Getting life insurance for you and your family helps to secure your financial future to a reasonable degree. When assessing whether a specific plan makes sense to you before buying, you’ll need to consider more than just the coverage offered and premium rates. Understanding taxes on life insurance premiums is also a crucial step toward Read More
According to the Insurance Information Institute (III), life insurance coverage is a policy in which the insurance company promises to pay death benefits to your beneficiaries after your death. In exchange, the insurer requires you to pay premiums throughout the term of the policy. Usually, a life insurance policy can take effect anywhere from 24 Read More
If you have dependents, you should carry a life insurance policy to replace your income in the event of your untimely death. While life insurance is important, only 57% of Americans had it in 2020, as reported by Statista. Here are 10 tips for buying life insurance. 1. Find out Whether You Need Life Insurance Read More
According to a recent study, 55% of Americans have a life insurance policy. What happens if you die without an appropriate cover, like the unprotected 45%? You’ll most probably leave your family in serious financial trouble. Owning a whole life insurance policy is one of the most practical ways to protect your loved ones from Read More
If you are a young adult in your 20s, now is a good time to plan your financial future. In general, this entails creating a solid financial plan that will help you build an emergency fund and save for retirement. More importantly, it will help you pay off your debts, allowing you to create a Read More
Situations in which having life insurance is a major benefit. While you might assume that life insurance is only for married couples with kids on the way, this isn’t always the case. In fact, there are many reasons why single people should consider securing life insurance as well. Here are some of the situations in Read More
What you should focus on during your annual insurance review. The start of the New Year offers a great opportunity to review your various insurance policies and make changes to prepare for the coming year. But what exactly should you be focusing on when reviewing and updating your policies? Here are some of the areas Read More
Learn which types of coverage your college kid will need. If your child is heading off to college this fall, it’s important to make sure they are prepared for anything that comes their way. The best way to ensure that they are ready and protected is with the proper insurance coverage. Here are some of Read More
Most of us like a good “DIY” project, and now with online access we can pretty much research how to do anything ourselves. And why not? It usually turns out good and you save money doing it yourself. But even though DIY projects can be a great idea, when it comes to California Life Insurance it is a Read More