Reason to Sell Life Insurance for Cash: Term Life Insurance Policy
Apr 03, 2019
What is Term Life Insurance? There are two main types of life insurance: term life insurance and permanent life insurance.
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What is Term Life Insurance? There are two main types of life insurance: term life insurance and permanent life insurance.
Life is both precious and capricious. A reality of aging is that life and health can become increasingly unpredictable. As we age and new health developments arise, so do new medical expenses.
Reason 1: The Policy is No Longer Needed This is the first installment of the Ashar Group series, “Reasons to Sell a Life Insurance Policy for Cash.” Our series encompasses the following topics: “The Policy is No Longer Needed” (found in this article), “Premiums Are Too Expensive,” “Changes in Health,” “Retirement Planning,” “Term Policy Approaching […]
As we enter 2019 with a degree of uncertainty in some economic arenas, money-market funds, also known as MMFs, are making a comeback. Before the financial crisis of 2008-2009, money-market funds had the potential to yield 5 percent, and sometimes, even more.
When you hear the word “roommates,” thoughts about the days of being young and single may come to mind. However, more and more people, especially women, are finding the housemate option to be an attractive choice as they ease into retirement, taking into account financial reality and the resilience needed to live alone. In a […]
The life insurance industry may soon be facing major changes to the way its agencies do business. Two states, Nevada and New York, have recently passed legislation that requires more people in the financial services industry to put their clients’ best interests ahead of what’s most profitable to them.
For some older Americans, the "golden years" of retirement aren't necessarily very happy times. In fact, the rate of seniors facing bankruptcy has surged five-fold since 1991, according to a new research study from the Consumer Bankruptcy Project. This spike exceeds the demographic shift for the aging population. The report analyzed data across states from […]
As a senior approaching retirement, you’ve probably been thinking about life away from work. You may envision a future filled with happy moments, spending more time with family and friends, or traveling or playing golf — and now is the time to develop a plan to help those dreams become reality.
One of the best ways to stay financially healthy throughout your senior years leading into retirement involves retirement planning. The planning process should include assembling a group of qualified professionals dedicated to you--people who understand your financial situation and your long-term goals. Here are some of the experts you may want to add to your […]
One of the most challenging aspects of retirement planning is figuring out the extent of the financial resources you’ll need in order to live comfortably in retirement. Many people draw up a plan based on life expectancy—estimating how many years they’ll live after they retire. Yet those calculations may be incorrect because people are living […]