by Raychel Adiutori
Life insurance: It’s not exactly the kind of topic that comes up during family dinner. No one really wants to talk about the death of a loved one. But when it comes to securing your family’s financial security, it’s a conversation that needs to happen.
The fact is, there are many things about life insurance that people don’t know.
by Scott Westcott
Just six months after retiring from 32 years on the Richmond, Virginia, Fire Department, Len Archer got a devastating diagnosis from his doctor. He had pancreatic cancer, and he likely had only two to eight months to live.
In an instant, Len, 56, and his wife, Paula, went from planning their retirement to preparing for what appeared to be the inevitable.
Life insurance, by its very nature, is deeply personal. It transforms the vulnerable into the secure.
It can also leave you wondering – how does that all work, anyway?
Keep reading for answers to a few curious questions you’ve probably wondered about life insurance… but were too afraid to ask.
According to the popular wedding planning site The Knot, couples spend an average of 15 hours per week planning their weddings, but it’s unlikely that much of that time is spent planning for life after the big day.
But now that you’ve found the person you want to spend the rest of your life with, make sure you protect each other by considering the bigger financial picture.
By Barbara Marquand
The question of whether to buy life insurance for children sparks strong debate about the value of such policies.
The following is repeated from the Finance and Markets Newsletter of December 13, 2003, and is intended as a holiday tradition for Leimberg Information Services:
"As we approach the holiday season, a time of tradition and thanksgiving, of cheer and renewal, let's reflect through song on the things that are truly important in our lives:
♫ On the first day of Christmas, my true love gave to me -a savings plan to accumulate 3-6 months of after-tax income to meet emergencies, unexpected layoffs, etc.