For years, term life insurance policies have provided peace of mind for loved ones if or when the insured member should pass away. If the policyholder should die during the preset eligibility period of the contract, payments of death benefits are made to the predetermined beneficiary. Temporary (abbreviated as term) life insurance policies are the most economical option for payment of death benefits during the active contract period. This means that overall death benefit paid per dollar amount of premium paid allows for maximum benefits at minimum cost to the insured. It is important to note that term life insurance…

One day, a long time ago, we watched people planning vacations and were able to plan for their future with 401K’s/Retirement Accounts. Well, that was then, now we need to look at a not so promising future where due to the recession our 401K Retirement funds have been hit and hit hard due to our economic times. People have lost so much due to our economic situation that they may not have that dream of retiring like days of past. Why you can ask yourselves, look back at 2006 when things looked great, people were buying homes, taking vacations, buying…

For most people, car insurance is generally considered a necessary evil. Having to make monthly payments that can stretch an already tight budget can seem especially burdensome if you’ve never had an accident. However, if you ever do need to make a claim, having the right auto insurance can become a financial lifesaver. In the end, despite how you may feel about carrying auto insurance, it’s still required by law. Since state law requires that you carry insurance anyway, the question then becomes how much and what kind of coverage do you need? Here are a few things to keep…