“The circumstances of the world are so variable, that an irrevocable purpose or opinion is almost synonymous with a foolish one.” — William Henry Seward
Change happens. Children are born. Investments grow. People get older, and hopefully wealthier. The list of potential lifestyle-altering changes that can occur for any person or family […]
“What you leave at your death let it be without controversy, else the lawyers will be your heirs.” — Francis Osborne
A trust is a legal document that establishes a relationship in which one person (trustor) transfers an asset to another person (trustee) who manages and controls the asset for the benefit of a third person […]
“The most important secret of salesmanship is to find out what the other fellow wants, then help him find the best way to get it.” — Frank Bettger
Life insurance salesman will often quote you the lowest rate in order to get you to complete an application with them. One agent may accurately quote you […]
“The man is prudent who neither hopes nor fears anything from the uncertain events of the future.” — Anatole France
Life insurance agents are trained to sell you add-ons to your policy. It’s a lot like a fast food attendant asking you if you want to “supersize” your meal, or if you want fries and a […]
“The safest way to double your money is to fold it over once and put it in your pocket.” — Frank McKinney Hubbard
Whole life insurance is a type of life insurance policy that is marketed as an investment or “forced savings” plan. The claimed benefit of a whole life policy is that it builds […]
“There are worse things in life than death. Have you ever spent an evening with an insurance salesman?” — Woody Allen
I don’t know about you, but I have spent an evening with a life insurance salesman, and I have to agree with Woody. The salesman pitched me a bewildering number of choices to part me […]
“Our judgments about things vary according to the time left us to live–that we think is left us to live.” — André Gide
The best value for the lowest cost is a level premium term life insurance policy. This type of policy will allow you to purchase an amount of coverage at a fixed premium for […]
“A man’s treatment of money is the most decisive test of his character–how he makes it and how he spends it.” — James Moffatt
Once you have established that you need life insurance coverage, the next step is to determine how much your death benefit should be. The higher the amount of the death benefit, the […]
“Our necessities are few but our wants are endless.” — Henry Wheeler Shaw (Josh Billings)
Do you want life insurance, or do you need it? That is a reasonable question you should ask yourself, and it is an essential question to answer, especially if you are trying to build your wealth on a limited budget. Spending […]
“Those who plan do better than those who do not plan even though they rarely stick to their plan.” — Winston Churchill
It may sound obvious that you should create a life insurance plan, but it would surprise you how many people enter the life insurance buying process without a plan. Failing to create an adequate […]