Category: Term Quotes

The Department of Labor (DOL) issued a rule earlier this year that automatically elevates all financial advisors who work with retirement plans or accounts to the status of a fiduciary. This rule promises to have a far-reaching effect on the financial industry as a whole and the retirement planning sector in particular. However, several key organizations in the industry have responded to this rule by filing lawsuits aimed at overturning it. There are now five suits pending in various courts

Life insurance can be an essential component of most financial plans. Without it, you can run the risk of leaving those you care about without the financial means they need to go on if the unexpected should occur. When you go to purchase a life insurance policy, there are several important key factors to keep in mind. These should ideally include the type and the amount of life insurance coverage you are buying. However, there is also another essential criterion. This is ensuring the

The best life insurance companies change every year. How can you be so sure you’re choosing the top life insurance carrier for you and your family in 2017? It can be overwhelming to search for the best life insurance policy. At first, you can’t decide what type you need, and once you make a decision, you have to go find the best company to satisfy your needs and wants. We’re going to attempt to help you make this decision, or at least make it simpler, so you only find yourself

Insurtech. That’s a word a lot of financial professionals and investors are talking about or have heard floating around lately. If it’s not yet in your vocabulary, it’s time to start paying attention. Why? Because it’s the way the financial industry is headed, it’s the future of money and provides a new investment opportunity for investors who want to put their money into the technology and innovation sectors. What is Insurtech? Insurtech is the movement of the insurance industry

By Byron Udell | February 24, 2017 Professional NASCAR driver Danica Patrick is competing in this year’s Daytona 500 race. Race car drivers live with risk every day. That’s why Danica is a

Our clients often ask us, “How does depression affect the cost of life insurance coverage?” Depression effects everyone differently, and some cases of depression are more severe than others. This is why the life insurance companies review each applicant’s history of treatments and medications when they apply for coverage. Statistically, depression has been linked to an increased mortality risk from drug abuse, increased chances for physical ailments, and risk of suicide. If you have

The purchase of life insurance can help to complete most any overall financial plan. Without it, you could end up leaving those you care about vulnerable to unpaid debts in case of the unexpected. Your loved ones could also struggle to pay their everyday living expenses without needed income – income which could be replaced with a good, solid life insurance policy. When you are buying a life insurance policy, it is important to not only ensure you have the proper type and amount of

We know the topic of life insurance for seniors is a bit of a difficult discussion, but it’s extremely important. Whether a plan is needed for you or a loved one, it’s extremely imperative to select the best possible policy you can, because it’s likely the last policy you or the insured will ever own. We focus on three key factors when attempting to find the perfect life insurance policy for an aging person: Value Product Type Company Selection You’re best

Do you have life insurance? Life insurance is an important part of any financial plan, as it provides needed funds should your spouse pass away. It’s tough to think about, but imagine if your spouse were to suddenly perish in an accident. Say they were the breadwinner in the family. What would this mean for you and your children? Would it mean that you’d