Category Archives: INSURANCE ADVICE

How to Buy Life Insurance for a Child

“The sooner you save, the faster your money can grow…” -Forbes.com, “The Five Most Important Money Lessons to Teach Your Kids“ Are you considering buying life insurance for an heir?In last week’s post, “Life Insurance for Children and Grandchildren – … Continue reading

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Life Insurance for Children and Grandchildren? The Surprising Benefits

“If you want to start an argument, ask a group of financial advisers what they think about buying life insurance for children.” – Bankrate.com Should you get life insurance for a child? Don’t people only “need” life insurance if they … Continue reading

Posted in CASH VALUE INSURANCE, FAMILY and FINANCES, INSURANCE ADVICE, WHOLE LIFE INSURANCE, WILLS and ESTATE PLANNING | Tagged , , , | Leave a comment

Something for Nothing: 3 Investment Traps

“Everyone loves something for nothing… even if it costs everything.” -Stephen King “When we try to get something for nothing (or next to nothing), we often end up with… NOTHING!” said Partners for Prosperity’s Kim Butler  on this week’s Guide … Continue reading

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Whole Life Vs. Universal Life: What Insurance Agents and Financial Advisors Really Think

“Believe (me), it’s not fun try­ing to explain to a client why his cash value went down and what are those high fees about.” – Agent/Advisor discussing Whole Life vs. Universal Life with a colleague Have you ever wondered if … Continue reading

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Should You Borrow Against Your Cash Value or Withdraw It?

“A penny here, and a dollar there, placed at interest, goes on accumulating, and in this way the desired result is attained.” -P.T. Barnum The Whole Life Insurance Dilemma: Taking Your Cash vs. Taking a Policy Loan Need a chunk … Continue reading

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How Much Life Insurance Do You Need? Get More Insurance for Less by Combining Policies

“A life insurance agent said to a would-be client: “Don’t let me frighten you into a hasty decision. Sleep on it tonight. If you wake in the morning, give me a call then and let me know.” – anonymous How … Continue reading

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Protecting Assets from Lawsuits and Judgments: Are You a Target? (part one)

“There are roughly 300 million Americans. Of these, over 1 million are lawyers. No other nation on earth has, or wants, this many lawyers. These lawyers work tirelessly encouraging and assisting Americans to sue one another.” -Don Miller in op-ed … Continue reading

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