When Should You Take Out Life Insurance?
Life insurance is often associated with growing older, as we anticipate potential health issues down the road. Yet did you know life insurance premiums actually increase with age? As such, those looking to support their family financially after death should think about when to take out a life insurance policy. Start Younger There is no…
Why Are More Americans Buying Life Insurance?
Over the past couple decades, fewer Americans have purchased life insurance directly. Many have depended on their employer for coverage or decided to go without, assuming the costs were too expensive. Yet attitudes have changed over the past year. As a result of the COVID-19 pandemic, more consumers are purchasing life insurance for themselves. Changing…
MassMutual Providing Free Life Insurance for Healthcare Workers
In response to the COVID-19 pandemic, MassMutual has created the HealthBridge Program, which offers free life insurance to eligible healthcare workers on the frontlines. Through the program, MassMutual will pay the premiums on 3-year term life insurance policies for these workers and their families. The company will issue $25,000 life insurance policies to those 18…
Understanding the “Goodman Rule” of Life Insurance
There are common pitfalls of buying life insurance that could be costly, but by working with a qualified agent, you can avoid contract missteps.
Term Insurance for Mortgage Protection
Of all the purchases you and your family make over a lifetime, your home is likely one of the biggest. If you’re the primary breadwinner, what would happen if you passed away? Not only is your family left paying for the funeral, but they will have to find a way to pay the mortgage. If…
