Should I Invest In A Fixed Annuity?
Posted: March 22, 2020
Should I Invest In A Fixed Annuity?Individuals who are semi-retired, about to retire, or already retired may choose fixed annuities to help stabilize their income from investments. Fixed annuities are insurance contracts. They offer the person who owns the annuity a set amount of income at regular intervals up to a specified point in time or a specified event, such as the annuity owner’s death. Investing in fixed annuities has both...
Do I Need Tornado Insurance In My Area?
Posted: March 16, 2020
Do I Need Tornado Insurance In My Area?According to the Insurance Information Institute (III), approximately 1,200 tornadoes touch down in the U.S. every year, with wind speeds as high as 300 mph. Peak tornado season is April through June or July. The most severe tornadoes tend to occur in the spring when they strike the Southeast, a more densely populated area than the Great Plains. III states that the South has more...
How Long Will My Life Insurance Application Take?
Posted: March 7, 2020
How Long Will My Life Insurance Application Take?Applying for life insurance may seem like a daunting process, but knowing what to expect can make it simpler and easier for you. Depending on a variety of factors, the underwriting approval process can take anywhere from a few days to a few months or longer. The following are the basic steps you can expect with a life insurance application process. Gather Up The Necessary...
7 Most Common Driving Hazards & How To Avoid Them
Posted: March 1, 2020
7 Most Common Driving Hazards & How To Avoid ThemIt can be hazardous to set out on the roadways today. Heavy traffic, dangerous driving behaviors, and other factors can turn our streets and highways into an obstacle course for motorists. The following are some of the most common driving hazards and what you can do to avoid them. Congested Traffic Traffic jams and congestion can lead to accidents. When you are driving in heavy...
Can I Designate Someone Other Than A Family Member As My Beneficiary?
Posted: February 22, 2020
Can I Designate Someone Other Than A Family Member As My Beneficiary?Although many people name family members as beneficiaries on their life insurance policies, it is certainly not a requirement. There are almost no rules restricting who you can choose, and you can change your beneficiary at any time (for example, after a divorce). The only universal restriction for life insurance beneficiaries is age. You cannot name a minor as your beneficiary. To provide a person...