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Category: Life Sense

How Long Does Term Life Insurance Last?

Here’s an obvious statement: day-to-day living costs add up fast. That’s why life insurance is so important. It allows you to protect your loved ones when you’re gone.Think of the impact of losing not only your income but all the other contributions you make to the family.Could they cover the mortgage or monthly bills without you?Do you have enough saved to pay for funeral expenses?What...

Is Life Insurance Taxable?

Life insurance is a great way to ensure financial security for your loved ones. However, one question that often arises is whether or not life insurance proceeds are taxable. In general, life insurance proceeds are not taxable, but there are some exceptions to the rule, so let’s explore how different types of policies may be treated for tax purposes. When Is Life Insurance Not Taxable?The...

How to Protect Your Most Valuable Assets: Your Key People

Most business owners have insurance to protect buildings, vehicles and other important assets, but few consider insuring their greatest asset: their people.How would your business manage after the death of, say, your lead salesperson, your sole design engineer or your experienced plant manager? How long would it take to fill that position or get someone else up to speed on their projects? How much damage...

15 Common Questions About Life Insurance

Life isn’t one-size-fits-all – and thankfully, neither is life insurance.Planning for the future can feel exciting and scary at the same time. Whether you’re buying your very first policy or planning for the next chapter of your legacy, it’s common to have questions.Here are answers to some common questions you might have.  How much life insurance do I need, anyway? A number of factors – including your...

What’s a Coverage Review (And Why Do I Need One?)

When it comes to insurance, the best policy is one that provides the right protection for you and your family — right now. That means as your life changes, your insurance coverage should, too.In an ideal world, you’d call your insurance agent every time you finished a home renovation, bought a new vehicle or got a new job. But life is busy. And with all...