Life vs. Accidental Death Insurance
Posted: September 2, 2020
Life vs. Accidental Death InsuranceLife insurance is often confused with accidental death and dismemberment insurance (AD&D). While both are a form of life insurance, when and how each policy responds differs. Understanding the substantial differences between life and AD&D policy can help you select the right policy for you and your needs. Life Insurance Life insurance will pay beneficiaries in the event the policyholder passes away. The passing must...
This is Why You Pay Taxes on Employer-Sponsored Disability Insurance
Posted: September 2, 2020
This is Why You Pay Taxes on Employer-Sponsored Disability InsuranceYour most valuable asset is not your car, home, or 401(k) balance. Your most valuable asset is you! More specifically, your most valuable asset is your ability to earn an income. Think about it. The ability to earn an income is what allows you to purchase the tangible assets you own. This makes long-term disability insurance arguably the most important insurance you will ever carry....
The Safest Vehicles to Buy in Model Year 2020
Posted: September 2, 2020
The Safest Vehicles to Buy in Model Year 2020Every year, automakers stuff new models with the latest in safety technology. With more vehicles on the road than ever before and distracted driving at an all-time high, purchasing a safe vehicle has never been more important. When browsing your local dealer lot, very little information is provided on the sticker regarding a vehicle’s overall safety rating. This is why it is important to do...
What Medical Bills are Tax Deductible for 2019?
Posted: September 2, 2020
What Medical Bills are Tax Deductible for 2019?Medical bills can eat up a substantial portion of a family’s budget. In fact, nearly a quarter of all Americans are having trouble paying for their medical costs. Often it is a hospital stay, with daily costs exceeding $5,000, that can spiral financial budgets into a tailspin. Fortunately for some, the Internal Revenue Service does offer some assistance in the form of tax breaks. Depending...
The Case(s) to Buy Life Insurance for Your Child
Posted: September 2, 2020
The Case(s) to Buy Life Insurance for Your ChildNearly every insurance company has a life insurance marketing strategy for children. Websites, pamphlets, and sales training have been designed to convince parents to buy life insurance on their kids. But, the thought of a child passing away can send shudders down your spine. If we step back for just a moment, however, there are a few cases to be made why you should consider...