Last Updated on: September 5th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian Key Takeaways Compound interest allows your money to grow faster over time. It differs from simple interest by letting you earn interest on both your initial amount and the interest that accum...
Senior Legacy Life Insurance: Secure Family’s Future
Last Updated on: September 5th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian Look at the hundreds of life insurance commercials out there, and senior legacy life insurance is not even an insurance company. Isn’t that crazy? Senior Legacy Life seems to look like a marketing ...
Settlement Option Life Insurance: Which is the best Option?
Last Updated on: September 5th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian When it comes to life insurance, do you know how your beneficiaries will receive the payout? Settlement option life insurance determines how the death benefit is paid out, whether as a lump sum, in installm...
Life Insurance Laws by State: State Insurance Regulations
Last Updated on: August 29th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian You know how life insurance laws vary across different states? Understanding these state-specific regulations can be crucial when selecting a life insurance policy that best suits your needs. From poli...
Basic vs Voluntary Life Insurance : Key Differences
Last Updated on: August 27th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian Do you live in fear of being forced to buy life insurance? Most people don’t. Although you have to admit, there are some pretty sleazy insurance salesmen out there pushing bad products onto people. But when...
How are Survivorship Life Insurance Policies helpful in Estate Planning?
Last Updated on: August 27th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian First thing, let’s define survivorship life insurance and how it can be helpful in your estate planning. Most are familiar with regular life insurance, which covers a single person. When that person ...
West Coast Life Insurance Review: Customer Ratings
Last Updated on: August 22nd, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian West Coast Life Insurance is an insurance company that specializes in offering insurance services in the western region of America. It has been in operation for over half a century and is now a one-stop shop ...
How Impact of Low Interest Rates on Life Insurance Companies
Last Updated on: August 20th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian Long-term commitments to pay beneficiaries of a policy upon the death of the insured are made by life insurance firms. For these future payouts, insurance companies put some of the premiums they receive for i...
Life Insurance Cost Basis: A Smart Financial Planning
Last Updated on: August 13th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian If you’ve ever sold an asset like stock or real estate, it’s likely that you’ve had to report your cost basis for that asset when you filed your taxes. There are many factors that contribute to d...
Variable Universal Life vs Indexed Universal Life: key Insight
Last Updated on: August 7th, 2024 Reviewed by Dylan Licensed Agent – @InsureGuardian Are you considering a variable universal life (VUL) or indexed universal life (IUL) insurance policy? It’s difficult to understand the key differences between variable universal life vs indexed univer...