What would your loved ones do if you died tomorrow? They’d grieve. They’d cry. They’d reminisce about your time together. But when the shock wore off, how would they pick up the pieces? Would they have the means to continue living as before, or would they need to make drastic changes to their lives? They’d … Read more
How much would you pay for peace of mind? To be secure in the knowledge that your loved ones won’t go wanting after you die? If you’re like most people, your answer is probably “a lot.” Which is good, because one of the most reliable ways to get this peace of mind is also very … Read more
It’s human nature to wish for a long, healthy, happy life for yourself and your loved ones. Sadly, that’s not in the cards for everyone. That’s why term life insurance, the most affordable type of coverage, factors into so many families’ long-term financial planning. Contrary to one of the most persistent myths about life insurance, … Read more
You’re certain you did everything right when you put together that health insurance claim. You filled out every field on the claim form, provided an itemized bill for every single service, and even wrote a cover letter summarizing your care. But apparently, that wasn’t enough for your insurance company. In a businesslike — OK, borderline … Read more
You need life insurance to pay for your final expenses, such as your funeral and burial. It can cover expected future obligations your survivors might not be able to afford on their own, such as your kids’ college education. Or it can pay down big debts that survive you, such as a jointly held mortgage. … Read more
The small business you started with your college roommate isn’t so small any longer. With a couple million in revenue and about a dozen employees, it’s humming along nicely. An independent appraiser values your respective 50% shares at more than $5 million each. Then tragedy strikes: Your business partner dies without a will or succession … Read more
Your fledgling painting business is about to score its biggest contract to date. A big-time real estate developer in your city wants to hire you to paint the interior of a new 120-unit apartment building. The job will keep your team busy for weeks and net the business tens of thousands of dollars in profit. … Read more
If you’ve ever owned a car, you know how expensive auto insurance can be. According to AAA, a medium sedan costs an average of $1,106 per year to insure – about 15% of the total cost of owning the car. Drivers pay more each year for insurance than they do for maintenance, tires, or even gas. … Read more
According to the Bureau of Labor Statistics, over 16 million Americans — more than roughly 1 out of every 10 workers in the United States — are self-employed. That number includes business owners, both small and large, and people who work on their own as freelancers. Self-employment has a lot of perks, including the ability to … Read more
Nov. 1 is the beginning of open enrollment — the period when people can sign up for new health insurance plans in the health insurance marketplace created by the Affordable Care Act (ACA). Many private employers hold their annual enrollment periods at the same time. On this date, millions of people all over the country … Read more
