If life insurance wasn't a priority before, it will become one if your health declines. The combination of realizing the most important people in your life are financially dependent on you and you are no longer invincible is a wake-up call for many.Most consumers with health issues admit that getting life insurance while they were young and healthy was always a thought, but nothing ever pushed them to pursue it until now. No one likes to think about their untimely passing, but having a health condition prompts the thought of “If something happened to me, would my family be okay?” The harsh reality is when these health complications arise, it becomes a challenge to find affordable…
10 Everyday Things That Cost More Than Term Life Insurance
Adults and parents worry. We worry about our family’s health, safety, financial security and future. But more families need to put their money where their heart is by buying term life insurance. (This is the most affordable type when initially purchased and provides protection for a specific period of time or the “term”.) However, the issue isn’t a matter of hypocrisy, but a lack of research and financial literacy. According to a Life Happens and LIMRA study from this year, 65% of households have not purchased life insurance because they think it’s too costly. To show that this is a common misconception, the study asked Americans to estimate the cost of a 20-year, $250,000 level term life insurance policy for a healthy 30-year-old male. Eight in 10 people overestimated the cost, saying it…
The List (aka what financial documents you should keep safe—and dry)
(This post originally ran in July of 2011, but in the wake of Hurricane Sandy, it seems pertinent to run it again--especially in light of the advice in the last paragraph.) How many of you have legal and financial documents stashed in different drawers in different locations? Perhaps you have some in your home safe, some in drawers in the bedroom, others in the den and more in the office. What happens when you become sick or die? Does any one person know where all the documents are located? Probably not, including you. The Wall Street Journal published a very interesting article, The 25 Documents You Need Before You Die, addressing just this problem. The article was two pages long, very detailed and well written, so let me give you a synopsis of…
How to Dock a Boat: Our 10 Top Tips
Bringing your boat to the dock is both a basic skill and an imperative one. These 10 top tips will help make sure you avoid docking damage and embarrassment.
Understanding Title Insurance and How It Impacts Your Mortgage Loan
Title insurance protects you and your lender from title disputes and other ownership issues that may arise. Here are just a few ways that title insurance can impact your mortgage.
How to Fix a Garbage Disposal
Supplemental Health Insurance 101
Supplemental health insurance is used to fill any coverage holes left by a health insurance plan. Learn more in this comprehensive guide.
How to Tell Your Barber How to Cut Your Hair
For most guys who aren’t barbers, it can be tough to describe how we want our haircut. If you’re the kind of guy who has trouble articulating the type of haircut you really want, here are a few mens haircut terms that you can use. Mens Haircut Terminology Arch – The arch is the area …
Patient-Centered Medical Homes: What is the Agreed-Upon Definition?
How to Maintain an Air Conditioner
Central air and window conditioners require routine maintenance to keep them operating at peak efficiency. It's important to know how a system's main parts function. Learn to troubleshoot a central air and room conditioner system.