifinancial – the only way to get custom life insurance quotes from multiple agents anonymously. Because they let real life insurance agents compete for you without any unwanted phone calls or emails from agents, choosing from the competition is a clear choice. If you
Continue reading Why the Type of Life Insurance you Buy Doesn’t Matter
 Purchasing life insurance is a bigger discussion than just replacing one income…sometimes you have to replace two!
Over the years I have watched a lot of my favorite personal finance bloggers talk about calculating life insurance need, and I never understood why their calculations only take into account replacing one income. Two recent posts
Continue reading When Calculating Life Insurance You Are Replacing Two Incomes!
 In order to fully understand this post I am going to have to ask you to put down your $19.95 Suze Orman book or shut off your podcast of Dave Ramsey – and give me a chance to describe and illustrate how to create your own Pension Using Whole Life Insurance before leaving me
Continue reading Create Your Own Pension Using Whole Life Insurance
I received an interesting e-mail in response ot my post about buying life insurance on a child. In that post, my basic contention was that if someone isn’t able to work because of a loss of child, why wouldn’t they insure the child’s life so that one can grieve without the worry of working? The
Continue reading Buying Life Insurance on a Child Part Two
Warning this post might be considered too morbid for some people.
I had an interesting conversation the other week with one of the financial planners in my office that got me thinking. There was a client who was in the midst of buying life insurance on a young child (about 5 years old), I
Continue reading Buying Life Insurance on a Child’s Life
I hope this post doesn’t end up on one of my favorite blogs, Bad Money Advice, but I wanted to actually compare some numbers for people. Everyone, and I mean everyone tells you to stay the hell away from Whole Life Insurance, I think the main concerns are fees, lack of clarity, and
Continue reading Give Whole Life Insurance a Fair Comparison – Get Illustrations and Compare!
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