Many people receive the advice to cancel their universal life insurance and they’re not so sure if it’s the right move. When I say “universal life insurance”, I’m really referring to any type of permanent or cash-value life insurance. This article will address the reasons why you should cancel your cash-value policy and why you.. More
If you’re a little skeptical about the word “guarantee”, then you are not alone. When you’re in the market for a new product or service, you want to know exactly what is guaranteed. You want to look at the fine print. What are the terms? What’s the catch? In this article, we will look at.. More
You may be quite happy with the benefits you have through your employer. Although health insurance is probably your primary concern, other benefits are important too. Employer-sponsored (group) life insurance can be a nice benefit, but it can also be somewhat misleading. In this article, we look at the pros and cons of group.. More
A few years ago, a new product design hit the term life market. It was (and is) a universal life insurance product that looks and costs very much like level term insurance. Since Dave Ramsey is a “term only” guy, he needed to clarify things when a few carriers introduced these universal life products that.. More
This article could also be titled “Universal Life Insurance Horror Stories”. Many people call us asking for advice regarding a pending policy lapse letter. “Should I pay a higher premium or let the policy lapse?” Neither option is good and this all-too-common dilemma is very unfortunate. In this article, we will look at how and.. More
We often hear the question, “How do you get paid?” It’s an excellent question. How an agent gets paid can influence your shopping decision as you will see below. When you’re shopping at an appliance store, you want to know how your “consultant” gets paid. Typically, commission-based salespeople are pushy and less education-oriented. We’ve all.. More
We all like a quick and informative article on a subject we’re researching. If you’re in the market for term life insurance AND you have been positively influenced by Dave Ramsey’s financial advice, then keep reading. The popular article is 5 Term Life Insurance Life Mistakes to Avoid. To read the entire article, please do.. More
Symetra Life Insurance Company offers one of the lowest cost guaranteed universal life policies. They consistently show up in the lowest three (often the lowest) when we prepare comparison quotes. If you’re like most people, Symetra is not a company with which you are familiar. Are they a quality company? Should you consider them as.. More
If you want to explore a few smart – and often overlooked ways – to purchase life insurance, then this article will certainly help. We receive many calls from people who want to purchase life insurance later in life. The reasons are numerous. You may decide at age 65 or 75, for example, that you.. More
