Category: Investing

Is term life insurance a good alternative for income replacement?

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Term life insurance is a policy meant to offer protection for a specific amount of time, as the name itself suggests. It’s very popular due to the fact that it is significantly cheaper than permanent insurance. Why? Because as whole life or universal insurance guarantee a pay-out when the insured dies,  when it comes to term policies the death benefit is granted only if the carrier dies while the policy is in force. Thus, term

Posted in Finance, Insurance, Investing

Need To Cover Your Mortgage? Buy Life Insurance!

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Mortgage rates are getting more and more expensive. Many families are having a hard time paying off the interest and the loans. Since most households depend on two salaries, the death of a spouse can leave the family without any possibilities of paying out the mortgage loans. It is important to make sure that your death will not be a financial disaster for your loved ones. Purchasing life insurance for a mortgage payment is a

Posted in Finance, Insurance, Investing

What People Need to Know About Mortgage Rates

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Purchasing a house can be the biggest decision in your life. You must contemplate for a while and decide if the prices on the market can be covered. Pay great consideration because this move will make you pay mortgage for the next 2 or 3 decades. A monthly payment for your purchased home is called a mortgage.  Obtaining the best rates is an aim for any potential buyer. Mortgage rates are variable in time, so

Posted in Finance, Investing

Do Stay-at-Home Parents need life insurance? How much then ?

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Nowadays, insurance companies enhanced life policies with many options and benefits in order for everyone to be illegible for a life policy. Elderly people, persons with physical disabilities or the unemployed, all of them are entitled to purchase a life insurance policy. For stay-at-home parents, a life policy is a very smart investment because it does not only cover the funeral and burial costs in case you die but it can be used to provide

Posted in Finance, Home and Family, Insurance, Investing