Costco offers one life insurance product through Protective Life Insurance. Protective is a reputable insurance provider and the term life policy they offer is exclusive to Costco members. Protective is a financially stable life insurance company boasting “AA” ratings from both Moody’s and Standard and Poor’s. They also have an “A+” from the Better Business […]
After losing a loved one, there’s so much going on, that it’s easy for things to seem overwhelming. When you’re collecting life insurance benefits for the first time, it’s possible that you may have questions. Where do I start? What information do I need to collect life insurance benefits? How do my life insurance benefits […]
It is a common misconception that running a business entitles owners to deductible life insurance premiums. But that’s not always true. Unlike the strict rules for individuals, it’s true that businesses have a bit more leniency with tax-deductible life insurance premiums. But only in very specific cases are they deductible as a business expense. In […]
Contrary to popular belief there are very few situations where life insurance premiums are tax deductible. While premiums on long-term investment vehicles like an HSA or IRA are deductible, life insurance is a different story. It pays off, in the long run, to understand whether you qualify for these few situations. This can keep you […]
Term life insurance is something you’ve probably heard thrown around, either by your HR person or in TV commercials. But chances are, you still may not know entirely what a term life insurance policy is, or how it works. Thankfully, it’s pretty easy to break down everything about making your term policy work. Here’s what […]
When shopping around for a life insurance policy, you may be overwhelmed by the options available to you. Understanding how much an average life insurance policy costs is a step in the right direction. Here’s everything you need to know about the premiums you’ll come across in your search: Life Insurance Types Ranked From Least […]
If someone offered you a million dollar life insurance policy, you may think that it is too much coverage; that you might not qualify. Contrary to popular belief, million dollar life insurance is way more affordable and accessible than you might think. Improvements in the insurance industry have made it much easier and commonplace to […]
After losing a loved one, its easy for many vital details from their life to slip through the cracks. It’s possible you’re entitled to benefits from a life insurance policy that you never even knew about. You may be listed as a beneficiary and not even know about it. To figure this out, it may […]
1047 people surveyed in the United States Key Statistics: 77% of respondents said they were uncomfortable having their premiums fluctuate based on their yearly physical results. 59% of overall respondents overall said they would not be willing to wear a fitness tracker and share their data with insurance companies for better rates. When offered the […]
