InsuranceThought — Blogs About Insurance

Term Life Insurance or Permanent? Making the Decision

Deciding Between Term and Permanent Life Insurance

If you are considering purchasing life insurance, it’s important to make an informed decision about whether you will buy term, permanent, or both; choosing the wrong kind could possibly do more to damage your financial plans than almost any other financial product today.

Term life insurance offers only death benefits [...]

How Young Is Too Young to Purchase Life Insurance?

The fact is, you’re really never too young to purchase life insurance. The purpose of having life insurance is to replace an individual’s lost income in the event of a death. When you are young, oftentimes life insurance seems unnecessary; however, whole life insurance can actually help provide you with the opportunity to accumulate cash [...]

Combined Life Insurance Offers Advantages Over Regular Life Insurance

Life insurance is the one of the most sought after and commonly used financial services products. People, in general, have many fears and worries about life – longevity, as well as what could happen in the future. What the future portends is something that arouses our curiosity but also anxiety in the minds of most [...]

Evaluating Your Life Insurance Company’s Stability is Vital

While researching prices and coverage options to find the best insurance company for a life insurance purchase is vital, researching the companies’ financial health is just as much so. Financial strength is crucial – you need your company to be there when you need them in 10, 20, 30 years or more, when your beneficiaries [...]

LIFE Foundation Has Determined Most Americans Are in Need of Long-Term Healthcare Insurance

A new survey performed by the nonprofit LIFE Foundation has found that despite the annual cost of home health aides now topping more than $40,000 per year and private nursing homes approaching an annual cost of $75,000, 9 out of 10 Americans do not have a plan that will adequately pay these expenses when the [...]

Five Kinds of Travel Insurance to Consider

The key salesperson for your firm has an important client meeting and the flight, hotel, and other necessary travel plans have been made – more than $3,000 worth of plans that is. But something has happened and the trip must be cancelled; then what? Are you simply out $3,000 or can you count on business [...]

Life Insurance for the Business Owner – An Essential Financial Safeguard

The type of life insurance you choose to look at will, of course, depend on your specific need. Every kind of life insurance certainly does not fit each of our situations. Business owners need a particular kind of life insurance specific to the fact that they own a business. This is different than a policy [...]

Life Insurance For Business Owners – A Top Financial Priority

A top financial priority as a business owner should be the purchase of a life insurance policy. With so much at risk and no group policy to cover your family when they would need it the most, life insurance needs to be at the top of your list of business expenses.
As the owner of a [...]