If you have ever applied for a mortgage then you may have heard the term hazard insurance. At every point of the mortgage process, you’ll receive demands from your lender which you must meet before you receive the loan. Most times, one of these demands is that you buy a hazard insurance …
Term vs. Whole Life Insurance: Which Is Best for You?
Here's a quick guide to the pros and cons of term and whole life insurance. Term life and whole life are two popular variations of life insurance policies. While the basic idea of providing much-needed cash in the event of your death is the same, there are some big differences between the costs …
The Biggest Risk To Your Home (And How To Prevent It)
Most people think the biggest risk to their home is a fire or a bad storm. It’s why they buy insurance (and the fact that it’s required by their mortgage lender). But in reality, the biggest concern is protecting your assets from a liability claim. Consider this... Warm weather has arrived and …
Who Needs Life Insurance? 10 Ways You Can Use Life Insurance
Your Life Insurance Strategy - How to Know if You Need Life Insurance Life insurance is designed to protect your family and other people who may depend on you for financial support. Life insurance pays a death benefit to the beneficiary of the life insurance policy. Over the years, life …
How Stress Can Impact Your Life Insurance Rates
Did you know that April is Stress Awareness Month? What exactly is stress? Stress is your body’s reaction to a harmful situation. Your body has a chemical reaction that allows you to act in a way to prevent injury. This is known as a stress response. During the stress response, your heart races, …