Most people do not love buying life insurance. Have you ever heard someone say, “Guess what? I’m so excited – this weekend, my wife and I are going to BUY LIFE INSURANCE. Woooo!”

The #1 reason why buying life insurance is not a popular pastime? It’s complicated. It’s difficult. It’s hard to get “plain English” explanations for what it’s all about. It’s hard to know if you’re getting a good deal and it’s hard to understand the different options and benefits and price points from all the various life insurance companies.

Read the full post on Life insurance is complicated! Who can help me?.

People often think that you only need to buy life insurance if you have kids. After all, a rite of passage for many young married couples is to buy life insurance once they get ready to try getting pregnant for the first time. While it’s true that life insurance is an important way to provide for your children’s future in the event that you don’t live long enough to see it, buying life insurance is almost always a good financial move as part of a couple’s overall financial plan, whether or not that couple has children.

Read the full post on 3 reasons to buy life insurance before having kids.

If you are over the age of 50, you may not be aware that you may be able to sign up for a term life insurance policy. As time progresses, it’s normal to start thinking about the economic prospects of your loved ones. Term life insurance for senior citizens may help to deal with some of these issues.

Life insurance for seniors may help cover costs in the future that your retirement funds may not cover, such as:

Read the full post on Term Life Insurance for Senior Citizens.

• pay off a loan
• cover estate assessments
• have enough money to cover final expenses
• transfer a business

It often makes sense for people to buy life insurance later in life. For example, many people get divorced and re-married in their 50s and 60s. Many people are forming blended families with stepchildren, and/or starting new families at age 40 or later. None of these situations are like the traditional example of a 25-year-old married couple buying life insurance before they have their first baby.

If you are part of a couple that is marrying later in life, or living together and sharing expenses without being married, then it might make sense for you to approach life insurance in a new way.
Here are a few examples of occasions where it makes sense to buy life insurance later in life:

Read the full post on 3 occasions to buy life insurance later in life.

Whether you’re married, living together, engaged to be married, or just starting down the blissful path of romance, every couple in a serious relationship knows that personal finances are just another part of building a happy life together.

Once you’re in a committed relationship and you’re sharing rent, a mortgage or other monthly bills, you need to give some thought, along with the happy realities of love, to protecting yourselves from life’s possible disasters.

Read the full post on How much life insurance does a couple need?.

Most feel that they have a pre-destined checklist to complete before their “younger days” are over. I don’t have to divulge into details, but this list oftentimes this involves adventurous activities and slightly risky behavior that would otherwise be taboo in your adult life.

But here’s an item usually never inherently found on a youthful checklist; buying life insurance.

This is is one of the best things to “do while you’re young.” If you’re a young couple just starting out in life, you usually don’t want to spend a lot of time thinking about death and dying. (And that’s perfectly natural and healthy – spending too much time thinking about death can be a sign of depression.)

Read the full post on Get it while you’re young (life insurance that is).

Every New Year is a time for reflection and renewal. Each January 1st presents us with a clean slate and a chance to make changes in our lives. This is why people make New Year’s Resolutions – whether it’s to lose weight, exercise more, improve their diet, get a new job, or tackle some long-term challenge that they’ve been delaying for too long.

If you want to make some changes in your personal finances, perhaps it’s time to consider making some New Year’s resolutions for how you relate to money.

Here are a few ideas to help make 2012 a more prosperous year:

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One of the most important health questions that people get asked when they apply for life insurance is, “Have you used a tobacco product in the last 12 months?” If you answer “Yes,” that means that in the eyes of your life insurance company, you qualify as a smoker, and that means that your life insurance company is going to expect you to pay a higher life insurance premium than you would have to pay if you were a non-smoker.

Read the full post on Want to find low-cost life insurance? Stop smoking..

Many people think you need to get a full physical exam as part of getting approved to buy life insurance. But the truth is, you don’t. Some life insurance products don’t require a physical, and for the ones that do require a medical check, we can take care of it much faster and easier than a full-fledged physical at your doctor’s office.

Read the full post on Do you need a physical to get life insurance?.