Monthly Archives: March 2023

How Life Insurance Works in a Divorce Settlement?

During a divorce settlement, life insurance is an important issue that is often overlooked. In the midst of problems that come up with a divorce, figuring out what to do with a life insurance policy is not on your priority list. However, you may don’t get at that time but dealing with life insurance in… Read More »

Some 5 reasons why you should consider getting insurance

We hear about insurance all the time: Insurance for assets, life etc. But many people don’t consider taking insurance policies because they don’t really know how they can benefit from it. When you buy an insurance policy, you’re buying a promise. It’s a promise that if something catastrophic happens in your life, your insurance will… Read More »

Life insurance premium expected to maintain record levels through 2024

Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the Internal Revenue Service tax code criteria that cash value life insurance policies must meet to retain tax-advantaged status. “While persistent inflation in 2023 will likely impact middle-income consumers’ demand for life insurance,… Read More »